Novomatic’s Achievements in 2023 and Plans for 2024

Summary of 2023 and Further Steps

The company’s board members said that the excellent quality and great performance of their solutions have contributed to amazing growth across all segments in 2023.

The corporation invested a lot in:

• technology;
• product development.

That allowed for increasing demand for the group’s offerings.

In 2024, Novomatic’s experts are determined to further expand their photovoltaic systems in alignment with the ESG strategy. This underlines the manufacturer’s dedication to investing in a sustainable energy supply, which will help the organisation be more independent amidst the related crisis. For instance, the developer’s largest system is being established on 20,000 sq.m. in Gumpoldskirchen. It is set to start fully operating this spring.

Last year also saw a lot of lucrative acquisitions for the company. They helped accelerate the overall growth of the vendor. The number of consolidated studios within the corporation was enlarged to a whopping 215.

This year, the group also plans to further spread its influence across top markets, such as:

• Italy;
• Spain;
• the UK;
• the USA;
• Germany, etc.

Besides North America and Europe, the supplier will also focus on Africa, Australia, and other promising regions. The organisation is already widely known there, so its main task is to solidify a leading position across the areas. New commercial deals and fresh gaming releases will help with achieving the goal.

The Role of AI and Other Technologies

Novomatic’s team is committed to innovation and actively uses the latest developments in the industry to deliver the finest offerings to its clients. The company is considered a tech leader in the gambling segment and boasts 32 specialised centres across 15 states around the world. The manufacturer won multiple awards for its innovative products for land-based and online entertainment businesses.

Its strong points are highlighted by a couple of achievements per year:

• 5,000 officialised IP rights;
• about 200 fresh games (+versions).

The provider is working on creating standardised terms for using AI across all its branches. The new framework will apply to both released solutions and upcoming ones to ensure professional safety. The company acknowledges the amazing business opportunities that artificial intelligence opens for operators and Novomatic itself. The corporation also focuses on supporting employees as they are still the core of the development process.

Key Markets and Verticals for the Provider

The group distinguishes 3 amusement niches that deserve special attention:

• digital;
• mobile;
• social.

The sectors have been constantly evolving for several years. The supplier’s online arm Greentube has had some important acquisitions within those segments. As a result, its global catalogue of offerings has been complemented with amazing technologies. Novomatic is set to keep on focusing on internet operations in 2024.

Another appealing market for the manufacturer is the developing betting sphere in the US. As regulation is actively spreading across states, new bookmakers appear in the country while casino owners add wagering offerings to their catalogues. Many of these brands resort to Novomatic’s specialists for professional help and high-tech products.

V.I.P. X Slot Cabinets: Prospects

The vendor presented the product line at G2E 2023, where the solution was accepted with impressive enthusiasm. The series is aimed at global markets and has all the features to conquer different audiences and become a bestseller this year.

It is hard to stand out in the industry, which has such high demands in terms of innovation and quality. However, Novomatic’s V.I.P. X managed to make it. The collection delivers fresh and exciting experiences and is the perfect option for numerous operators.

At ICE London 2024, which will be held on February 6–8, the provider will present an addition to the segment. The novelties will once again highlight the company’s ability to guarantee the right solutions for all the requirements.

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