Konami Gaming increase slots development budget

Konami Gaming new releases
Konami Gaming is set to increase its spending on slots development

US-based slots developer Konami Gaming has announced that it has increased its spending on slot machine development in the North American market this week.

The news comes after Konami Corp’s gaming and systems division released its revenue figures for the 12 months up to 31st March, 2015 with net revenues of JPY33.8 billion, equivalent to $281.9 million or £181.1 million, at an increase of 7% compared to the same period last year.

However, it was also confirmed that income for the gaming and systems division had decreased due to further investment being put into the North American market with funds required for approval fees, personnel expenses, enhancement of services, and product development. Konami Corp operates in the North American market via its Konami Gaming brand,

Konami Gaming has enjoyed a successful start to life in the online slots market due to its working partnership that was agreed with GameAccount Network in September, 2013. This partnership deal has enabled the developer to transfer a range of top land-based titles to the online market.

A range of slots that have received huge acclaim in land-based casinos have already been launched online by Konami Gaming including the colourful Asian-themed China Shores slot and the stunning Treasure Voyage slot.

Gamingslots also reported on the double release of the popular African Diamond and Full Moon Diamond slots at the end of last year. African Diamond offers Action Stacked Symbols on its reels and Full Moon Diamond comes with the Konxion 4-5-4-5-4 reel layout. The increased investment in the North American market means that fans of Konami Gaming’s slots can expect even more titles to hit the market in the coming months.

A Konami statement read “In the North American market, the Podium video slot machine… continued to enjoy favourable sales, including introduction into the Central and South American market.”

The statement continued “Full-scale marketing is also in progress in Asia, Central and South America and Europe, where we are working on building distribution networks.”

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