MGS Summit examines new innovations in gaming

The MGS Entertainment Show, which is backed jointly by the Macau SAR Government and the largest 150 gaming and entertainment companies in Asia, will challenge conventional thinking in the agenda for its annual summit at the Venetian Macao, November 14-16, 2017.

Titled 'Smart City, Smart Economy', the MGS Summit will place gaming at the heart of the trading and investment drive for the Belt and Road project and pose the question: can gaming deliver the key technological advances and financial solutions to inspire the ambitious cross-continental economic development plan?

Featuring almost 20 sessions on subjects ranging from next-gen technology, government partnerships, economic investment, new territories and artificial intelligence to engaging multi-media millennials, the MGS Summit 2017 will assemble representatives from the Chinese Government, industry innovators, the world's major investment houses and operators from the emerging and established markets to discuss these far-reaching issues.

The challenge facing the internationally renowned panelists and speakers this year will be to identify how gaming, in all its forms, can help shape the business and technological landscape, from potential and emerging markets, such as Japan and the Philippines, as well as established hubs like Macao, and all the way along the old Silk Road. And in so doing, the panelists will deliver their verdicts on how the broad-based gaming and entertainment industry can deliver 'Smart Cities and Smart Economies'.

Announcing the remit for the Summit, Jay Chun, chairman of the MGEMA, which is the influential trade body behind the conference, said, “The international gaming industry has reached a pivotal stage in its development. Next-gen technology is the powerhouse of our business, and the new wave promises so much more for us, especially with the ambitious and lucrative economic project along the Silk Road trading route gathering momentum.

“This year's MGS Summit has to examine the rising forces within our industry, such as new platforms, AI, VR and payment systems and see how they can pioneer a smarter business ethos across all industries and communities and drive a smarter and healthier economy.”

Mr Chun added, “Over here, we now have a multi-trillion-dollar trading plan underway in the shape of the Belt and Road, expanding economies from the East to West. The gaming industry has an opportunity to ensure that our new technology can make cities prosperous both financially and through exciting innovations that bring greater entertainment, education and efficiency to every level of our community.

“The Summit will piece together the process for building a model that will drive the Smart City, Smart Economy ethos across the world."

During its three-day program, the 2017 MGS Summit will examine the pioneering forces of AI and virtual reality and how they will slot into the marketplace alongside Asia's sophisticated land-based casino sector and the rising star of online gaming. It will also drill down into how governments on the Silk Road can develop and diversify their infrastructures in a number of ways, from the i-gaming sweep through Asia to the allure of sports betting and esports and from the resurgence of land-based offerings and traditional machine manufacturing to cloud, mobile and database operations.

The 2017 MGS Summit will draw on the expertise of officials from the Macao SAR Government, the leading figureheads in Asian gaming, major corporations in Macao and the Asia-Pacific region, and international luminaries and influencers that are playing a pivotal role in the region's growth and development.

The organisers of the 2017 MGS Summit will be announcing the line-up of speakers and sessions in the coming weeks.

More news from this jurisdiction

MacauWednesday, Mar 21, 2018

Macau gaming machine distributor Asia Pioneer Entertainment said revenue jumped by 63.7 percent in 2017, though net profit fell due to the expenses associated with the group’s recent stock exchange listing.

MacauTuesday, Mar 20, 2018

China’s VIPs have an ever growing number of IRs to choose from, but Macau is unlikely to be knocked from its post as the top draw for high rollers any time soon, analysts say.

MacauMonday, Mar 19, 2018

Melco Resorts & Entertainment Chairman and CEO Lawrence Ho said he would favor maintaining the status quo in Macau when it comes to renewing the concessions for the gambling hub’s six operators.

Macau, ElsewhereMonday, Mar 19, 2018

Tom Light, senior vice-president of business development at SBTech, is to leave the group to establish a new business venture that will unite blockchain and gambling.

Macau, Mainland ChinaMonday, Mar 19, 2018

Zhuhai airport plans to add more flights to improve connectivity to the Macau region.

MacauMonday, Mar 19, 2018

Melco Resorts & Entertainment CEO Lawrence Ho said the company will take care of the family of a worker who died at the construction site of its Morpheus hotel on Sunday.

MacauThursday, Mar 15, 2018

Sands China has become the first gaming operator in Macau to earn an ISO 9001:2015 certification for the quality management of its facilities department.