QTech Games saying gaming turnover in Asia more than doubled in August and rose 120 percent in September, beating analysts’ projections.
The gains have been helped by QTech’s new partnership model for European operators looking to secure a foothold in the Asian market. QTech offers to operate the Asian side of the business, housing operator staff or managing localised customer-service needs.
“We’ve long witnessed an emerging trend whereby European operators feel a pressing urgency to establish a presence in Asia,” said QTech CEO, Markus Nasholm. “However, they encounter obstacles to entry – from regulatory and business reasons to specific market know-how across Asia’s patchwork quilt.”
“Outsourcing customer service and admin has been a staple in all other industries for the past 20 years or more, and QTech has now applied the process to igaming.”
“If you are not present in rapidly developing markets such as China, India, and Japan, you’re missing a box of tricks. The volumes here are megalithic and appear to maintain growth in double-digit (even triple-digit) increments year-on-year. This pattern is established – you can either resist it, or embrace it.”
Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.