News

Josh Swissman Quoted on The Times

New ball, please: the $2.3bn mega sphere that’s lighting up Las Vegas

Visitors to Las Vegas, with its mini Eiffel Tower, fake Statue of Liberty and imitation Egyptian pyramid, expect the city’s skyline to be memorable.

Yet even veterans of the Strip will be struck by its latest attraction, which is eye-catching even by Sin City’s extravagant standards.

The $2.3 billion Sphere — a globe-shaped venue whose exterior is in effect a giant video billboard — looms over the Venetian hotel and the golf course of Wynn Las Vegas.

Read the full article here.

Josh Swissman Quoted on Las Vegas Review Journal

‘Losing money every minute’: MGM, FBI look into possibility of cyberattack

Tuesday marked another frustrating day for guests at MGM Resorts International properties, after a cybersecurity issue that began Sunday continued to wreak havoc, forcing customers to wait hours to check in, sidelining slot machines, and shutting down paid parking systems, ATMs, the company website and its mobile app.

MGM has not commented on what systems were affected or how the incident happened, but has contacted law enforcement, and the FBI confirmed on Tuesday that it is investigating the matter.

Read the full article here.

Josh Swissman Quoted on Las Vegas Review Journal

SEC rule ‘changes the game,’ could shed light on MGM cybersecurity issues

A recently implemented rule from the Securities and Exchange Commission could soon provide insight into MGM Resorts International’s cybersecurity incident that is causing problems at its properties nationwide.

The SEC now requires publicly traded companies to disclose a cybersecurity incident that they determine “to be material” — meaning a shareholder would consider it important in making an investment decision — in a special filing, according to a rule adopted on July 26. The rule became effective Sept. 5 and most companies must comply with the disclosure requirements on Dec. 18.
Read the full article here.

John English Quoted on WTNH News

The Gaming Industry is under attack

In today’s internet-driven world, the gaming industry stands at the forefront of an escalating cyber crisis. With cyber threats reaching unprecedented levels, Maxxsure will be present to educate gaming operators on how to implement their crucial solutions at the upcoming Global Gaming Expo (G2E) in Las Vegas from October 9th – 11th.

Read the full article here.

GMA Consulting Featured on Sportico

SPORTICO TRANSACTIONS: MOVES AND MERGERS ROUNDUP FOR SEPTEMBER 8

Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships and products across the sports business industry.

Read the full article here.

Josh Swissman Featured On CDC Gaming

Nevada on record gaming-revenue pace as Las Vegas visitation and hotel occupancy continue to build

Nevada is holding steady for record gaming revenue, with Las Vegas visitation running 8% higher than 2022. Moreover, it’s expected to swell with the start of football season and the inaugural Formula One race on the Strip in November.

Las Vegas’ occupancy in July was the highest since prior to the pandemic, helping Nevada set an all-time monthly record of $1.4 billion in gaming revenue, while the Strip set an all-time record at $834.8 million. Strip gaming revenue is 6.5% higher year over year through the first seven months of 2023.

Read the full article here.

New GMA Consulting Hires featured in Gambling News

GMA Consulting Hires Pat Eichner and Dan Hartman as Associate Partners

The leading consulting firm catering to the entertainment, gaming, sports and hospitality sectors, GMA Consulting, announced Wednesday it strengthened its team with two new associate partner appointments. The company revealed that it hired the services of Pat Eichner, an expert within the gaming sector, who will oversee GMA’s communications and contribute toward strategic initiatives within the vertical.

Read the full article here.

Seth Schorr featured on Vegas2LA Magazine

CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino

For the past decade, Las Vegas native Seth Schorr, CEO of Fifth Street Gaming and the Chairman of Downtown Grand Hotel & Casino, has spent much time and energy engaging people who are and strive to be innovative. Whether these people are on his team, in his companies, individuals he advises or invests in, or students that he mentors – the characteristics they all have in common are intelligence, self-confidence, and creative minds. According to Schorr, successful people understand what works today, why it works, and how to improve it.

Read the full article here.

Josh Swissman quoted on Gaming Americas

Josh Swissman to Serve as G2E 2023 Education Chair

GMA Consulting has announced that Josh Swissman, a Founding Partner and Managing Director, has been selected as the G2E Education Chair for Global Gaming Expo 2023. Swissman will oversee the programming and execution of G2E’s four-day education program from October 9 to 12 at The Venetian Expo in Las Vegas, NV.

Swissman brings global expertise, deep understanding of the gaming industry, and an extensive network to the G2E Education Chair role. Working in collaboration with the show’s producers, the American Gaming Association (AGA) and RX Global, as well as the G2E education advisory board, Swissman will ensure that the 2023 program provides a rich and meaningful educational experience for attendees from all facets of the gaming industry.

Read the full article here.

Josh Swissman quoted on CDC Gaming Reports

Canadian influx helped Las Vegas’ 2022 international segment as Asia slower to rebound

Despite a slower return from Asia, international travelers, led by a surge from Canada, came to Las Vegas in much greater numbers in 2022, according to a report released by the Las Vegas Convention and Visitors Authority.

Last year, 3.41 million international visitors came to Las Vegas, easily topping the 1.2 million in 2021 and 1.14 million in 2020 when the pandemic started.

Las Vegas has recovered 60% of its pre-COVID international travel. But it’s behind the high mark of 5.98 million recorded in 2014 coming out of the global recession.

Read the full article here.