Konami Cover Feature GGB November 2008
Las Vegas, NV, November 1, 2008
Article from Form Global Gaming Business magazine - November 2008. Global Games 2008 - by Frank Legato
Konami Gaming on fast track to the elite club of slot manufacturers. Steve Sutherland calls it the "podium," and he wants his company, Konami Gaming, to stand on it. Standing with the gold would be nice, but the goal is at least the silver or bronze.
The podium refers to the top three spots among the ranks of the world's slot machine manufacturers. Earlier this decade, few observers would have given Konami a chance to join that elite club. Sutherland, the company's executive vice president and COO, says the odds of reaching the podium are better than at any time since the company entered the gaming industry.
Konami Gaming is suddenly the slot-maker to watch. After several years of comparatively flat results, the company's revenues have nearly doubled in the past two years. Rising sales of the company's K2V video slots have been augmented by what has become one of the hottest products in the industry, the Advantage 5 series of stepper products.
Rising game sales have been accompanied by a steady evolution of the Konami Casino Management System, or KCMS. Operators have lauded the solid engineering behind the system, which will launch a new module at G2E that can give casinos the capability to accurately gauge customer worth away from the casino itself.
At a time when some slot manufacturers are announcing layoffs and dealing with slumping stock prices, Konami is hitting its stride. The reason, if you ask the slot-maker's customers, is engineering?and more specifically, the K2V video and Advantage reel-spinning platforms.
Leah Steinhardt, Marketing Manager