aLocal.ai, an AI-driven economic software company, has partnered with ARM Hospitality to launch aBets.ai, a new venture focused on providing analytics, capital strategies and management services to the gaming and hospitality industries.
The venture combines aLocal.ai’s proprietary economic engine with ARM Hospitality’s industry expertise and the partial acquisition of Epic Lodging Partners GP. The companies say aBets.ai will provide casino and hospitality operators, investors and government partners with data-driven insights into performance, player preferences and market demand.
“We are executing a growth strategy that extends our award-winning AI foundation into new, high-demand verticals,” said Eric S. Trevan, Ph.D., CEO and president of aLocal.ai. “With this partnership, we are changing how gaming and hospitality organizations make critical strategic decisions.”
Analytics and Management Services
aBets.ai will offer a range of services intended to help gaming and hospitality organizations evaluate markets, develop projects and manage properties.
Its services include:
- Market and Economic Intelligence: Economic impact studies and market analysis for new projects and existing gaming and hospitality markets.
- Capital and Development Support: Assistance with fund development, project expansion and asset repositioning.
- Property Management: Pre-opening planning and ongoing management services for casino and resort properties.
Frank Pracukowski, CEO and president of aBets.ai, will lead the new venture. Pracukowski brings experience with ARM Hospitality and 25 years of experience at Foxwoods Resort Casino.
“Drawing on my experience with ARM Hospitality and my 25 years at Foxwoods Resort Casino, I am thrilled to lead this venture,” Pracukowski said. “We are combining the most innovative AI technology with deep operational knowledge to help owners, operators, and public officials navigate complex decisions with precision.”
The new company is expected to formally unveil aBets.ai at the upcoming Global Gaming Expo (G2E) in Las Vegas.
The venture comes as gaming and hospitality companies increasingly turn to data analytics and artificial intelligence to evaluate markets, understand customer preferences and guide investment and operational decisions.
More information about aBets.ai is available at aBets.ai.
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