It’s been a busy 12 months for Sega Sammy Holdings and its energetic President and Group CEO, Haruki Satomi.
It’s a little over a year now since Sega Sammy released its Medium-term Management Plan, which included the creation of a new Gaming Business comprising the company’s pachinko segment, its 45% stake in the Paradise City integrated resort in Incheon, Korea – a joint venture partnership with majority owner Paradise Co – and a new iGaming arm resulting from the 2023 acquisition of GAN Limited, which operates a B2B platform business mainly for US casino operators.
In February, Sega Sammy unveiled further plans to transfer the gaming business under its manufacturing arm, Sega Sammy Creation (SSC), as part of what it called an “absorption-style company split” aimed at streamlining operations. Specifically, the group detailed the need to establish a centralized management system of gaming licenses and other controls to improve collaboration among its many gaming business locations scattered around the world.
While Japan’s pachinko business is a sunset industry, the company is seeing gains in its casino operations and supplier businesses. Paradise City has been on a roll this year, reporting many consecutive months of strong growth, while video slot machine “Railroad Riches” has proven a smash hit in the US market.
Satomi continues to make his mark since taking over day-to-day operations of Sega Sammy Holdings from his father Hajime in 2021.
