2006 Annual Meeting
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2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Good Things Happen When We All Pull Together 2006 Annual Meeting 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Agenda Welcome (9:00am – 10:00am) Antitrust Reminder Financial Report / Review 2006 Budget Achievements 2006 Keynote Speaker (9:20am – 9:40am) Tom Peck, SVP & CIO, MGM MIRAGE "The Impact of Standards on Operations" Member Recognition Closing Remarks 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Antitrust Reminder GSA has strict antitrust guidelines that its Board and members adhere to. A copy of the guidelines is included in the handouts. 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Membership Growth 80 76 70 70 Members 60 71 59 Gold 50 Silver 40 38 35 37 30 Others Total 22 20 10 Platinum 8 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 Year 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting 2006 Board Of Directors Chair Vice Chair Secretary Treasurer Lyle Bell Randy Hedrick Moti Vyas Fred Lychock Robert Marnell Ken Bossingham Mark Lipparelli Derrik Khoo Ken Weil Steve Sutherland Brendan O’Connor Don Karrer Tom Galanty Jon Berkley Rob Siemasko Seminole Tribe of Florida IGT Viejas Casino R. Franco USA Aristocrat Technologies Atronic Americas Bally Technologies E-Genting Harrah’s Entertainment Konami Gaming Multimedia Games Penn National Gaming Progressive Gaming TransAct Technologies WMS Gaming John Hilbert Bob McKenzie Tom Peck Ron Harris Future Logic MEI MGM Mirage Rocket Gaming Systems 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Financial Report Financials: 2006 Budget vs. 2005 Audited 2006 (budget) 2005 (audited) Revenues $1,902,640 $1,635,010 Expenses $1,882,882 $1,579,351 Retained Earnings $ 333,142 $ 323,384 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting 2006 Financials: Projection / Budget 2006 (projected) 2006 (budgeted) Revenues $2,103,440 $1,902,640 11% Expenses $2,002,987 $1,892,882 6% Retained Earnings $ 423,837 $ 333,142 27% 2006 - Year of Implementation and Value Creation! Variance 2006 Annual Meeting Expenditure Breakdown Technical Development 31% Operational 45% Training 8% Certification 6% Tradeshow and M eetings 4% 2006 - Year of Implementation and Value Creation! M arketing 6% 2006 Annual Meeting 2006 Achievements The Road to Open Standards Industry Support for G2S BOB/SSAS Integration (G2S) effort – since Oct 2005 there were 100+ meetings, 3 times a week, 31 industry experts, resulted into a 1200+ pages Revised GSA Patent Policy Old policy had strict penalty provision for non-disclosure > over disclosure Patents will be licensed under Reasonable Terms and Conditions Committee Charters have been updated to define scope Members must choose to ‘Opt-in’ to committee participation Only ‘Necessary Patents’ must be disclosed Board Strategic Focus GSA Staff and Member Volunteer Effort Technical Director hired - Marc McDermott (ex chief of the electronic services division of the state of NV Gaming Control Board) Total of 7,700+ hours of conference calls 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Technology G2S – Game To System Standard G2S v1.0 - December 2006 (Vote) Transport Standard Multicast v1.0 – Available NOW Point-to Point v1.0 – November 2006 (Comments) S2S - System to System Standard S2S v1.2 – Available NOW GDS - Gaming Device Standard Note Acceptor, Touch Screen, Printer, Page Description Language, Magnetic Card Reader - Available NOW Certification Profiles Development underway 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Implementation G2S Demonstrations of the standard by GSA members at G2E S2S Choctaw Casino Durant - Choctaw Tribe of Oklahoma Hard Rock Casino - Seminole Tribe of Florida Toolkits GSA encourages 3rd party toolkit developers International Community Australia: AGMMA recommends GSA’s G2S as the protocol standard for New South Wales Russia: Exploring the use of GSA’s GAT as a standard Regulations Nevada regulations for downloadable software facilitate G2S implementation 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Certification and Education Certification Development of On-line Certification Program GSA issues GSA SAS certificates The Open Group chosen as Certification Authority Education GSA provides grant of $900,000 to the UNLV Foundation Assistant Professors in Informatics are actively being recruited UNLV and GSA will develop academic / educational track on GSA standards and technology 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Tom Peck SVP & CIO - MGM MIRAGE "The Impact of Standards on Operations" GSA … The Right Thing to Do! G2S, S2S, GDS, Transport, … Reinvest Capital & Speed to Market “GSA Facilitates the Identification, Definition, Development, Promotion and Implementation of Open Standards to Enable Innovation, Education, and Communication for the Benefit of the Entire Industry.” Develop Bench of Talent; Supportability; SDKs Sharing of Data; Interoperability; Same “Language” 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting An Operator’s View 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting An Operator’s View Lost Sales Lost Marketing Higher Costs Ties up Capital 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting An Operator’s View Complexity Multiple Servers Extra Staff Ties up Resources Consumes Capital 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting An Operator’s View Lengthy Development … Testing … Regulatory Process = Hinders Agility & Speed 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Benefits of Standardization “The world is getting smaller … hardware, software, and content must move irrespective of boundaries & borders … the need for commonality and standards grows.” CEO of Major Technology Company What this also means to our guests … … the Las Vegas strip is getting “smaller” … technology, games, devices must be transparent … they want their games / options anytime, anywhere 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Benefits of Standardization • Data must be consistent, accurate, available and shared • Speed to market … differences sometimes paralyzes momentum • Faster migration paths … adapt to meet business needs / trends • Innovate … as technology moves forward, users get more benefit • Standards expand the marketplace … the pie gets bigger • Integrate the entire ecosystem … foster price competition … choose on value and end-to-end experience • Drives down TCO … allows for reinvestment • We want product-rich AND customer-centric • Draw professional service organizations in … integrators and ASPs 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Hospitality and Gaming 2010 • Brand is more powerful than location for hotel choice • Brand is driven by experience • Technology helps drive experiences … guests want consistency • Corporate brands are replaced by more specific brands • China, India and the Gulf Nations will add 1.4MM branded rooms • “Machines” are replacing employee-customer interactions • Customer segmentation … manage the multi-channel experience • Personas (goals, attitudes, behaviors) drive customer desires • Sell Experiences … NOT Products • Stop selling standalone devices … consumers want end-to-end control • Buying stand-alone products fails to capture downstream products, services and content 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Boundary less Partnership Operators Manufacturers Suppliers For the Good of All! 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting GSA 2007 / Recognition Our Focus in 2007 Certification Education Global Support 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Association Recognition GSA Members Atronic Systems – 5 Year Membership Fred Lychock – Longest Serving Board Member Christine Freytag – Project Manager Michelle Olesiejuk – Executive Director Jeana Hines – Technical Communication Consultant 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting Closing Remarks Q&A Our Platinum Members 2006 - Year of Implementation and Value Creation! 2006 Annual Meeting
