In a news release, Loop Insights Inc. (MTRX:TSX.V) announced "the launch of its contact tracing platform in Nevada with two of Grupo Anderson's flagship restaurants in Las Vegas, Senor Frog's and Carlos'n Charlies."
The company stated that its entry into the Las Vegas market with a globally recognized hospitality company confirms and supports its wider plans for global adoption of its contact tracing solution. The firm is optimistic that working closely with Grupo Anderson in Las Vegas will help pave the way forward for expansion into that company's other locations in popular tourist destinations including the Caribbean, Mexico and Spain.
Rob Anson, CEO of Loop Insights commented, "Las Vegas is a clear global leader in critical billion-dollar industries related to hospitality, gaming, sports & entertainment, and tourism...it is a major priority for Loop to help these Nevada industries and demonstrate to the world what is possible. Our discussions with casino operators, conference centers, university campuses, stadium operators, and professional sports teams are now being fast tracked because our automated contact tracing solution is highly adoptable, easy to use, accurate, secure, and can connect with other Covid-19 technology. Launching with recognizable brands, such as Senor Frog's and Carlos'n Charlies, secures our leadership position in moving forward with other Las Vegas venues."
Omar Licon Schmitt, USA director of operations at Senor Frog's, remarked, "Covid-19 certainly threw Las Vegas a curveball, and all industries need to pivot to both reopen and remain open. Adopting proper safety measures is a top priority for all in order to ensure both staff and customers to feel safe. Loop's ability to securely capture names and phone numbers with one tap of the mobile device is impressive and something we haven't seen on the market to date. We see this automated solution being adopted Vegas-wide, and we look forward to building a safe community together."
The company indicated it is accelerating its efforts to implement its contact tracing platform in Las Vegas as pressure is mounting to create and employ solutions to protect the city's multibillion dollar economy. The firm noted that "its solution integrates its Fobi technology with mobile wallet pass technology to create a platform that is proven, reliable, and highly scalable to support large adoption rates on any existing infrastructure."
"Government officials and business owners are aware that a second wave is a major potential threat. Implementing best practice protocols will help instill confidence, keep all stakeholders safe, and ensure Las Vegas remains open and revive its economy," the company stated.
The firm pointed out that as Las Vegas historically hosts nearly 50 million visitors each year generating $58 billion in annual tourism revenue, the opportunity to keep people safe and businesses open is massive. The company stated that time is of the essence since tourism has dropped off dramatically and other businesses have been closed for most of this year. Loop believes that its strength lies with its speed to scale which will support accelerated revenue streams for the company including onboarding fees per location, active user fees and monthly Software as a Service fees.
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