Interactive
Asia – QTech Games credits European partnership model for Q3 success
By William - 6 November 2019
QTech Games, the Asian games distributor, has announced stellar growth and success in Q3 after a series of sustained incremental gains throughout 2019.
Recent financial figures released for the period reveal that the firm saw Asian gaming turnover grow year-on-year by 105% in August, with 120% recorded in September to round out the third quarter, outstripping consensus projections from industry analysts.
These increases have partly been premised on the viability of QTech Games’ new partnership model for European operators looking to secure a foothold in the Asian market. QTech Games offers to operate the Asian side of the business, housing operator staff or managing localised customer-service needs.
QTech Game’ CEO, Markus Nasholm, explained: “We’ve long witnessed an emerging trend whereby European operators feel a pressing urgency to establish a presence in Asia. However, they encounter obstacles to entry – from regulatory and business reasons to specific market know-how across Asia’s patchwork quilt. Where once there were barriers, though, QTech Games is now building a bridge.
“Outsourcing customer service and admin has been a staple in all other industries for the past 20 years or more, and QTech has now applied the process to igaming. With our extensive industry experience and expertise, we have been running a progressively successful platform business in Asia for years from an established and well-resourced headquarters in Manila.
“We can assist in three basic ways. Overarchingly, QTech can run a full-service operation in Asia (including product, promotions, CS and legals) but the site still sits on the operator’s platform. We can run the brand on an Asian white-label format – i.e. acting as a distinct unit on behalf of the operator. Or we can just run the customer services and admin.”
As one of the fastest growing distributors in Asia for the past few years, QTech’s platform boasts a gaming portfolio localised for each region, with native mobile apps, powerful reporting and marketing tools and 24/7 local language support.
Mr. Nasholm added: “These fantastic results didn’t happen overnight, they are the result of targeted planning and execution from our talented team. So, it’s a wonderful validation of their combined hard work over this past year.
“At QTech, our mission has always been reassuringly straightforward: to secure the best online (RNG) games in the world and distribute them to a burgeoning portfolio of global operators. Mobile games remain the core focus and that’s naturally indicative of the escalating smartphone adoption rates, affordability and internet connectivity across Asia.”
