Interview with Rick Meitzler, CEO of Novomatic Americas

Jul 13, 2024

Interview with Rick Meitzler, CEO of Novomatic Americas

G2E 2022 Las Vegas Show

  • Importance of G2E
    • Two key shows: London Show and G2E
    • G2E focuses on North American market, London for European market
    • Different gaming styles between US and Europe
    • Showcase portfolio specific to North America
    • Strong presence and large investment in G2E

Success of G2E 2022

  • Rick's industry experience of 45 years
  • Pre-COVID momentum being regained
  • High booth traffic resembling pre-COVID times
  • Significant attendance and engagement

Key Markets and Expansion

  • Two Business Segments
    • European street market dominance
    • US BGT/VLT segment (e.g., Illinois)
      • 43,000 street machines in Illinois over 10 years
      • Expansion into Georgia, West Virginia, Pennsylvania
  • Caribbean Markets
    • Street market style gaming in Caribbean and Puerto Rico
  • Casino Market
    • Competitive market with numerous vendors
    • Focus on innovative products to compete
    • Notable products: Money Party, Thunder Cash

Innovations in Slots and Electronic Table Games

  • Electronic Table Games
    • Simultaneous betting on multiple games (craps, baccarat, blackjack)
    • More live games and iGaming influences
  • System Innovations
    • Biometric systems (e.g., fingerprint-based payment and play)
    • Facial recognition for age verification and player tracking
  • Future Integration
    • Influence of iGaming on land-based games
    • Development of games that can seamlessly transition between platforms
    • Increased use of phones in gaming (e.g., for sports betting)

iGaming and Hybridization

  • Data Utilization
    • Extensive data collection from iGaming for land-based game development
  • Bricks to Clicks Strategy
    • Transition from physical sports betting to mobile platforms
    • Example: Plurious system allowing play continuity between phone and machines

Future Goals for Novomatic USA

  • Positioning and Growth
    • Aim to move up from 6th-7th position in US manufacturing
    • Target to break into the top 4 within 2-3 years
    • Strong company leadership and vision
    • Exciting times with expectations for success and expansion

Interview conducted with Rick Meitzler, CEO of Novomatic America.