The number of electronic table game (ETG) seats in Asian casino markets is expected to grow by more than one-quarter over the next three years, according to a new report.
Union Gaming Securities Asia has been tracking the rise of ETG for the past five years, and its most recent report expects the current installed base of roughly 12k ETG seats will grow by nearly 3,100 over the next three years, with the potential for a further 2,500 seats in the years post-2018.
Demand for these new ETG seats will be driven in part by the four new integrated resorts scheduled to open in Macau by the end of 2017. The Macau market is expected to account for 1,800 of the new ETG seats, with most of the rest going to new casinos in Manila and South Korea, while Cambodia, Saipan and Russia’s Primorye gaming zone will soak up the excess.
Union Gaming says Hong Kong-listed gaming device maker Paradise Entertainment Ltd and its LT Game subsidiary would likely account for 37% of the new ETG seats, with a potential $23m revenue upside for the company.