Konami Gaming Records 6.2% Revenue Growth in April-December 2018 Period

Konami’s Gaming & Systems Division recorded 6.2% year-on-year revenue growth in the April-December 2018 period, according to figures released by the company on Thursday.

“The gaming market is continuing to see growth with the worldwide development and opening of new casino facilities and integrated resorts (IR) which include casinos.” Konami’s report financial explained, adding, “measures to revitalize the industry were implemented mainly targeting young people, including the introduction of slot machines designed to reflect players’ skill levels, which allow them to increase their chances at winning.”

In all, the division recorded more than 21.9 billion yen (about US$200 million) in revenue during the nine-month period, and nearly 3.1 billion yen (about US$28.4 million) in profits.

The company as a whole also did well in the period, recording a 7.8% year-on-year increase in revenues.

Naturally, Konami’s slot machine business is currently focused on international markets, but the company is being eyed as a potential IR consortium partner inside Japan, as well as a supplier of gaming and entertainment equipment. (AGB Nippon)