GGRAsia – RGB supplying 900 slots to Donaco’s Star Vegas venue

RGB supplying 900 slots to Donaco’s Star Vegas venue

Oct 27, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

Australia-listed Asian casino operator Donaco International Ltd announced on Friday that a subsidiary of Malaysia-listed casino equipment firm RGB International Bhd will supply more than 900 new slot machines for Donaco’s Star Vegas Resort and Club casino resort (pictured) in Cambodia.

The new machines – to be provided by RGB Ltd, and worth more than US$25 million – will replace an equivalent number of old units at the property, said Donaco in a filing to the Australian Securities Exchange.

The casino operator said it wanted to upgrade its slot machines at Poipet-based Star Vegas, which draws many customers from neighbouring Thailand.

Joey Lim Keong Yew, Donaco’s managing director and chief executive, said in a statement: “We have identified a significant opportunity to replace legacy equipment and business arrangements at the Star Vegas with improved deal terms, as well as the latest gaming technology and machines for our customers.”

Donaco currently operates 1,522 slot machines at the Star Vegas property, according to the filing. The firm said that of that total, 1,234 had been supplied by distributors on a revenue share basis, with the remaining 288 machines owned by Donaco.

The casino firm said it will have “no up-front cost” for the supply of the new slot machines, which will be provided under a revenue share deal.

The new agreement states the freshly-supplied equipment should include the latest machines and technology from prominent gaming manufacturers, including Aristocrat Leisure Ltd, Scientific Games Corp, International Game Technology Plc (IGT) and Konami Gaming, said the casino operator.

“RGB will also supply a sophisticated new slot machine and casino table game management system, replacing and upgrading existing systems at the property,” stated Donaco.

The company said it expected the new slot machines “to generate increased revenue for the slot machine business at Star Vegas”, starting from December 2017. The new slot machines and systems would be installed “progressively over the following six months,” said the firm.