Daily Newsletter

08 August 2023

Daily Newsletter

08 August 2023

Del Taco opens first casino location in Las Vegas, US

The restaurant chain brings two new restaurants to Circus Circus and Excalibur Hotel Casinos.

Umesh Ellichipuram August 08 2023

US-based Mexican quick service restaurant Del Taco has expanded its footprint in Las Vegas by opening its first location in Circus Circus Hotel Casino.

The second location is scheduled to open in the near future at the Excalibur Hotel Casino, located at 3850 S Las Vegas Boulevard.

The restaurant company stated that the two locations will be opened by the franchise group Feel Good Brands.

It added that it will be the first time a Del Taco Fresh Flex layout will open in a casino setting.

Feel Good Brands founder and CEO Lincoln Spoor said: “We are thrilled to bring the iconic Del Taco brand to the equally iconic Circus Circus and Excalibur Casinos.

“The two stores provide guests access to a quality, convenient option to satisfy their late-night, early-morning cravings and everything in between.

“We know our guests work up an appetite while exploring the ‘always on’ atmosphere of the Las Vegas Strip. Del Taco’s commitment to using high-quality, fresh ingredients to create a convenient, hearty meal remains at the heart of this partnership.”

Both Del Taco stores are located within the casino areas and feature the sleek, modernised design and bold colour palettes of a Fresh Flex layout.

The two locations will offer a wide range of menu items such as EPIC burritos, tacos, burgers and Del Taco’s crinkle-cut fries.

The Circus Circus and Excalibur locations also serve breakfast items for the early risers.

Generative AI remains an untapped potential across the consumer industry

GlobalData estimates the total AI market will be worth $909 billion in 2030, growing at a CAGR of 35.2% between 2022 and 2030. The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. AI can help companies operating in these sectors by significantly reducing costs and production times. In Nestlé's 2022 full-year results, the company announced a renewed focus on digitalization to drive growth. Financial and reputational pressures associated with supply chain disruptions and sustainability concerns are also driving interest in the digitalization of supply chains. Data science and ML are strong investments across all areas. However, the sectors cannot stop at AI-powered data analytics applications. They must also explore computer vision (CV), smart robots, AI sensors that automate manufacturing and distribution logistics, and generative AI tools that increase efficiency across corporate departments and customer service operations and enable innovation in product design. For the most part, the consumer goods, foodservice, and packaging sectors will not play a significant role in creating and developing AI hardware or platforms. Instead, these sectors will help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots. This adoption will be driven by the financial benefits and potential cost savings AI automation delivers across global supply chains.

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