Categories: Business

UNLV, Caesars Partners to Build Casino-Hotel Education Hub t2f6t

Another new space with a casino, hotel rooms, a sportsbook as well as esports arena is headed to southwest Las Vegas. However, this is not just another resort. Caesars Entertainment has recently signed a partnership deal with the University of Nevada, Las Vegas (UNLV) to create a gaming and hospitality technology innovation space in the region. Dubbed “Black Fire Innovation”, the new partnership is set to bring the university and local state businesses together so as to test, develop and commercialize hospitality products and ideas. 5v731o

The 43,000-square-foot academic incubator space will be located with the university’s Harry Reid Research & Technology Park and is expected to open before the end of 2019. Once it goes live, the space will serve as a venue for propelling the gaming industry forward albeit in an educational setting where the main point of focus will be on gaming technology. As such, both students and researchers will be welcome to showcase their ideas and proposals to some of the most established gaming companies in the state.

“Black Fire Innovation has space you can really test out that idea and build the next prototype, or engage elbow to elbow with a corporation to move that (idea) forward to some type of life-changing product or services,” said Zach Miles, the university’s associate vice president for economic development.

Miles further added that once the 43,000-square-foot lab goes live, it is expected that a lot of inventions and ideas will be tested at the facility – hopefully, this will help the project to find its way mainstream. This might take a while but thanks to the partnership with leading industry operators such as Caesars Entertainment, we will see a lot of collaboration between the university staff, the students, researchers, the partners and startups which is what will then drive development in the gaming and hospitality industries. Caesars has already pledged to help in the provision of slot machines and table games to be used in the incubator.

Taking Gaming to the Next Level 5j5x2q

Other than the fact the collaboration is set to strengthen the University of Nevada, Las Vegas’s role as a research leader, it goes without saying that Las Vegas will also go up the ladder as a global intellectual capital for both gaming and hospitality. Since the students will have unparalleled access to industry experts, they will be able to not only bring their ideas to life but also receive great on how best to improve on them.

Some of the areas that are certainly going to benefit from the facility are emerging technologies key among them being artificial intelligence and the blockchain.

Alexander Palmer

Alex is really idealistic about poker and the industry. He believes that everyone who wants to be a pro can become one. He's also very ionate about teaching people how to play the game, what the best strategies are and ultimately how to balance between other meaningful activities and poker. You can say that Alex is a bit of life-and-poker guru, and it's this inherent charm of his that makes him such an important member of our team.

Recent Posts 33183r

What to Expect From iGaming in 2023 1r2y1n

As we get deeper into the year 2023, it's impossible not to feel enthusiastic about…

2 years ago

Super Group Acquires Digital Gaming Corporation 3z2v73

The company behind the Betway and Spin sportsbook brands, Super Group, announced in late 2022…

2 years ago

Gambling.com Group Debuts BetOhio.com in Readiness for Online Sports Betting Launch 1lj1b

On the heels of the announcement that online sports betting would be legalized in Ohio…

2 years ago

Nevada Gaming Commission Approves New Cybersecurity Regulation 646v2l

A new regulation aimed at bolstering the security of Nevada's casinos was given the green…

2 years ago

Gaming Innovation Group (GiG) has announced a partnership with a new casino named LuckyBet to…

2 years ago

On Friday, the Nevada Gaming Commission gave Hard Rock International the green light to purchase…

2 years ago