Traditional, in-person casino gaming remains the most significant source of commercial gaming revenue, according to the American Gaming Association (AGA) Commercial Gaming Revenue Tracker. The AGA also reports that while commercial gaming revenue was up by 20% in 2021, U.S. travel spending was still down by 20%. The coronavirus pandemic has made leisure travel difficult, but as pandemic measures ease, we may see travel spending reach pre-pandemic levels. Once travel spending rises again, casino gaming revenue may significantly come back. Pavilion Payments offers the perfect solutions for in-person gaming.
Pavilion Payments’ VIP Mobility™, the industry’s first mobile solution enabling true cashless gaming, creates a unique, modern gaming experience. VIP Mobility allows patrons to complete all transactions on their mobile devices, leveraging a digital approach emphasizing speed and convenience. VIP Mobility also utilizes the Pavilion Payments industry-standard e-check network, VIP Preferred®, to connect patrons’ wagering accounts to their bank accounts. VIP Preferred uses bank-grade security to complete all transactions quickly and safely.
Pavilion Payments also provides casinos with in-person gaming solutions for patrons who prefer playing with cash. VIP Financial Center™ is Pavilion Payments’ comprehensive kiosk solution. VIP Financial Center provides convenient self-service TITO ticket redemption, bill breaking, e-check, ATM, and cash advance capabilities to casino guests. The high-performance solution delivers a convenient experience by decreasing the time waiting in line at the cage.
While digital gaming is an exciting development, and much of the conversation surrounding it is warranted, in-person gaming remains a dominant vertical in the gaming industry. As a result, casino operators ought to invest in their in-person services, specifically once travel spending surpasses pre-pandemic levels.
Click here to learn how Pavilion Payments can improve the in-person gaming experience.