Loop Insights (MTRX: TSXV) (RACMF: OTCQB) announced the signing of an LOI with All Net LLC to provide a custom technology stack that will power the All Net Resort and Arena Project.
What is the All Net Resort and Arena Project?
A new $USD 2.7 Billion entertainment venue in Las Vegas. A non-gaming, business and family-friendly destination that is situated in the heart of the strip and will include but is not limited to:
- 23,000 seat multi-purpose arena with a retractable roof
- 500-room 5 star, all suite luxury Spa Hotel
- 2,000-room hotel tower
- 250,000 sq. ft. convention center
- 350,000 sq. ft. food and retail plaza with exclusive retail shops
- World-class restaurants and nightclubs
- 2,500-seat dinner show room
- and more
At the core of the partnership will be Loop’s real-time AI data intelligence and digital wallet platform.
What did CEO Rob Anson have to say?
“The All Net Resort and Arena is going to be a truly revolutionary entertainment complex. The $2.7 billion project is situated on a 27-acre parcel just across from the Las Vegas Convention Center consisting of multiple world-class venues, the size and scope of which signals another big win for Loop in the sports and entertainment venue capital of the world. Partnering from the ground up means Loop will provide digital innovations and truly personalized visitor experiences that are second to none.”
The proposed partnership will strengthen Loop’s leadership position in the Venue Management, Data Analytics and Customer & Fan Engagement areas. The deal is expected to formalize before the end of June.
Sit back, relax and watch this powerful interview with Loop Insights CEO Rob Anson.
Tags: AI, Amazon, artificial intelligence, Big data, Bitcoin, covid19, engagement, internet of things, IOT, Tracing, venue management