INSIGHT CONNECTING OPERATIONS SYNOT GROUP
“I foresee an increasingly close relationship between online and land-based, not only in
terms of game development but when it comes to business cases with partners looking to be active across both channels using our products.
We haven't been to ICE
London for a few years – the last time was pre-pandemic. We have attended smaller, local exhibitions this year in markets where we have a significant presence such as Belgrade and Bucharest. We will be showcasing the biggest portfolio in the history of
SYNOT Group on a new stand with a completely different design.
Roland Andrýsek, Sales Director, SYNOT W
successive games will be a success with players. On the land-based side there is a lot of cannibalisations of original hit games.
Finally, what does a successful 2023 look like for SYNOT Group across its business divisions? What are your strategic goals - are there specific content or market goals you would like to achieve?
Miroslav: On the land-based side, it's important we strengthen our position in core markets across central and eastern Europe, namely the Czech Republic, Latvia, Slovakia, and Greece, as well as enter new territories with our proven Firebird gaming system that is consistently attaining better results.
Tese are our main strategy goals alongside the development of new products. At ICE London, we will exhibit our new cabinets. We have a new portfolio set to be launched this year which visitors to our stand can try out, including our upright, three-screen featuring 32-inch monitors - they're huge!
From a development perspective, we want to develop more and better. Our entire portfolio will be on display at the exhibition with the entire SYNOT Group present - our land-based products and online titles from SYNOT and SYNOT Games, as well as SYNOT Interactive - our online platform provider which completes the product offering we have crated with our omnichannel strategy in mind.
the impact is quicker. On the other hand, competition is much stronger in the online sector for the same reason. Tousands of games are uploaded to online game lobbies, so the life span of online games is lower than land-based. Tere are advantages and disadvantages to both.
Prevailing game mechanics have remained the same for some time now, particularly on the land-based side. How do you look to strike the balance between servicing established content mechanics whilst also introducing new gameplay experiences?
Ivan: When we create sequels for our successful titles, it is uncommon for versions two, three and four to be more popular than the original game. Some games such as Hot Africa work for both land-based and online audiences, but it is very complicated to pinpoint the exact technical reasons why this is the case. It comes down to how the game’s volatility, features, gameplay, and mechanics appeal to both sets of players.
Roland: When we launch a very successful game using a new mathematic model, we can then create graphical clones. Tis doesn’t often happen, but when it does it's a semi-guarantee
Roland: In our core markets we have 25-35 per cent market share, so our goal is to consolidate this position for the long term. In markets where we have less share, our Firebird product is going to be a big sell for us as the system becomes more competitive. I foresee an increasingly close relationship between online and land-based, not only in terms of game development but when it comes to business cases with partners looking to be active across both channels using our products.
We haven't been to ICE London for a few years – the last time was pre-pandemic. We have attended smaller, local exhibitions this year in markets where we have a significant presence such as Belgrade and Bucharest. We will be showcasing the biggest portfolio in the history of SYNOT Group on a new stand with a completely different design.
Ivan: From a SYNOT Games perspective, we will look to strengthen our position in key markets across Europe but our big goal for 2023 is to enter the US market with launches in New Jersey, Pennsylvania, Michigan, and West Virginia, as well as undertake the licensing process for entry into Ontario, Canada. In short, our goal is to strengthen in Europe and enter the North American market.
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