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 gaming industry's challenges, including pandemic management and cybersecurity. They also reviewed the rise of cashless payments and its effects on casinos and online gaming. While cash is essential to one segment of patrons, Miller argued, "We'll lose generations of younger people who don't transact in cash." Luckily for casino operators everywhere, Pavilion Payments offers solutions that appeal to patrons who prefer cash and those who don't.
Pavilion 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 Pavilion 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 Pavilion 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.
Casinos must offer cash access and cashless gaming capabilities as patron preferences evolve. Click here to learn more about how Pavilion Payments' solutions empower operators to meet the needs of all patrons, regardless of their preferred funding method.