Slot machine sales development

November 29, 2011

The slot machine manufacturers at the lead did not skimp on promoting the new games as well as technology. Celebrities, attractive dancers and many other means have been deployed along the Sands Expo and Convention Center’s trade show floor after drawing some potential slot machine buyers into the booths of the game developers.

In the last few years, the gaming equipment sector has meet some serious declining revenues. New games sales hit all-time lows after operators of the casino have cut back their purchases of gambling equipment in order to reduce the costs.

The International Game Technology along with Bally Technologies as well as WMS Industries haven’t slow the new products development.

Jefferies and Co. gaming analyst, David Katz, affirmed that the slot machine companies took different approaches toward research-and-development spending.

There is only one thing known for sure said David Katz. The casino operators will not change their spending habits in the next years. He told investors that the new slot machines demand is going to be focused on any casino opening, like the 4 Ohio properties.

He went back to 2004 in order to compile an historical perspective that will compare the percentage of total revenues IGT along with Bally as well as WMS that have been spent on research and also on development activities.

IGT and Bally are known to have allocated about 10% of the companies’ revenues for research as well as development activities.

David Katz also said “recalibrated its model” two year ago and last year while he managed research and also development and capital expenditures at some constant levels.
Precisely, the company today seems to generate more and more positive results, as David affirmed.

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