Konami Gaming Division Revenue Gaining Ground

Konami Holdings reported a 0.9% decline in revenue for the six month period of April to September 2019, despite a strong performance from its gaming and systems division.

Total revenue in the period was 121 billion yen (about US$1.1 billion), while profit declined 11.6% to 15.2 billion yen (about US$141 million).

However, revenue in the gaming division, which includes slot machines and casino management systems, gained 16.2% to 14.8 billion yen (about US$137 million). Segment profit was up 4.1% at 1.62 billion yen (about US$15 million).

“With respect to our slot machines, the sales of the new upright cabinet KX 43 continued to perform strongly,” Konami said in a statement.

The Tokyo-listed company said its Synkros casino management system continued to be introduced steadily into major casino operators, including casinos in large cruise ships in service around the world. (AGB)