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Financial 5 June Intralot suffers considerable revenue fall for Q1 Online 5 June Bet halts telephone betting. Konami's footprint in the world of video games grew to Godzilla-like proportions in the years that followed, with series including Metal Gear and Castlevania earning vast critical acclaim and selling by the millions. In light of these developments, it is perhaps understandable that fans of games such as Silent Hill and Metal Gear Solid might lament the emergence of the aforementioned pachinko machines. PR and Marketing ActiveWins. In-Depth 22 May The silver lining. Services Exefeed.{/INSERTKEYS}{/PARAGRAPH} Pachinko is a type of Japanese game more or less equivalent to the slot machines that line the halls of traditional casinos in Vegas. Based on its most recent set of results, it is fair to say that from a financial perspective, Konami's recent bout of refocusing is paying off. Legal and Jurisdictions Digital Isle of Man. In-Depth 20 May Working from home. Founded in under the name Konami Industry Co Ltd, the company initially positioned itself in arcade rooms up and down the globe, with its Teenage Mutant Ninja Turtles and Contra coin-ops sitting proudly among the most well-loved titles the in-cabinet style of video games has ever served up. However, these developments come as part of a concerted restructuring effort by Konami, to move away from big-budget console video-game development and towards mobile and casino gaming. Witnessing the branding of game series that include classics such as Silent Hill 2 and Metal Gear Solid 3 placed onto the machines as sequels were cancelled and Kojima displaced undoubtedly rankled. BET Affiliates. Sports Affiliate GG. A pachinko slot based on the classic survival horror series Silent Hill soon followed, debuting in August , while Metal Gear Solid 3: Snake Eater received similar treatment in a launch trailer for the new machine in June The initial response to these titles both on mainstream websites such as Youtube and in the video-gaming press was unfavourable to say the least. A veritable titan in the world of video game publishing and development, Konami has moved away from the business sector in which it made its name in recent years. Has this move paid off? Two such instances stand out here. Systems and Software BetConstruct. Land-Based 4 June Positive signs for gradual phasing in of European casino market. {PARAGRAPH}{INSERTKEYS}Is this decision paying off? Casino 5 June Osaka casino opening plans further delayed. In-Depth 27 May The show must go on. Its Yu-Gi-Oh! Affiliate 1xPartners. In short, while his departure from Konami may have stoked controversy, fans of Kojima and his work will be delighted to note that he is not going anywhere. In-Depth 4 June Broadcasting your brand: Why video is your best friend. The company cancelled the latest game in the long-running Silent Hill franchise, and publicly parted company with Hideo Kojima, a man who is to video-games what the likes of Quentin Tarantino are to cinema. Advertorial 4 June CryptoProcessing. Industry Awards Global Gaming Awards. Payments Zimpler. Moreover, the decision to shift away from video-game development and towards gambling may prove to be an especially prudent one in light of the Japanese Parliament's decision to pass legislation legalising casinos in December β€” bringing to an end more than a decade of debate on the subject. Systems and Software Finnplay. Coupled with an emphasis on the pachinko and pachislot business as a key constituent part of Konami's new strategy is a renewed focus on the mobile games side of the business. Systems and Software Newgioco Group. To sum up, while fans of Konami's prior work in the home-console video-game market can lay claim to understandable disappointment that their favourite franchises will not receive fully-fledged follow-ups, from Konami's perspective, treading new ground in mobile and casino gaming is a decision driven by justifiable commercial decision making, and with the Japanese casino market set to open up in the coming years, it could prove a thoroughly astute one. Duel Links game has been downloaded more than 25 million times, while 5 million players have downloaded Jikkyou Powerful Soccer, underlining the shrewd nature of Konami's redefined approach. Although the distaste shown in certain circles towards these titles is apparent, it is clear that the pachinko games bore the brunt of a wider dislike for the manner in which Konami was felt to be treating its employees and more established video-game franchises, as the business made a concerted effort from to move away from big budget video-game development and towards the development of mobile games and gambling terminals. Read More. Systems and Software Efbet. While rumours of his departure began to circulate in April , Kojima eventually left Konami's Tokyo head office for the final time on 9 October , reportedly due to the fact that his desire to make the best possible game was rendering his development time too lengthy and his costs too high. Systems and Software Digitain. Systems and Software NSoft. This switch in focus has now begun to bear fruit the company enters , with its latest set of financial results revealing soaring operating profit for last year. As a supplier to the gambling industry, Konami has made a not insignificant amount of hay in coupling its casino machines with the intellectual property that built its reputation in the video-games industry, with a particular focus in recent times placed on the game of pachinko. Konami's status as one of the largest providers to the gambling industry could see it take a big slice of those profits should it leverage its assets effectively. While fans of the video-game series that now find their latest iterations dotting pachinko parlours as opposed to the video-game home console market may lament the financially driven nature of this new direction, it is difficult to begrudge Konami making what it feels to be the best use of its assets and intellectual property. It is undeniable that Kojima's time with Konami ended in an unfortunate manner, amid reports that Konami blocked him from attending The Game Awards at which the last Metal Gear Solid title to bear his name, The Phantom Pain, was honoured. Online 5 June MGA exec: No evidence to suggest emergency gaming measures necessary during pandemic.