Extended periods of quarantine around the world drove huge numbers of consumers online and changed the way many industries operate. The resort and gaming industry was particularly impacted. As customers return to brick-and-mortar resorts, they are now expecting many of the digital experiences to which they’d become accustomed.
Resorts are also innovating when it comes to super-apps, wearables, augmented reality, virtual reality and other game-changing technology. Within these digital innovations, payments are likely to
play a role, enabling fast, frictionless transactions and enhancing the user experience. They are also likely to enable resorts to build new ecosystems for merchants and third-party sellers, fueling both consumer benefit and business growth and innovation.
This white paper explores how resort and gaming operators are bolstering in-person experiences with digital elements at every stage of the guest journey, from pre-engagement to arrivals and check-in to self-created loyalty-driven hospitality experiences and even gaming.
Extended periods of quarantine around the world drove huge numbers of consumers online and changed the way many industries operate. The resort and gaming industry was particularly impacted. As customers return to brick-and-mortar resorts, they are now expecting many of the digital experiences to which they’d become accustomed.
Resorts are also innovating when it comes to super-apps, wearables, augmented reality, virtual reality and other game-changing technology. Within these digital innovations, payments are likely to play a role, enabling fast, frictionless transactions and enhancing the user experience. They are also likely to enable resorts to build new ecosystems for merchants and third-party sellers, fueling both consumer benefit and business growth and innovation.
This white paper explores how resort and gaming operators are bolstering in-person experiences with digital elements at every stage of the guest journey, from pre-engagement to arrivals and check-in to self-created loyalty-driven hospitality experiences and even gaming.
A wearable could be synched with a guest’s preferred payment method, allowing them to easily transact anywhere in the resort. Beyond its functional purpose, a wearable could also create fashion opportunities. Visitors could choose between a few design options to coordinate with their preferred style.
A wearable could be synched with a guest’s preferred payment method, allowing them to easily transact anywhere in the resort. Beyond its functional purpose, a wearable could also create fashion opportunities. Visitors could choose between a few design options to coordinate with their preferred style.
JPM Wearable
[MUSIC PLAYING]
With the world already at our fingertips, imagine if we could be more fluid, more secure, and even more personalized. Empowering customers to live fully in the moment with a digital wallet that allows them to move across experiences seamlessly, intelligently. Where extraordinary technology enables easier ways to pay.
With responsibility at the forefront, we are unlocking a full customer ecosystem benefiting merchants and their guests.
The future of resorts gaming and entertainment is closer than you think. So imagine when we push beyond today's world together and embark on what's next for tomorrow.
Resorts and gaming operators could develop advanced super-apps that create a frictionless end-to-end journey for their guests. These apps could integrate multiple different services allowing customers to customize and personalize their experience ahead of time. They also typically include embedded payments so transactions can be made simply and quickly with a swipe or a tap.
Confirm digital identity
Tip easily
Track loyalty
Function meets fashion
No queues
Preset the thermostat
Unlock the door
Access the room safe
The resort super-app could be part of an enhanced arrival experience. It could be used to automatically check-in the guest and be used as a digital identifier and digital room key. Some resorts may even make high-end wearables to add an extra layer of convenience and functionality.
With a super-app or wearable that is integrated with contactless payments, guests could seamlessly transact across the entire resort. They could book and gain access to a multitude of facilities and pay for any services, drinks or food they enjoy, all while benefiting from rewards, loyalty points and personalized experiences.
Make reservations
Order food delivery
Pay at retail
Access entertainment spaces
Manage funds
Game responsibly
Table games, slots and sports betting
Transfer funds across physical and digital
As the physical and digital worlds converge on the casino floor, guests could play any game without the need for cash or chips. They could also seamlessly switch between in-person and online gaming, using the same digital account and payments capability.
A wearable can serve as a digital room key, an identifier and allow access across many resort experiences. It could also create fashion opportunities for visitors.
of high-spenders (approx.) would like to see digital payments on the casino floor - AGA1
Payments technology will support the next generation of innovation in the resorts, gaming and entertainment sector. At J.P. Morgan, we offer a comprehensive, end-to-end set of solutions and technologies across payments, payouts, liquidity and treasury.
Footnotes
1 American Gaming Association, October 2021. 'Payments Modernization in the U.S. Casino Industry: Research Insights.'' Accessed July 2022.