GGRAsia – Newsletter 5

Newsletter 5

Eight more companies bring AGEM roster of members to 166

Nov 16, 2018 Newsdesk Industry Talk, Latest News

The Association of Gaming Equipment Manufacturers (AGEM) says it has admitted eight new members. In a written announcement issued on Thursday, AGEM said the new members bring the number of companies...

AGEM Index down mth-o-mth, ends 36 mths of yr-o-yr ups

Nov 15, 2018 Newsdesk Industry Talk, Latest News, Top of the deck

The AGEM Index tracking the share prices of the leading global gaming machine manufacturers continued to slide last month, with October’s composite index down 8.29 percent compared to...

Macau gaming STRs up 11pct in Jan-Sept period

Nov 14, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s Financial Intelligence Office said it received 1,687 suspicious transactions reports (STRs) from gaming operators in the first nine months of this year, up 11.4 percent compared to 1,514...

GSA tests risk tool on blockchain safety for gaming

Nov 13, 2018 Newsdesk Latest News, Trends & Tech

The Gaming Standards Association (GSA) has agreed with risk assessors BlockRe to run on a trial basis the latter’s risk assessment framework for blockchain technology. The association said it...

GPI’s 3Q revenue, profit down as sales in Asia decline

Nov 12, 2018 Newsdesk Industry Talk, Latest News, Top of the deck

Casino currency and table gaming equipment supplier Gaming Partners International Corp (GPI) posted net income of US$1.5 million for the three months ended September 30, compared to a profit of...

Paradise Co 3Q profit up 12pct, helped by Paradise City

Nov 09, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck

Third-quarter profit at South Korea’s Paradise Co, an operator of foreigner-only casinos in that country, rose 11.6 percent year-on-year, on group sales that grew by 7.3 percent, the firm said in a...

Okada Manila one step closer to backdoor listing on PSE

Nov 08, 2018 Newsdesk Latest News, Philippines, Top of the deck

Asiabest Group International Inc has announced that the Philippine Stock Exchange has lifted the limit on the proportion of its shares that foreigners can own, which paves the way for the backdoor...

TransAct Q3 net profit hits US$2.6 mln on stronger sales

Nov 07, 2018 Newsdesk Industry Talk, Latest News, World

TransAct Technologies Inc says net profit rose to US$2.6 million in the third quarter of this year from US$1.8 million a year earlier. Announcing results for the third quarter, the U.S.-based...

TransAct declares US$0.09 quarterly cash dividend

Nov 06, 2018 Newsdesk Latest News, World

Nasdaq-listed gaming supplier TransAct Technologies Inc has declared a quarterly cash dividend of US$0.09 per share. TransAct is a supplier of printers and printing software to commercial sectors...

HKZM Bridge casino shuttle frequency in review: Bowie

Nov 05, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operators were keeping under review the frequency of the industry’s joint shuttle service between the Hong Kong-Zhuhai-Macau (HKZM) Bridge and Macau’s two public ferry terminals,...