At SBC Summit North America, Bill Miller, president and CEO of the American Gaming Association (AGA), had a 40-minute-long discussion with CNBC’s Contessa Brewer about the state of the gaming industry. Miller and Brewer discussed some of the challenges facing the gaming industry, including pandemic management and cybersecurity. They also reviewed the rise of cashless payments and its effects on casino and online gaming. Miller argued that while cash is important to one segment of patrons, he said, “We’ll lose generations of younger people who don’t transact in cash.” Luckily for casino operators everywhere, Global Payments offers solutions that appeal to patrons who prefer cash and those who don’t.
Global Payments’ VIP Mobility™ is the industry’s first mobile solution enabling true cashless gaming from funding through cash-out. The solution delivers hardened bank-grade security to casinos’ complex gaming environments while equipping patrons with a seamless and secure payment experience. VIP Mobility is powered by Global Payments’ award-winning VIP Preferred® e-check network, enabling patrons to directly transfer funds from their VIP Preferred balance to their favorite game. VIP Mobility’s cashless approach appeals to younger patrons while creating a safer way to game amid rising COVID-19 cases.
However, many patrons still prefer using cash on the casino floor. Fortunately, VIP Mobility interoperates with Global Payments’ VIP Financial Center™, the industry’s first full-service solution providing convenient self-service TITO tickets, bill breaking, e-check, ATM and cash advance capabilities to casino guests who prefer to use cash. The high-performance solution also equips casino operators with robust service capability, high dependability, easy serviceability, and enhanced security.
As patron preferences continue to evolve, casinos must offer cash access and cashless gaming capabilities. Click here to learn more about how Global Payments’ solutions empower operators to meet the needs of all patrons, regardless of their preferred method of funding.