{"id":60284,"date":"2017-10-06T14:00:35","date_gmt":"2017-10-06T21:00:35","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=60284"},"modified":"2017-10-09T11:23:56","modified_gmt":"2017-10-09T18:23:56","slug":"magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/","title":{"rendered":"Magic Johnson Addresses G2E on SportsBetting: \u2018The Narrative is Changing\u2019"},"content":{"rendered":"

Basketball legend and Los Angeles Lakers co-owner \u201cMagic\u201d Johnson stopped just short of directly endorsing legalized sports betting<\/a> during his keynote address on the final day of the Global Gaming Expo in Las Vegas, but he acknowledged that the \u201clandscape has changed\u201d and that this was a good thing.<\/p>\n

\"Magic
Magic Johnson addressed the Global Gaming Expo on Thursday. He believes Vegas\u2019 two major league sports franchises are \u201cgreat for the NFL and it\u2019s great for the NHL and great for the fans.\u201d (Image: CDC Gaming Reports)<\/figcaption><\/figure>\n

Johnson addressed the assembled gaming industry representatives on the subject of his transition from sports athlete to business executive, and stuck around afterwards for a public discussion with American Gaming Association CEO Geoff Freeman on the future of sports betting in the US.<\/p>\n

The NBA Hall of Famer praised the emergence of Las Vegas\u2019s two new sports franchises, the Raiders and the Golden Knights, something that could not have happened when he was a player, he said.<\/p>\n

\u201cAll These Regulations Will Change\u201d<\/strong><\/h2>\n

\u201cRemember all of the sports leagues were saying we\u2019re staying away from Las Vegas and no way,\u201d Johnson said. \u201cThe whole thing of betting and this and that, and they wanted us to stay away from all of that. Now you have two teams coming to this great city, and the fans want it.<\/p>\n

\u201cIt\u2019s great for the NFL and it\u2019s great for the NHL and great for the fans,\u201d he added. \u201cThe narrative is changing. The landscape is changing. A lot of things are changing around Las Vegas \u2026 sports and the major leagues. I think you are going to see it moving towards something really good for all of us. All these regulations will change.\u201d<\/p>\n

Johnson also praised the emergence of commercial relationships between sports teams and casinos, such as the Lakers\u2019 with MGM, a development that was \u201cgreat for everybody,\u201d he said.<\/p>\n

\u201cIt has changed a lot,\u201d he added. \u201cBefore it was, \u2018Nope, you can\u2019t do it. It\u2019s bad for the image and bad for everybody.\u2019 Now, you\u2019re seeing sports teams having relationships with casinos and vice versa. It\u2019s a way for everybody to win.\u201d<\/strong><\/p><\/blockquote>\n

NBA<\/a> commissioner Adam Silver has professed himself to be open to the idea of legal, regulated sports betting in the US and Freeman noted that the AGA was working closely with Silver as it campaigns for a change in the law.<\/p>\n

Monetizing Esports<\/strong><\/h2>\n

Other highlights from the final day of the world\u2019s biggest gaming expo included a panel session on skill-gaming, as well as a session entitled \u201cEsports: The Five Biggest Challenges in Monetizing Esports in a Casino Resort.\u201d<\/p>\n

Everyone knows that esports will play a big future in the casino industry but the question is, how do you actually make money from it?<\/p>\n

Speaker Blaine Graboyes, of GameCo, suggested the answer lies in specialization. Different esports game communities have different preferences and spending habits, which means casinos should specialize in specific esports that best fits their overall demographic, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Basketball legend and Los Angeles Lakers co-owner \u201cMagic\u201d Johnson stopped just short of directly endorsing legalized sports betting during his keynote address on the final day of the Global Gaming Expo in Las Vegas, but he acknowledged that the \u201clandscape has changed\u201d and that this was a good thing. Johnson addressed the assembled gaming industry […]<\/p>\n","protected":false},"author":42,"featured_media":60302,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[],"acf":[],"yoast_head":"\nMagic Johnson Addresses G2E on SportsBetting: \u2018The Narrative is Changing\u2019<\/title>\n<meta name=\"description\" content=\"NBA and Lakers legend Magic Johnson talks sports betting at G2E and praises the change in the landscape.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magic Johnson Addresses G2E on SportsBetting: \u2018The Narrative is Changing\u2019\" \/>\n<meta property=\"og:description\" content=\"NBA and Lakers legend Magic Johnson talks sports betting at G2E and praises the change in the landscape.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-06T21:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-09T18:23:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/Honeyview_Magic-Johnson-320x320-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"320\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/\",\"url\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/\",\"name\":\"Magic Johnson Addresses G2E on SportsBetting: \u2018The Narrative is Changing\u2019\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/Honeyview_Magic-Johnson-320x320-1.jpg\",\"datePublished\":\"2017-10-06T21:00:35+00:00\",\"dateModified\":\"2017-10-09T18:23:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"NBA and Lakers legend Magic Johnson talks sports betting at G2E and praises the change in the landscape.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/magic-johnson-addresses-g2e-on-sportsbetting-the-narrative-is-changing\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/Honeyview_Magic-Johnson-320x320-1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/10\/Honeyview_Magic-Johnson-320x320-1.jpg\",\"width\":320,\"height\":320,\"caption\":\"Magic Johnson addressed the Global Gaming Expo on Thursday. 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