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Mobile May Be the Answer
but What is the Question?
Las Vegas Visitor Profile
Primary Purpose of Visit
Convention/Business
16%

Gambling
9%

Other
3%

Vacation/Special Event
72%

Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority
Las Vegas Visitor Profile
Average Trip Expenditures/Budget

Local Transport
Shopping

Food & Drink

Shows
$42.89

Sightseeing
$9.63

$57.77

$149.29

$265.11
Lodging

$307.33
Gambling

Non-Gaming 70%
Gaming

$348.98

Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority

30%
Myth of First Mover Advantage
Examples of First Movers that Were Subsequently Overtaken and Dominated
Dominate Player
Google
iTunes
Excel
Word
Internet Explorer
iPhone
Dell
Google Ad Sense
Flickr

Comcast & Verizon
Xbox
Facebook
Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
Myth of First Mover Advantage
Examples of First Movers that Were Subsequently Overtaken and Dominated
First Movers
AltaVista

Dominate Player
Google

Napster

iTunes

VisiCalc

Lotus 123

Excel

Word Perfect

Word

Netscape

Internet Explorer

Apple Newton

Palm Pilot

IBM PC

Blackberry

Compaq

iPhone
Dell

Double Click

Google Ad Sense

Ofoto

Flickr

Compuserve

AOL

@Home

Comcast & Verizon

Nintendo

Xbox

Friendster

Facebook

Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
Risk-Adverse Industry…
Gaming is a HIGHLY regulated industry
…with Suspect Journalistic Coverage
It happens to the best of them
Old Vulcan Proverb
I 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?

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Andy Choy

  • 1. Mobile May Be the Answer but What is the Question?
  • 2. Las Vegas Visitor Profile Primary Purpose of Visit Convention/Business 16% Gambling 9% Other 3% Vacation/Special Event 72% Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority
  • 3. Las Vegas Visitor Profile Average Trip Expenditures/Budget Local Transport Shopping Food & Drink Shows $42.89 Sightseeing $9.63 $57.77 $149.29 $265.11 Lodging $307.33 Gambling Non-Gaming 70% Gaming $348.98 Source: Las Vegas Visitor Profile Study 2012, Las Vegas Convention and Visitors Authority 30%
  • 4. Myth of First Mover Advantage Examples of First Movers that Were Subsequently Overtaken and Dominated Dominate Player Google iTunes Excel Word Internet Explorer iPhone Dell Google Ad Sense Flickr Comcast & Verizon Xbox Facebook Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
  • 5. Myth of First Mover Advantage Examples of First Movers that Were Subsequently Overtaken and Dominated First Movers AltaVista Dominate Player Google Napster iTunes VisiCalc Lotus 123 Excel Word Perfect Word Netscape Internet Explorer Apple Newton Palm Pilot IBM PC Blackberry Compaq iPhone Dell Double Click Google Ad Sense Ofoto Flickr Compuserve AOL @Home Comcast & Verizon Nintendo Xbox Friendster Facebook Source: Why Fast Followers Beat First Movers, Don Dingle (http://vator.tv/n/91a)
  • 6. Risk-Adverse Industry… Gaming is a HIGHLY regulated industry
  • 7. …with Suspect Journalistic Coverage It happens to the best of them
  • 8. Old Vulcan Proverb I founded mobile app development company targeting casino operators
  • 9. 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?
  • 10. 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?
  • 11. 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?
  • 12. 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?
  • 13. 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?