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QTech Games sees Asian turnover soar in 3Q19

Newsdesk by Newsdesk
Thu 7 Nov 2019 at 07:15
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Asian-based games distributor QTech Games says it booked major growth through Asia in 3Q19, reporting a 105% year-on-year increase in Asian turnover in August and 120% improvement in September.

While actual figures weren’t provided, the company said the increases were in part due to the success of QTech Games’ new partnership model for European operators looking to secure a foothold in Asian.

QTech Games essentially provides the option to operate the Asian side of the business for European operators, housing staff or managing localized customer-service needs.

“These fantastic results didn’t happen overnight, they are the result of targeted planning and execution from our talented team,” said QTech Games CEO, Markus Nasholm. “It’s a wonderful validation of their combined hard work over this past year.

“We’ve long witnessed an emerging trend whereby European operators feel a pressing urgency to establish a presence in Asia. However, they encounter obstacles to entry – from regulatory and business reasons to specific market know-how across Asia’s patchwork quilt. Where once there were barriers, though, QTech Games is now building a bridge.

“Outsourcing customer service and admin has been a staple in all other industries for the past 20 years or more, and QTech has now applied the process to iGaming.

“With our extensive industry experience and expertise, we have been running a progressively successful platform business in Asia for years from an established and well-resourced headquarters in Manila.

“At QTech, our mission has always been reassuringly straightforward: to secure the best online (RNG) games in the world and distribute them to a burgeoning portfolio of global operators.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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