Supplier predicts e-tables the future trend in casinos

2 MG_0756When designing their gaming floors, some gaming operators may not leave much space for slot machines and electronic tables, but these are now becoming a trend, with gaming table quotas and a rise in manpower shortages.
Speaking at the Macau Gaming Show (MGS), Mr Jay Chun, chairman of Paradise Entertainment, the biggest gaming equipment provider in Macau, told the media that “any company coming up with these products will be a success” in Macau.
“In the future, like in the US, all the electronic tables and gaming machines will be filling in the floor,” predicted Mr Chun. “Everybody understands that table care is an issue for the near future, so companies are looking for fully automatic e-tables with no personnel involved,” he explained.
Paradise has concentrated its provision of e-gaming and management systems in Macau, and is entering the US and Australian markets this year with its core product: Live Multiple Game (LMG) system.
The LMG system broadcasts live dealers to multiple terminals and supports multiple table betting on the same terminal. Mr Chun explained that such a product “helps the casinos reduce the labor cost, operating cost and increase the security level.”
“Any of these [aspects] will help Macau, because Macau has a shortage of labor,” he said. Furthermore, “it’s helpful for promoting responsible gambling,” as the minimum bet is lower than regular mass-gaming table games. As a result, it can help the gaming industry sustain itself by allowing gamblers’ betting to last longer in the games.
The chairman also revealed that the other focus of the company’s renovation is in cash-handling assistance, such as the chip vending machines and currency-exchange machines.
“That will make it much faster and easier to handle the cash with not much personnel involved. If the price is reasonable, this kind of product will be successful in Macau,” he said.
Paradise, with its subsidiary LT Game, is displaying several gaming and cash-handling technologies at the MGS. According to its investor relations manager, Mr Bryan Wu, all salesmen have reflected a satisfying sales volume on the first day.
During the next year, over sixty percent of the equipment provider’s trade volume will be generated in overseas markets, and its distribution protocols signed by US and Australian manufactorers.
Nevertheless, the chairman believes that “in the next five years, Macau will still be the center of Asian gaming.”
“I think the [revenue growth in] the VIP sector will still be slow, but the mass market will be stable,” he said. “If, in the near future, Macau has more hotel rooms, it will bring more visitors and they will stay one or two more nights, which will surely increase revenue,” he explained, adding that the completion of the Delta Bridge in 2016 will be another revenue driver for the territory. BY

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