QTech Games, Asia’s No. 1 game distributor, reported stellar growth and success in the third quarter after a continuous gradual increase throughout 2019.
The company reported a 105% year-over-year increase in Asian gaming revenue in August, and a 120% year-over-year increase in September, comfortably beating industry analysts’ expectations, according to the latest financial figures released during the period. The increase is partly premised on the viability of QTech Games’ new partnership model for European operators looking to gain a foothold in Asia. QTech Games offers the ability to operate the Asian side of the business or manage home operator staff or localized customer service needs.
QTech’s platform is the fastest growing distributor in Asia over the last few years, boasting the widest portfolio of games localized for each region with native mobile apps, powerful reporting and marketing tools, and 24/7 local language support.
Building on the company’s slogan “One Integration for All Emerging and Growth Markets,” QTech now leverages its largest knowledge base for emerging Asian markets to provide full support for all operator bids to enter the region with confidence.
Markus Nasholm, CEO of QTech Games, said, “This fantastic result didn’t happen overnight, it was the result of the planning and execution our talented team was aiming for. So, it’s a great test of their concerted efforts over the past year.
“We have long seen a new trend in which European operators feel desperate to establish themselves in Asia. However, they are facing obstacles to entry, from regulatory and business reasons to specific market know-how across Asia’s patchwork. But where there was once a barrier, QTech Games are now bridging.
“Over the last 20 years, outsourcing customer service and management has been an integral part of all other industries, and QTech has now applied this process to eGaming. With our extensive industry experience and expertise, our established and resource-rich headquarters in Manila has operated an increasingly successful platform business in Asia for many years.
“We can apply in three basic ways. Overall, QTech can operate a full service (including products, promotions, CSs, and laws) in Asia, but the site is still located on the operator’s platform. We can operate our brand in the Asia white label format, which means acting as a separate department on behalf of the operator. Alternatively, it can only be operated by customer service and administrators.
“At QTech, our mission has always been reassuringly simple: secure the world’s best online (RNG) games and distribute them to a portfolio of burgeoning global operators. Mobile gaming remains a key focus, a natural indication of the growing adoption rate, affordability, and internet connectivity across Asia.