andy choy
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#SGSConfLVTRANSCRIPT
Mobile May Be the Answer but What is the Question?
Las Vegas Visitor ProfilePrimary Purpose of Visit
Vacation/Special Event72%
Convention/Business16%
Gambling9%
Other3%
Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority
Las Vegas Visitor ProfileAverage Trip Expenditures/Budget
Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority
$348.98
$307.33
$265.11
$149.29
$57.77 $42.89 $9.63
Gambling
Food & Drink
Shopping
Lodging
Local TransportShows
Sightseeing
Non-Gaming 70%
Gaming 30%
Myth of First Mover AdvantageExamples of First Movers that Were Subsequently Overtaken and Dominated
Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
Dominate PlayerGoogle
iTunes
Excel
Word
Internet Explorer
iPhone
Dell
Google Ad Sense
Flickr
Comcast & Verizon
Xbox
Myth of First Mover AdvantageExamples of First Movers that Were Subsequently Overtaken and Dominated
Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
First Movers Dominate PlayerAltaVista Google
Napster iTunes
VisiCalc Lotus 123 Excel
Word Perfect Word
Netscape Internet Explorer
Apple Newton Palm Pilot Blackberry iPhone
IBM PC Compaq Dell
Double Click Google Ad Sense
Ofoto Flickr
Compuserve AOL @Home Comcast & Verizon
Nintendo Xbox
Friendster Facebook
Risk-Adverse Industry…Gaming is a HIGHLY regulated industry
…with Suspect Journalistic CoverageIt happens to the best of them
Old Vulcan ProverbI founded mobile app development company targeting casino operators
5 Step Process or:How I Learned to Stop Worrying and Love the Mobile App
1. Write down undeniable facts about the industry
2. Envision what the future should look like
3. Devise method to transition from today to tomorrow
4. Demonstrate arbitrage
5. Why you and not someone else?
5 Step Process or:How I Learned to Stop Worrying and Love the Mobile App
1. Write down undeniable facts about the industry
2. Envision what the future should look like
3. Devise method to transition from today to tomorrow
4. Demonstrate arbitrage
5. Why you and not someone else?
5 Step Process or:How I Learned to Stop Worrying and Love the Mobile App
1. Write down undeniable facts about the industry
2. Envision what the future should look like
3. Devise method to transition from today to tomorrow
4. Demonstrate arbitrage
5. Why you and not someone else?
5 Step Process or:How I Learned to Stop Worrying and Love the Mobile App
1. Write down undeniable facts about the industry
2. Envision what the future should look like
3. Devise method to transition from today to tomorrow
4. Demonstrate arbitrage
5. Why you and not someone else?
5 Step Process or:How I Learned to Stop Worrying and Love the Mobile App
1. Write down undeniable facts about the industry
2. Envision what the future should look like
3. Devise method to transition from today to tomorrow
4. Demonstrate arbitrage
5. Why you and not someone else?