Slot machine and electronic gaming table maker Aruze Gaming America Inc plans to expand its manufacturing plant in the Philippines.
The company intends to increase the existing 400-strong workforce by up to 50 percent, with a focus on the research and development team, Takahiro Usui, Aruze’s group chief executive confirmed to GGRAsia by email.
The story was first reported by Philippines’ media outlet Business World.
The factory is in Batangas, on the main island of Luzon, and approximately 107 kilometres (66 miles) south of the country’s capital Manila. It currently produces approximately 30 machines per day. The gaming equipment is not only for the Philippines market but also for export to Macau, Australia, the United States and South Africa.
The company used to operate a similar facility in Japan but decided to move to the Philippines in 2009, investing US$35 million in the Philippines plant so far.
Las Vegas-based Aruze Gaming America is a wholly owned subsidiary of Japan’s Universal Entertainment Corp, which in turn is controlled by billionaire gaming entrepreneur Kazuo Okada, who made his original fortune via Japan’s pachinko industry.
Another company controlled by Mr Okada – Tiger Resort, Leisure and Entertainment Inc – is currently building a new casino and entertainment complex called Manila Bay Resorts at Entertainment City, Manila.
Tiger Resort said in May it was aiming for a 2016 opening for the casino property. The firm will hold a topping-off ceremony on July 30 at Manila Bay Resorts’ first hotel.
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”We expect Goa to quickly become a US$1 billion market as it transitions to land-based casinos (from US$150 million today), which is still just a fraction of India’s total GGR potential of US$10 billion to US$17 billion”
Analyst at Union Gaming Securities Asia