Tangam Systems Inc, a specialist in data analytics that works with the casino industry, said it has deployed its Table Games Yield Management (TYM) system in the Macau casino properties managed by Galaxy Entertainment Group Ltd.
“TYM is now operating across all 700-plus mass and mass premium table games at Galaxy Macau, StarWorld and Broadway,” Tangam Systems stated in a Monday press release.
The firm says the system aims to make table games data actionable to all levels of management, as well as to improve spread/pricing planning and real time response to changes on the floor.
“With the unique combination of table games analytics experience and technology, we are able to offer deeper, actionable insights from data,” said Varun Nayak, senior vice president of gaming strategy at Tangam Systems, in a statement included in the release.
Tangam Systems says that its table games optimisation products have been deployed in casinos in the United States, Macau, Malaysia, Australia, New Zealand, Canada and the Philippines, covering an aggregate of more than 4,400 tables. Asian clients include: Melco Resorts and Entertainment Ltd, Genting Malaysia Bhd and Bloomberry Resorts Corp, according to the company’s corporate website.
“TYM was instrumental in delivering growth in earnings before interest, taxation, depreciation and amortisation (EBITDA) by improving operational and labour efficiencies while empowering our staff to execute positive changes to the floor and simultaneously enhancing player experience,” said Richard Longhurst, director of operations and of gaming development and optimisation services at Galaxy Macau, in a statement included in Tangam Systems’ press release.
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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