Loop Insights launches contact tracing platform in Las Vegas with global hospitality company

Loop Insights launches contact tracing platform in Las Vegas with global hospitality company

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Loop Insights Inc (CVE:MTRX) (OCTMKTS:VRZPF), a provider of contactless solutions and artificial intelligence to drive marketing, revealed on Thursday that it will launch its contact tracing platform in Nevada with two of Grupo Anderson's flagship Las Vegas restaurants, Senor Frog's and Carlos'n Charlies. The Vancouver-based technology company said the Vegas entry supports its broader push for global adoption. In addition to possible expansion into Grupo Anderson's other locations in Mexico, the Caribbean, and Spain, Loop is gaining traction with large projects in Canada, Australia, the UK, and Indonesia. Loop launched an automated contact tracing platform in June to support coronavirus (COVID-19) pandemic government mandates that require business owners to collect and store customer contact information for a 30-day period. READ: Loop Insights sees strong international interest for its contact tracing solution which supports coronavirus government mandates In addition, Loop’s contactless 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. In a statement, Loop Insights CEO Rob Anson said: “Las Vegas is a clear global leader in critical billion-dollar industries related to hospitality, gaming, sports, entertainment and tourism. During these uncertain times, companies and cities around the world are looking to Las Vegas for direction on solutions; it is a major priority for Loop to help these Nevada industries and demonstrate to the world what is possible.” He added: “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.” Anson said launching with “recognizable brands” such as Senor Frog's and Carlos'n Charlies, secures Loop’s “leadership position” in moving forward with other Vegas venues. Senor Frog's USA Director of Operations, Omar Licon Schmitt said the coronavirus pandemic 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,” added Schmitt. “We see this automated solution being adopted Vegas-wide, and we look forward to building a safe community together.” Loop said the scope of opportunity to “keep people safe and businesses open is massive,” as Las Vegas hosts just under 50 million visitors and generates $58 billion in annual tourism. With tourism and other revenue-generating industries being closed for most of the year, “time is of the essence,” said the company. Loop said its “speed to scale" supports "accelerated revenue streams" for the company, including “onboarding fees per location, monthly software-as-a service (SaaS) fees, and active user fees.” Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive

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