Inside Asian Gaming

inside asian gaming June 2014 34 Tech Talk Forward With a Vision Not content with dominating the electronic table gaming market in Macau, LT Game showed off a varied assortment of innovative new products at G2E Asia M acau’s LT Game is undoubtedly the envy of many an electronic gaming machine supplier. Given the government’s cap on live gaming tables, Chinese players’ insatiable appetite for baccarat, the lower- costs involved in running electronic terminals versus live tables—as well as those terminals’ ability to drive marginal business from players unable to afford Macau’s now lofty live table minimums— there’s no shortage of demand for LT’s core product: electronic betting terminals used to make bets on baccarat games dealt by live dealers. And, of course, there’s also the not inconsequential matter of LT having managed thus far to cling onto the exclusive right in Macau to sell those products. At last count, there were 3,239 LT terminals installed across Macau, and that number is sure to balloon over the coming years as casino floor space multiplies across all the sprawling Cotai resorts currently under construction—resorts that have reserved space hoping for allocations of live tables they are only likely to receive a fraction of. The logical solution will be to fill the resulting empty space with even more LT terminals. Yet, LT Game Chairman Jay Chun is not content with merely having a stranglehold on the most lucrative gaming machine manufacturing business in town. A tireless inventor, he appears intent on providing a complete solution for his vision of the casino of the future, and was eagerly showing off several new products at last month’s G2E Asia. One of the highlights was the E-Drop Box, developed based on Mr Chun’s belief that “In the future, all drop boxes will be electronic.” And unlike similar products being developed by competitors, LT’s E-Drop Box handles chips as well as cash and tickets. Inside Asian Gaming Editor James Rutherford presents LT Game Chairman Jay Chun the IAG 2014 Supplier Award for “Best Multi-Terminal Product” for LT’s Live Table Multi-Game System. There’s no shortage of demand for LT’s core product—electronic betting terminals used to make bets on baccarat games dealt by live dealers. And, of course, there’s also the small matter of LT having managed thus far to cling onto the exclusive right in Macau to sell those products.