Crown enters skill-based gaming market

James Packer-backed Crown Resorts said its Chill Gaming joint venture will see "new entertainment product options’’ that would be showcased at future gaming technology expos.

Chill Gaming is a 50/50 joint venture between Crown and New Gaming, owned by Wymac Gaming Solutions, a manufacturer and developer of electronic gaming machines that is developing a new generation of arcade-style gambling machines that determine payouts on player ability as well as chance.

The new games are being installed on gaming floors at some of the biggest casinos in the world.

"Skill-based gaming is an interesting concept that is getting traction in a number of markets. It is a reaction to the emergence of games that are different to traditional games,’’ Crown chief financial officer Ken Barton said.

"We have got prototypes developed, and at gaming shows that are coming up over the next few months, we should have some demonstrations that we will be able to show.’’

Crown’s digital business was the standout performer in an otherwise soft annual profit result. The company Crown shares closed 4.3 % lower on Monday, adding to Friday’s 3 % fall in the wake of the weaker than expected result.

Source: GMB