CASINO NEWS Sheldon Adelson passes on at 87; AGA statement
Casino visionary Sheldon Adelson, the man behind the Las Vegas Sands empire, has passed away at the age of 87. Las Vegas Sands Corp said in a statement: “Our founder and visionary leader, Sheldon G. Adelson, passed away last night at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma,” the company said. “His achievements in the integrated resort and hospitality industry are well-documented. While his business credentials – having started or been involved in more than 50 different enterprises – are unquestioned, his dedication to philanthropy and commitment to his family will truly be his legacy. He will be missed by people from all parts of the world who were touched by his generosity, kindness, intellect, and wonderful sense of humor.” American Gaming Association President and CEO Bill Miller also issued a statement on Adelson’s passing, saying: “[the] passing of Sheldon Adelson is a tremendous loss to the gaming community. Mr. Adelson, founder and chairman of Las Vegas Sands, was a true visionary and pioneer of modern casino gaming for more than three decades. From Las Vegas and Pennsylvania to Macao and Singapore, his mark is indelible.
“I had the pleasure of knowing Mr. Adelson for
more than 15 years, long before joining the American Gaming Association (AGA). It is his leadership and generosity that stand out the most to me. There’s no greater example of this than serving his community and prioritizing his employees’ well-being during the
last year as our country and industry grappled with the global pandemic. “On behalf of the AGA, I share our deepest
sympathies with Dr. Adelson, the Adelson family, and our gaming colleagues at Las Vegas Sands. May his memory be a blessing.”
IGT leads new era in Cashless Gaming with completion of Nevada regulatory approval
IGT leads a new era in cashless gaming by successfully completing the final stage of Nevada regulatory approval for its Resort Wallet carded cashless module, part of the award-winning IGT ADVANTAGE casino management system. With this milestone, the module is approved for deployment throughout the State, enabling customers to give their casino patrons the option of a reduced-contact, safer, and effortless cashless slot gaming experience. “Our Resort Wallet solution ensures that our
customers can experience the increased liquidity, player convenience, and enhanced safety that only cashless gaming can deliver,” said Ryan Reddy, IGT Vice President, VLT, Systems and Payments Products. “This solution will heighten the player experience to new levels while positioning our customers as technology leaders. We’re grateful to the Nevada Gaming Control Board for enabling this momentous debut in the State.” The approved Resort Wallet carded cashless module enables players to use a loyalty card to transfer cash into a secure digital wallet from either the casino cash desk or any Resort
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Wallet-enabled slot machine. Players can then insert their PIN-protected card into the slot machine, apply those funds to their game play, and cash out to their secure digital wallet at any time. They can also choose to move a portion of their funds from the slot machine to their digital wallet while printing a ticket at the slot machine for the balance. The carded cashless module is one of three
variations available as part of IGT’s Resort Wallet solution, the industry’s only fully integrated, turnkey cashless technology: • A variation of the Resort Wallet solution includes cardless cashless, where players tap their smartphone on a slot machine or table game to card in. They can then access their Cashless Wagering Account, load cash into the account from either the casino cashier, kiosk, or slot machine, then transfer funds between slot machines onsite, as well as between a casino’s properties.
• Cashless with external funding represents the full-service variation of the Resort Wallet solution. It combines Resort Wallet with IGTPay, IGT’s proven, proprietary external funding gateway.
Players access their Cashless Wagering Account from a mobile app, with the flexibility to load their account securely and directly with funds from external sources such as credit and debit cards, bank accounts, and e-Wallets. In addition to slot play, patrons can
seamlessly access the funds in their Resort Wallet Cashless Wagering Account for table gaming, sports betting, and at retail points-of- sale.
All Resort Wallet modules encourage social
distancing on the gaming floor by reducing line-ups at the casino cash desk and kiosks, and generate greater operational efficiencies by reducing cash handling costs and associated safety and security risks. Cashless play lessens machine maintenance by reducing cash handling, and results in fewer cash handling errors.
In addition, the IGT ADVANTAGE system
enables responsible gaming information to be displayed through the Service Window and NexGen display on the slot machine, as well as through notifications on the Resort Wallet- enabled cashless wagering mobile app.
pigprox/Adobe Stock
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