• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Covid-19 ups cashless casino tech role: Sci Games CEO

Oct 28, 2020 Newsdesk Latest News, Trends & Tech  


Covid-19 ups cashless casino tech role: Sci Games CEO

Covid-19 has “raised the importance” of some technology Scientific Games Corp has been working on “for years”, says Barry Cottle (pictured), the group’s chief executive.

Mr Cottle noted that the diversified nature of Scientific Games’ operations had helped support the business during the pandemic crisis. The group has lottery operations and online products – including a sports book platform – as well as being a supplier of slot machines and other games to land-based casinos.

“We’ve structured our business to operate effectively… through any environment,” said the CEO. He was speaking in an online interview with Frank Fantini, of Fantini Research, a gaming industry news provider and consultancy.

Mr Cottle added: “We took quick action on the operating expenses side, streamlining our operations,” focusing on “the things that serve our customers the best.”

In March the firm announced Mr Cottle had “volunteered a 100-percent reduction” in base salary as part of cost-cutting measures amid the pandemic, while the group’s other senior executives had committed themselves to a “voluntary 50 percent salary reduction.”

Other measures applicable to the workforce had included “workforce-hour and -pay reductions to preserve as many jobs as possible and furloughs for those support roles that have seen a decrease in industry work”.

In terms of serving land-based casino operators, Mr Cottle said the firm’s Unified Wallet product was “a good example “of something that the company had been “working on for a while now”.

He added: “We have had contactless products for years, but it’s obviously now much more relevant in the Covid[-19] environment.”

Unified Wallet enables casino players – via use of a mobile application – to access funds to play slots and table games, without the players needing to handle cash.

Covid-19 had “been a very disruptive event in our lives, and something we can’t control, but [with] the things we can control, I think we did a really good job,” added the CEO, referring to his firm’s response to the pandemic in terms of products and business practices.

Mr Cottle also praised the group’s new Kascada slot machine cabinet and the firm’s new “Coin Combo” game which is being made available on the new cabinet. The launch was announced recently for those products, initially in North America.

“The game [has good] looks and plays beautifully and we are super-excited about that,” said Mr Cottle.


  • tweet
Related articles
  • Macau tells casinos cut on-duty staff by 90pct: reports
    Macau tells casinos cut on-duty staff...

    Jul 01, 2022  

  • China quarantine easing good signal for Macau: analysts
    China quarantine easing good signal for...

    Jun 29, 2022  

More news
  • Microchip lack felt by slot makers says MGEMA boss Chun
    Microchip lack felt by slot makers says...

    Aug 05, 2022  

  • MGM China interim net loss widens to US$306mln
    MGM China interim net loss widens to...

    Aug 05, 2022  


Latest News

Microchip lack felt by slot makers says MGEMA boss Chun

Microchip lack felt by slot makers says MGEMA boss Chun

Aug 05, 2022  

A global shortage of computing microchips is currently the biggest challenge for gaming machine manufacturers, says businessman Jay Chun (pictured in a file photo), president of the Macau Gaming...
Read More
MGM China interim net loss widens to US$306mln

MGM China interim net loss widens to US$306mln

Aug 05, 2022  

Sands China US$1.95bln notes exchange deadline now Mon

Sands China US$1.95bln notes exchange deadline now Mon

Aug 05, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$57.4 million

Revenue produced by Konami Holdings' gaming and systems division – including casino equipment – in the three months to June 30



Most Popular

  • Japanese get visa-free S.Korea entry for August: reportJapanese get visa-free S.Korea entry for August: report August 4, 2022
  • Ex Macau staffer named an EVP on Wynn’s UAE schemeEx Macau staffer named an EVP on Wynn’s UAE scheme August 4, 2022
  • MGM brand to help Macau get foreign biz: MGM China COOMGM brand to help Macau get foreign biz: MGM China COO August 4, 2022
  • Progress in Philippine gaming AML rules: regional watchdogProgress in Philippine gaming AML rules: regional watchdog August 5, 2022
  • Sands China US$1.95bln notes exchange deadline now MonSands China US$1.95bln notes exchange deadline now Mon August 5, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us