Presentation is loading. Please wait.

Presentation is loading. Please wait.

2006 - Year of Implementation and Value Creation!2006 Annual Meeting.

Similar presentations


Presentation on theme: "2006 - Year of Implementation and Value Creation!2006 Annual Meeting."— Presentation transcript:

1 Year of Implementation and Value Creation!2006 Annual Meeting

2 Good Things Happen When We All Pull Together 2006 Annual Meeting

3 Year of Implementation and Value Creation!2006 Annual Meeting

4 Year of Implementation and Value Creation!2006 Annual Meeting  Welcome (9:00am – 10:00am)  Antitrust Reminder  Financial Report / Review 2006 Budget  Achievements 2006  Keynote Speaker (9:20am – 9:40am)  Tom Peck, SVP & CIO, MGM MIRAGE "The Impact of Standards on Operations"  Member Recognition  Closing Remarks Agenda

5 Year of Implementation and Value Creation!2006 Annual Meeting Antitrust Reminder  GSA has strict antitrust guidelines that its Board and members adhere to. A copy of the guidelines is included in the handouts.

6 Year of Implementation and Value Creation!2006 Annual Meeting Membership Growth

7 Year of Implementation and Value Creation!2006 Annual Meeting 2006 Board Of Directors ChairLyle BellSeminole Tribe of Florida Vice ChairRandy HedrickIGT SecretaryMoti VyasViejas Casino TreasurerFred LychockR. Franco USA Robert MarnellAristocrat Technologies Ken BossinghamAtronic Americas Mark LipparelliBally Technologies Derrik KhooE-Genting Ken WeilHarrah’s Entertainment Steve SutherlandKonami Gaming Brendan O’ConnorMultimedia Games Don KarrerPenn National Gaming Tom GalantyProgressive Gaming Jon BerkleyTransAct Technologies Rob SiemaskoWMS Gaming John HilbertFuture Logic Bob McKenzieMEI Tom PeckMGM Mirage Ron HarrisRocket Gaming Systems

8 Financial Report

9 Year of Implementation and Value Creation!2006 Annual Meeting Financials: 2006 Budget vs Audited 2006 (budget) 2005 (audited) Revenues$1,902,640$1,635,010 Expenses$1,882,882$1,579,351 Retained Earnings$ 333,142$ 323,384

10 Year of Implementation and Value Creation!2006 Annual Meeting 2006 Financials: Projection / Budget 2006 (projected) 2006 (budgeted) Variance Revenues$2,103,440 $1,902,640 11% Expenses$2,002,987 $1,892,882 6% Retained Earnings$ 423,837 $ 333,142 27%

11 Year of Implementation and Value Creation!2006 Annual Meeting Expenditure Breakdown

12 2006 Achievements

13 Year of Implementation and Value Creation!2006 Annual Meeting The Road to Open Standards  Industry Support for G2S  BOB/SSAS Integration (G2S) effort – since Oct 2005 there were 100+ meetings, 3 times a week, 31 industry experts, resulted into a pages  Revised GSA Patent Policy  Old policy had strict penalty provision for non-disclosure > over disclosure  Patents will be licensed under Reasonable Terms and Conditions  Committee Charters have been updated to define scope  Members must choose to ‘Opt-in’ to committee participation  Only ‘Necessary Patents’ must be disclosed  Board Strategic Focus  GSA Staff and Member Volunteer Effort  Technical Director hired - Marc McDermott (ex chief of the electronic services division of the state of NV Gaming Control Board)  Total of 7,700+ hours of conference calls

14 Year of Implementation and Value Creation!2006 Annual Meeting Technology  G2S – Game To System Standard  G2S v1.0 - December 2006 (Vote)  Transport Standard  Multicast v1.0 – Available NOW  Point-to Point v1.0 – November 2006 (Comments)  S2S - System to System Standard  S2S v1.2 – Available NOW  GDS - Gaming Device Standard  Note Acceptor, Touch Screen, Printer, Page Description Language, Magnetic Card Reader - Available NOW  Certification  Profiles Development underway

15 Year of Implementation and Value Creation!2006 Annual Meeting Implementation  G2S  Demonstrations of the standard by GSA members at G2E  S2S  Choctaw Casino Durant - Choctaw Tribe of Oklahoma  Hard Rock Casino - Seminole Tribe of Florida  Toolkits  GSA encourages 3 rd party toolkit developers  International Community  Australia: AGMMA recommends GSA’s G2S as the protocol standard for New South Wales  Russia: Exploring the use of GSA’s GAT as a standard  Regulations  Nevada regulations for downloadable software facilitate G2S implementation

16 Year of Implementation and Value Creation!2006 Annual Meeting Certification and Education  Certification  Development of On-line Certification Program  GSA issues GSA SAS certificates  The Open Group chosen as Certification Authority  Education  GSA provides grant of $900,000 to the UNLV Foundation  Assistant Professors in Informatics are actively being recruited  UNLV and GSA will develop academic / educational track on GSA standards and technology

17 Tom Peck "The Impact of Standards on Operations" SVP & CIO - MGM MIRAGE

18 Year of Implementation and Value Creation!2006 Annual Meeting GSA … The Right Thing to Do! G2S, S2S, GDS, Transport, … Reinvest Capital & Speed to Market Develop Bench of Talent; Supportability; SDKs Sharing of Data; Interoperability; Same “Language” “GSA Facilitates the Identification, Definition, Development, Promotion and Implementation of Open Standards to Enable Innovation, Education, and Communication for the Benefit of the Entire Industry.”

19 Year of Implementation and Value Creation!2006 Annual Meeting An Operator’s View

20 Year of Implementation and Value Creation!2006 Annual Meeting An Operator’s View Lost Sales Lost Marketing Higher Costs Ties up Capital

21 Year of Implementation and Value Creation!2006 Annual Meeting An Operator’s View Complexity Multiple Servers Extra Staff Ties up Resources Consumes Capital

22 Year of Implementation and Value Creation!2006 Annual Meeting An Operator’s View Lengthy Development … Testing … Regulatory Process = Hinders Agility & Speed

23 Year of Implementation and Value Creation!2006 Annual Meeting Benefits of Standardization “The world is getting smaller … hardware, software, and content must move irrespective of boundaries & borders … the need for commonality and standards grows.” CEO of Major Technology Company What this also means to our guests … … the Las Vegas strip is getting “smaller” … technology, games, devices must be transparent … they want their games / options anytime, anywhere

24 Year of Implementation and Value Creation!2006 Annual Meeting Benefits of Standardization Data must be consistent, accurate, available and shared Speed to market … differences sometimes paralyzes momentum Faster migration paths … adapt to meet business needs / trends Innovate … as technology moves forward, users get more benefit Standards expand the marketplace … the pie gets bigger Integrate the entire ecosystem … foster price competition … choose on value and end-to-end experience Drives down TCO … allows for reinvestment We want product-rich AND customer-centric Draw professional service organizations in … integrators and ASPs

25 Year of Implementation and Value Creation!2006 Annual Meeting Hospitality and Gaming 2010 Brand is more powerful than location for hotel choice Brand is driven by experience Technology helps drive experiences … guests want consistency Corporate brands are replaced by more specific brands China, India and the Gulf Nations will add 1.4MM branded rooms “Machines” are replacing employee-customer interactions Customer segmentation … manage the multi-channel experience Personas (goals, attitudes, behaviors) drive customer desires Sell Experiences … NOT Products S top selling standalone devices … consumers want end-to-end control Buying stand-alone products fails to capture downstream products, services and content

26 Year of Implementation and Value Creation!2006 Annual Meeting Boundary less Partnership OperatorsManufacturersSuppliers For the Good of All!

27 GSA 2007 / Recognition

28 Year of Implementation and Value Creation!2006 Annual Meeting Our Focus in 2007  Certification  Education  Global Support

29 Year of Implementation and Value Creation!2006 Annual Meeting Association Recognition GGSA Members AAtronic Systems – 5 Year Membership FFred Lychock – Longest Serving Board Member CChristine Freytag – Project Manager MMichelle Olesiejuk – Executive Director JJeana Hines – Technical Communication Consultant

30 Closing Remarks

31 Q&A

32 Year of Implementation and Value Creation!2006 Annual Meeting Our Platinum Members


Download ppt "2006 - Year of Implementation and Value Creation!2006 Annual Meeting."

Similar presentations


Ads by Google