Las Vegas is regarded as the center of innovation in the gaming industry, and a new course this fall at 51³Ô¹ÏºÚÁÏ will give students a chance to learn directly from local industry leaders what it takes to bring their gaming ideas to life.
The Dr. Mark Yoseloff Gaming Innovation Program, offered through the 51³Ô¹ÏºÚÁÏ Harrah Hotel College, will launch in August with a course on gaming commercialization. Undergraduate and graduate students will learn how to design technically advanced casino games for casinos and the Internet, walk through the patent process, develop business strategies and receive mentorship from top industry experts. The program is made possible through a $250,000 gift from the Yoseloff Family Charitable Foundation.
"Technology is driving the gaming industry like never before, and we want to give students the tools they need to succeed in an increasingly competitive field," said Yoseloff, a gaming industry leader and former CEO of SHFL Entertainment, Inc. "Gaming companies want more input from employees who understand the intersection of gaming with math, psychology, business and sociology, as it's these employees who will shape the future of the industry with an infusion of solid new ideas."
A competition will mark the end of each semester, where students will develop and present an invention or idea to be judged by Hotel College faculty and local industry representatives. The Yoseloff gift will fund cash prizes for the winners, and students with the most successful projects will get marketing and legal guidance to help them develop their products for the mainstream market.
As the program evolves, officials expect it will expand from a semester into a yearlong course with dedicated sections on innovation in entertainment, security and productivity.
"This program solidifies 51³Ô¹ÏºÚÁÏ's reputation as the leader in hospitality education by placing our students at the forefront of innovations in the gaming industry," said 51³Ô¹ÏºÚÁÏ President Neal Smatresk. "Our students will learn directly from top minds in the gaming industry and our International Gaming Institute, setting them up to become the innovators we need to maintain Las Vegas' role as the global intellectual capital for gaming."
Faculty in the Hotel College and its International Gaming Institute, along with Yoseloff, will teach the course through the college's gaming management concentration. Local industry and legal experts will participate as guest speakers. The program will be open to 20 undergraduate and graduate students from across all disciplines each semester.
"The Yoseloff program enhances 51³Ô¹ÏºÚÁÏ's gaming education offerings in an area of profound importance to the future of the gaming industry," said Bo Bernhard, executive director of the 51³Ô¹ÏºÚÁÏ International Gaming Institute. "In this field, content has always been king - but never has it been more important than it is today, with the proliferation of online, social gaming, and other platforms for gambling and gambling-related activities."
About Mark Yoseloff
Mark L. Yoseloff, Ph.D., former chairman and chief executive officer of SHFL Entertainment, Inc., oversaw the company's growth from a small, three-product company to an iconic, global provider of proprietary products for the gaming industry. During Yoseloff's tenure, the company was, as reported by the Wall Street Journal, ranked by the Patent Board as one of the 35 most innovative consumer electronics companies in the world. Its patent portfolio was ranked number one in the world as far as relevance to the company's industry. Yoseloff is also currently a member of the 51³Ô¹ÏºÚÁÏ Foundation Board of Trustees.