Avery Palos

Avery Palos

Senior Vice President and Global Chief Information Officer

Avery Palos, Senior Vice President and Global Chief Information Officer, Melco, discusses digital transformation in the integrated resorts industry...

Melco Resorts & Entertainment operates a suite of international integrated resorts, as Avery Palos, Senior Vice President and Global Chief Information Officer, explains: “The concept behind an integrated resort is a combination of hospitality, food and beverage, retail shopping, casino, entertainment and transportation. We've got operations in Macau, the Philippines and Cyprus with physical operating licenses to operate and manage casino facilities, and then we've got offices in Japan and are headquartered in Hong Kong.”

As a company of only around 20 years of age, it retains a dynamism that Palos believes makes IT’s mission easier. “It's a fairly young company and so is the management which has helped us to achieve a digital transformation. A lot of the battles tend to be not about the technology, but more about change management and people's perceptions of how they work. In a much more mature organization, sometimes that’s a much harder battle.”

Emerging technologies play a significant role at the organisation. “We spend a lot of our time looking at how we can apply those kinds of technologies into our operations,” says Palos. “We're probably one of the first casino operators that actually has five operating blockchains in production.” One example is a blockchain used in the casino’s cage, to track all transactions for gambling activity. Prototypes for use in japan, meanwhile, use blockchain as a mechanism for keeping data on those using the casino, such as winnings and how long they’ve been inside. “We’re actually planning on building a consortium using blockchain in Japan to share that information with both the regulator and other casino operators, because there's a social mandate for it in the country,” says Palos.

AI and machine learning are another key focus, such as video analytics to analyse casino chips as they sit on a table and determine their colour and how many there are in order to understand how much money is in the game - replacing human observers who are unable to keep up with the amount of activity. “We also use a lot of facial recognition, as you can imagine,” says Palos. “To identify people who've been barred from the casino, and so on. We’re also starting to build out algorithms for dynamic offers and incentives. Say we just noticed that you won the jackpot. Let's send you a bottle of champagne and make you an offer of a free hotel room so that you'll come back and spend some more money next time.”

Palos is clear that such initiatives mean the future is bright for the company, with a current focus on acquiring licenses for new jurisdictions in Japan, such as Yokohama. “As we continue to apply digital to that journey, it makes us a quicker, faster, sharper operator, which again helps to parlay things like revenue opportunities and new licensing opportunities in order to beat our competitors. Our CEO has said that he believes that digital is the way out of this problem. If COVID can't be resolved tomorrow, which nobody thinks it will, the only way forward is digital - which is why building a digital presence is so important.”

Read the full story HERE 

Share
Share
Author

Featured Interviews

Featured

Arnaud Langer

Global Managing Partner - Edge & IoT at Atos

Arnaud Langer, Global Managing Partner - Edge & IoT for Atos, on how Strategic Data use is Driving Business Success in the IoT and big Data Landscapes

Read More

Garrett Olson

Wolt’s Head of Insurance and Risk

Technology company Wolt’s Head of Insurance and Risk Garrett Olson explains the insurance needs of Wolt’s 180,000+ courier partners

Read More
We’ve built some unique features into our insurance program specifically because we’ve listened to courier partners in every country
Garrett Olson
Wolt’s Head of Insurance and Risk

Kate Maxwell

Chief Technology Officer for Microsoft’s Worldwide Defense and Intelligence Industry

As the global landscape evolves at an unprecedented pace, Microsoft is helping defence and intelligence clients with game-changing capabilities

Read More

Ashley Naughton

Automotive Logistics Director at McLaren

McLaren Automotive Logistics Director Ashley Naughton on why the company is a perfect match for his skills and passions

Read More

Brigadier Stefan Crossfield

Head of Information Exploitation, Chief Data Officer, Principal AI Officer at British Army

Head of Information Exploitation, Chief Data Officer, Principal AI Officer, British Army

Read More

Arnaud Langer

Global Managing Partner - Edge & IoT at Atos

Arnaud Langer, Global Managing Partner - Edge & IoT for Atos, on how Strategic Data use is Driving Business Success in the IoT and big Data Landscapes

Read More