G2E Asia 2010


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For all of my gaming career there has been an event in Las Vegas each year that drew the industry’s leaders.  The first few gatherings, 1979-83, were sponsored by Laventhol & Horwath an accounting firm that specialized in gaming, it was a conference and not a trade show, it concentrated on the practical business side of operating casinos.  Everyone of note in the industry attended, the most important CEO s and CFO s spoke, telling about their problems and the triumphs; bankers came, regulators came, and all levels of casino management came.  Those conferences were my first opportunity to hear Steve Wynn speak, he spoke every year and every year he made at least one statement that seemingly changed the industry.  All of us that attended waited eagerly for Steve’s speech and we were never disappointed. The Laventhol & Horwath Annual Gaming Conference was replace in time by a trade show and the trade show over time evolved to what it is today, G2E.

G2E is primarily a trade show and like all trade shows its major purpose is to provide a showcase for the vendors to the gaming industry to display their wares.  Still, G2E does have important panels and discussions on the most significant issues of the year as well as a host of opportunities to learn about every facet of casino management and operations. G2E is the primary gaming gathering of the year, attracts the most vendors and has the largest number of attendees, it takes place in Las Vegas.

However, it is not the only show and Las Vegas is not the only place where significant gaming trade shows and gatherings take place.  Every region of the United States has its own show and every region the globe has a version.  Macau now has its own G2E.  It will be in June this year at the Sands and in its advance publicity promises a very important event, a chance for all those interested in the expansion of gaming in Asia to get up to speed on all of the developments in Asia.  [Yogonet]

It has been a long time since I hear Steve Wynn tell about having a private party for his top 400 players with Frank Sinatra attending to entertain them and hang out with them for a weekend. He said he made more from Sinatra that one weekend than Bally’ had with Sinatra in a year. He also bragged that he gave out millions of dollars to his employees for their contribution to the weekend’s success.  It stopped us all cold; I don’t know if he will speak this year in Macau, but if he does, I am betting he says something that will startled the industry once again.  But even if Steve does not speak, I am still willing to wager those that do attend with get a better glimpse of gaming’s future that they would in Las Vegas.

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