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When a analysis paper titled “Introducing the Fun Economy” was launched in October of 2023, Andrew Cardno, co-founder and Chief Technology Officer of Quick Custom Intelligence (QCI), took greater than only a informal curiosity in its findings.
A visionary with huge data of the gaming trade and the expertise that drives it, Cardno was instantly captivated by realizing simply how the worldwide sectors of this new frontier encompassing tourism, sports activities, leisure, leisure, and hospitality utilized on to the evolution of on line casino resorts.
“The critical aspect of what is happening in gaming is that it has evolved from a casino industry into an entertainment industry,” Cardno stated. “When you think about what a casino was 20 years ago and imagine opening one like it today, it simply would not be competitive in the current market.”
QCI is on the forefront of investing within the so-called Fun Economy. The firm final month launched its Data Community platform in Australia. It connects venues, retailers, and vacation spot districts right into a single interoperable ecosystem. The platform allows real-time insights, personalised engagement, and seamless digital-to-physical experiences.
“Customers expect an integrated, digital experience,” Cardno stated. “That expectation is precisely what QCI is delivering.”
“Introducing the Fun Economy” was the results of joint analysis by the University of Nevada, Las Vegas, and Zero Labs. It revealed that the Fun Economy was 13.7 % of the world’s GDP, which was $100.7 trillion in 2022.
“The Fun Economy has doubled in the last five years,” Cardno stated. “It is growing at roughly $2 trillion annually and could represent an even larger share of the global economy in the years ahead.”
QCI Player is designed to help Fun Economy initiatives by a centralized digital platform. Its content material administration system allows real-time updates and configuration adjustments, whereas offering visitors with cellular entry to account data. Built on a safe, modular structure, the platform integrates with present property techniques, permitting operators to scale and adapt performance as wanted.
“QCI Player is, in reality, a customer-facing integration platform, but the customer-facing aspect is just the tip of the iceberg,” Cardno stated. “It touches each different side of the enterprise and brings all of it collectively. It has been an infinite improvement effort for us, and the demand has been substantial.
“We are notably sturdy at enabling completely different techniques to speak successfully with each other. The knowledge expertise have to be constant throughout platforms. There is great exercise surrounding this product.
“You will see a significant depth of new QCI product releases across a variety of areas. It is an exciting time for us.”
Cardno is seeing vital advances in Artificial Intelligence (AI) within the final six months, to the purpose, he stated, “AI models are now functioning like extremely capable agentic agents, or intelligent ‘creatures’ if you will. It is a bit unsettling.”
“We have three fully agentic development teams working on new products, teams that are not comprised of people rather AI,” he continued. “The acceleration of technology that is coming out of AI is remarkable. We are looking at productivity levels inside of QCI that have increased close to ten-fold. In another year or two it should be 50 to 100.”
Cardno is a modern-day ‘frontiersman’ within the AI discipline and says that along with Dr. Ralph Thomas, co-founder and Chief Executive Officer of QCI , “We are leading the way”.
“It is remarkable to consider that we are now operating at two orders of magnitude beyond what was possible just a year ago,” Cardno stated. “After decades in software engineering, I can fully appreciate the scale of the transformation underway.”
“All of the skills I learned about software engineering design and product management, you place AI in the middle of it and everything changes. What you are going to see is an enormous number of new products. We have announcements coming out about new releases in different areas that are extremely exciting.”
Cardno sees the Fun Economy as a fragmented market, observing, “There are two aspects about the entertainment space that are important to understand. The first is that casino resorts themselves are fragmented, and because of this, guests are coming to expect digital organization.”
Speculating precisely what the catalyst was for visitors of on line casino resort properties to achieve this stage of sophistication in what they count on within the enjoyable expertise, Cardno believes it’s a pure evolution, albeit an unplanned one.
“People like to do fun things, and they have been doing more and more of them,” he stated. “There are more choices, more entertainment options. We are spending more on entertainment, QCI is positioning itself to be prepared and ready. Fun is at the center of our business. We are a Fun Economy company.”
“Sports stadiums, parks, downtown city areas, and yes, casinos, all share the same characteristic of focusing on how we live and how we play. A world with more fun is going to be a good thing. We are in a fun industry. We should be feeling really excited about it.”
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