Lost in last week’s dreadful earnings report from earnings report from IGT was this little nugget of information about the slot machine manufacturer losing floor space.
Eilers Research principal Todd Eilers said Tuesday IGT was losing “premium leased” space on casino floors to smaller competitors. In the his company’s recent survey of slot floor managers that he conducts with Fantini Research, IGT faces intense competition from large and small vendors.
“Based on our latest slot survey, we believe Aristocrat (Technologies) took significant market share in the premium leased segment once again in the quarter,” Eilers said. “In addition, smaller vendors continue to chip away at the nonwide area progressive premium leased space.”
No doubt that Aristocrat gained space on casino floors when they released The Walking Dead slot machine. It was easily the most anticipated slot machine in my few years of covering casinos and gaming. That can’t be the only machine taking up space formerly occupied with IGT slot machines.
Besides Buffalo (also Aristocrat) I haven’t noticed any other non-IGT slot machines. Have you?
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