• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

TransAct appoints Haydee Olinger to its board

Aug 01, 2018 Newsdesk Industry Talk, Latest News  


TransAct appoints Haydee Olinger to its board

TransAct Technologies Inc has appointed restaurant industry executive Haydee Olinger as its fifth director. The United States-based supplier of gaming industry equipment issued a written announcement on Tuesday saying Ms Olinger joined the board on Friday.

Nasdaq-listed TransAct says Ms Olinger served in senior management roles at McDonald’s Corp for more than 20 years, and has most recently served as the fast food company’s global chief compliance and privacy officer. The company says Ms Olinger has a broad experience of international business, having been responsible for teams consisting of finance, franchise, tax and operations personnel working in Europe, Asia and Latin America. She also serves on the boards of DePaul University Institute of Business and Professional Ethics and the Illinois Lottery Control Board.

TransAct chairman and chief executive Bart Shuldman said Ms Olinger has a track record of success. “Her direct knowledge and understanding of the global restaurant industry with deep operations and legal expertise will prove valuable to TransAct as we continue to look to further develop and exploit the large restaurant solutions market opportunity for our company,” says Mr Shuldman.

TransAct reported a net profit of US$700,000 for the first quarter of this year, 22.2 percent less than a year earlier. While the May announcement says aggregate net sales fell by 12.9 percent to US$12.2 million, the company’s sales to the gaming sector rose by 16.1 percent to US$5.9 million.

On Monday, TransAct announced a quarterly cash dividend of US$0.09 per share, payable on September 14 to shareholders of record at the close of business on August 20. The company is scheduled to announce its second quarter results on Thursday.


  • tweet
Related articles
  • No swift resumption of dividends for most Macau ops: GS
    No swift resumption of dividends for...

    Sep 19, 2023  

  • TransAct posts 2Q profit, gaming sales up 87pct y-o-y
    TransAct posts 2Q profit, gaming sales...

    Aug 10, 2023  

More news
  • G2E Asia 2024 set for Macau in June, no Singapore event
    G2E Asia 2024 set for Macau in June, no...

    Sep 26, 2023  

  • Sale of Pagcor casinos by 2025 feasible: DoF
    Sale of Pagcor casinos by 2025...

    Sep 26, 2023  


Latest News

G2E Asia 2024 set for Macau in June, no Singapore event

G2E Asia 2024 set for Macau in June, no Singapore event

Sep 26, 2023  

The 2024 edition of the Global Gaming Expo (G2E) Asia casino trade event is to be held in Macau, according to a Tuesday press release. There will not be a G2E Asia event in Singapore next year, the...
Read More
Sale of Pagcor casinos by 2025 feasible: DoF

Sale of Pagcor casinos by 2025 feasible: DoF

Sep 26, 2023  

SJM hosts seminar in Indonesia to promote Macau offerings

SJM hosts seminar in Indonesia to promote Macau offerings

Sep 26, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


50

Maximum aggregate number of licensed gaming promoters – also known as ‘junkets’ – that Macau's casino operators will be able to work with in 2024



Most Popular

  • Any Macau clamp on money changing may hurt GGR: punditsAny Macau clamp on money changing may hurt GGR: pundits September 25, 2023
  • Macau govt sets junket cap per casino operator for 2024Macau govt sets junket cap per casino operator for 2024 September 25, 2023
  • Wynn Macau Ltd cancels K-pop festival scheduled for OctWynn Macau Ltd cancels K-pop festival scheduled for Oct September 25, 2023
  • Strong Macau hotel bookings for autumn Golden WeekStrong Macau hotel bookings for autumn Golden Week September 22, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us