Konami Casino Division Returns to Profits
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Akihabara News (Tokyo) — Konami Holdings has reported that its Gaming & Systems division, which produces casino equipment, returned to profitability in the March-September period of this year.
The firm’s sales had been hit by the pandemic effect, largely because many casinos in the United States suspended their operations and so weren’t in the market to purchase new equipment.
However, a Konami statement explained that “as a result of the vaccine rollout in North America, some restrictions, including entrance restriction on casino facilities, were relaxed. In America, economic restrictions were almost completely lifted and the market is revitalizing.”
Slot machine production is one facet of Konami’s business, but it does particularly well with its Synkros casino management system, which makes more data-driven and efficient oversight of casino floors possible.
Konami is particularly celebrating that the major new Resorts World Las Vegas facility opted to install the Synkros system.
In sum, the Konami Gaming & Systems division’s business profit for the six-month period reached over ¥1.8 billion (US$16 million).
Casino gambling is illegal in Japan except within the framework of the Integrated Resorts (IRs) expected to open in the latter half of this decade, but Japanese companies like Konami, Sega Sammy, Aruze, and others have been casino equipment suppliers to overseas markets for many years.
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