Read this article about Caesars Entertainment, one of our finalists, in the category Best Operational Excellence Project under 90 Days Category, selected by the independent judging panel, for the 2019 Business Transformation & Operational Excellence Industry Awards program. Click here to read articles on other finalists.
On October 28, 1992 the Professional and Amateur Sports Protection Act (PASPA) was signed into law by President George H.W. Bush. While sports betting was already illegal, PASPA banned states from regulating and taxing sports betting. Roughly 25 years later, on May 14, 2018 the U.S. Supreme Court repealed this law allowing states to establish their own regulations on sports betting.
With an aggressive implementation timeline, numerous regulatory hurdles, and several tracks of work that required a high-level of engagement from over 150 stakeholders Caesars Entertainment launched its first retail sports book in New Jersey approximately 77 days after the May 14, 2018 decision.
Market sizing analysis predicts that the overall sports betting opportunity in the US is estimated to be $11 Billion. This assumes that all 50 states legalize sports betting similar to Nevada (with both casinos and mobile products offering sports betting). New Jersey, with a projected market size of ~$390M and Mississippi (planning to legalize at casinos only)
According to playusa.com “Caesars Entertainment isn’t just seeing direct revenue from sports betting. The increased number of casino guests is affecting food and beverage sales. Adjacent outlets to sportsbooks such as restaurants and bars experienced a 10 to 20 percent increase in business.”
The Business Transformation & Operational Excellence Awards have been established to showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs. Click here to view the Press Release.
The winners for all categories and for The Platinum Awards will be announced at The Business Transformation & Operational Excellence Summit & Industry Awards on Wednesday March 20th, 2019, from 6.30pm, in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando Resort®.
The Business Transformation & Operational Excellence Awards are open to all organizations, both private and public sector, across the globe, which have implemented Operational Excellence programs to deliver outstanding business results.
The 2019 Awards will be held in conjunction with the Business Transformation & Operational Excellence World Summit on March 20, 2019 in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando™
BTOES is the industry’s biggest and best, senior-level, cross-industry gathering of Business Transformation & Operational Excellence industry leaders and senior executives.
It also hosts the Business Transformation & Operational Excellence Awards, which showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs.
The summits hosts a number of private forums for C-Level & Global corporate-level leaders as well as business unit heads.
With over 150 speakers, over 100 sessions, 12 Keynotes, 9 Track Themes, 5 parallel tracks, 60+ track sessions, 50 roundtable discussions, 20 Interactive Workshops, 6 Thought Leader Panels, 5 Leaders Boardrooms, 5 co-located events, the Industry Awards Program, Site Visits, 20+ hours of social networking including 2 gala cocktail parties, dinners, numerous group activities, this is the ultimate event to benchmark, network and drive Operational Excellence to the next level.
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There is a strong focus on Cultural Transformation, Customer Delight, Sustaining an Operational Excellence program, Need for end-to-end Business Transformation, Keeping up with new technologies/impact of digitalization and Leadership Buy-in & Understanding. We dedicated two tracks to advanced technologies, such as AI, Machine Learning, RPA, Predictive Analytics, Blockchain, Cloud infrastructure etc.
The agenda is designed to encourage active meaningful conversations though all day enhanced networking and interaction opportunities, including
All-day Refreshment & Themed Breaks
1¼ Hour Hot Breakfast Networking Sessions
1½ Hour Hot Plated Networking Lunches with Topic & Industry Sector focussed tables
1½ Hour Roundtable Sessions by Topic & Industry Sector.
Keynote & Themes Panel Sessions
Hosted Welcome Receptions from 5.30pm
Expanded more lavish Awards Program
Newly launched Night Summit for attendees to meet after dinner
For more information or to discuss the summit in more detail please schedule a call below,
Click here to schedule a call.