Shared Rewards
Harvest Gaming granted Novomatic a 51% controlling stake. The deal positions Harvest to leverage Novomatic’s 400+ game portfolio and R&D capabilities while Novomatic gains access to Asia’s US$52 billion gaming market. It currently holds a modest 3% market share, trailing rivals like Aristocrat (22%) and Light & Wonder (18%).
Michael Barsin of Novomatic Sales highlighted the synergy: “We are delighted to partner with Harvest Gaming in order to strengthen our footprint in Southeast Asia. Their deep understanding of the regional markets and dedication to supporting our customers make them excellent representatives of the Novomatic brand.”
The collaboration unfolds under the oversight of Singapore’s Gambling Regulation Authority (GRA), established in August 2022 to tighten industry compliance. With Harvest’s on-ground agility and Novomatic’s technological firepower, the partnership aims to disrupt a market governed by adaptability.
Harvest Backs Alliance
Harvest Gaming will distribute Novomatic’s complete gaming portfolio, including slot machines, electronic table games, and interactive platforms across Southeast Asia, under the newly finalized partnership. Harvest’s General Manager Alfred Hwee emphasized alignment with Novomatic’s “innovation, quality, and reliability,” stating that collaboration would “drive mutual growth” in Asian markets.
Navigating Asia’s Complexity
Asia’s gaming sector remains fragmented, with Singapore and Macau’s premium resorts contrasting Vietnam and Thailand’s mass-market tourism projects. Novomatic’s high volatility slots—dominant in Europe’s grind-driven casinos—face challenges in Asia’s leisure-centric markets.
Harvest Gaming, instrumental in this partnership, brings expertise in navigating diverse regulations. The company has secured licenses across seven Asian jurisdictions since 2020, including Cambodia’s tightly regulated casino corridors and Vietnam’s nascent gaming zones. Its operational success underscores its ability to adapt Novomatic’s offerings regionally. It demonstrated such expertise by achieving 92% uptime for Konami’s slots in Cambodian casinos despite climate stressors and high foot traffic.
The collaboration aligns with Novomatic’s broader global strategy following its recent UAE gaming license acquisition—one of the first B2B firms approved under Abu Dhabi’s new regulatory regime.
