Imagine inventing something that shapes the future of an ENTIRE industry. Craig Shacklett, URComped CEO, interviews AGA’s Gaming Hall of Famer, John Acres, Founder of Acres, to explore his remarkable journey in the casino industry. John began his groundbreaking career in the 70s and has since become a major innovator, holding over 250 patents. He founded multiple successful companies, including Acres Gaming, which was acquired for $143 million by IGT. Through this discussion, Shacklett and Acres delve into the Acres’ fascinating experiences and his game-changing inventions that shaped the casino industry into what it is today. 

Topics discussed:
– How John Acres got started in the casino industry
– John Acres’ first invention
– Who were the big names in the casino industry in the 1970’s
– Bringing new technology into casino operations
– How was tracking casino play invented
– How Progressive Jackpots were invented
– What was different about Steve Wynn
– How EDT got sold to IGT Gaming
– How Acres Gaming sold to IGT Gaming
-The evolution of Patents in the casino industry
– Using a Challenge offer instead of Freeplay
– Cashless Wagering
– Increasing the Casino Share of Wallet
– Ticket dispenser in slot machines
– The process of creating a company and selling

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In this Innovators Interview Series: The casino industry has massive amounts of hidden gems as you dig deeper. There are endless opportunities for innovations to improve this niche area and we are looking to unveil them. We're talking Marketing, Slot Software, Security, Hospitality, Finance, Entertainment, and more!