Supply chain issues snarling slot machines’ path to casinos
Supply chain issues are snarling slot machines' path to casinos. Nevada's gaming equipment suppliers expect to have delivered more than 13,700 new slot machine to roughly 30 North American gaming projects by 2022. The industry is centered in Asia and supply chain problems have been a challenge. JCM Global, a provider of more of the bill validators used by the slotmachine industry, has seen chip shortages impact its business. The company is still shipping products daily. It is focused on meeting its gaming and casino customers' record demand.
Supply chain issues are snarling slot machines’ path to casinos. International Game Technology”s chief financial officer, Max Chiara, said on May 10 that supply chain delays cost the company some $30 million in profits in the first quarter. Light & Wonder‘s CFO Connie James said the issues were timing in nature. The company instituted a global supplyChain about 18 months ago. It has been able to drive some cost efficiencies. Jonas said that the supply issues for the casino industry are one of the overriding concerns for its recovery from the pandemic.
Supply chain issues are snarling slot machines' path to casinos. The biggest opening is the $500 million Sky River Casino near Sacramento. 20 of Legends Bay Casino's 660 slot machine will be on backorder because of supply chain problems. Century Gaming's delay for certain components increased from 30 to 60 days to 90 to 120 days. It's hitting Century routes and Grand Vision. it’s hitting both in their Century route and in GrandVision. the company”s slotmachine development division. Olympia will add a similar product to the casino floor until the new games are ready.
Full House Resorts has secured slot machines it plans to use in Waukegan, Illinois, when its temporary casino opens. The location is next to where the company is building the American Place Casino, which is set to open in 2024. Bill validators are a big problem for the gaming industry. Everi Holdings has shipped new slot machine to casinos with a missing bill validator. Casinos prefer to have a single billvalidator, according to Eilers.