The emergence of skill-based slots and a better understanding of how to tailor machines to local markets is presenting manufacturers and operators with the opportunity to challenge the dominance of the table game in Asian casinos and attract a new type of player.
For many years it has been received wisdom that slot machines will only ever represent a drop in the ocean of Asian casino revenues. While slots bring in almost twice as much money as table games in Nevada, in Macau they account for around 4 percent of takings. There were 13,018 machines in Macau in 2014, down 22 percent on the 2012 high of 16,585 according to Statista, but up on the 11,856 recorded in 2008.
There are also signs slots are beginning to make a serious impact on the bottom line. Singapore’s Marina Bay Sands reported a Q2, 2015 slots handle of $3.06 billion, representing almost a...
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.