The casino-related arm of Konami Group saw a 60.1 percent drop in its profit during the first half of this year, compared to the same period of 2024, despite the company’s other segments recording upticks.
In total, the group saw JPY949 million ($6.16 million) in profit during the six-month period, ‘affected by the US tariff measures and customers’ reluctance in purchasing ahead of the upcoming new cabinet launch’.
The group likely refers to its new Solstice cabinet, which debuted at the Global Gaming Expo in Las Vegas in October.
During the same event, the group also marked the debut of Konami Online Interactive, ‘the third pillar in Konami Gaming’s business mix – alongside land-based casino games and systems’.
Total revenue for the group’s Gaming and Systems segment fell by 4.5 percent yearly during the six-month period, totaling JPY17.76 billion ($115.23 million).
The group notes that ‘in the gaming market, the North American and the Australian markets remained stable’ during the period. ‘The markets continue to experience the constant introduction of new products by competing slot machine manufacturers providing for new placement opportunities,’ it indicated in its results release on Thursday.
Looking ahead, the group notes that it will continue to develop new slot machines, gaming content and new features for the casino management system. ‘We will also expand our efforts in the Specialty Markets and iGaming,’ it indicated.
The group has also obtained a gaming-related vendor license in the UAE, which is set to see the opening of Wynn Al Marjan Island integrated resort in 2027. It also highlights that it will continue its ‘efforts to seize new market opportunities’.
