Konami noted that the sector dedicated to selling systems and games, including hardware for the casino segment, recorded an increase of over 49% in the 9 months to December 31, 2022.
The turnover in the sector of systems and games exceeded USD 216 million, which was an excellent result considering the previous year’s figures. The Japanese company gained almost 30 million USD in the entertainment department solely, nearly 54% compared to 2021.
The Games and Systems Division of the Corporation
Several activities are included in this branch of the enormous company:
- The supply of slot machines for casinos.
- Production of management systems for gambling halls.
Konami's games are also represented outside the borders of Japan. For example, it has subsidiaries in Australia and the United States.
The Return to the Pre-Covid 19 Results
According to Konami Holding representatives, there are still problems in some countries, but overall, the global gambling market is showing signs of a rapid recovery.
The spokesperson for the big Japanese giant also added that profitability has improved as the team has taken several beneficial initiatives to bring about price reductions. All this happened despite the problems and difficulties that caused disruptions in the global supply chain in 2022.
More on Konami's Growth
For many years, the company has also been active in the field of mobile gambling, as well as pachinko games and sports betting.
The turnover of this branch of the company has seen a minor increase:
- The growth recorded was 5.5% compared to 2021.
- Revenues reached over 1.7 billion USD.
According to the company spokesman, the revenue grew due to the launches of various products in 2022 and the depreciation of the yen.
The negative factors, however, were also present. In particular, company professionals report:
- rising energy prices;
- growing costs due to product launches and advertising.
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