• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

TransAct appoints Randall Friedman, enlarges board

Nov 13, 2020 Newsdesk Industry Talk, Latest News  


TransAct appoints Randall Friedman, enlarges board

Casino technology and food service technology supplier TransAct Technologies Inc said on Thursday it had appointed Randall Friedman to the firm’s board of directors, with effect from November 10. Following the nomination, TransAct’s board will expand to six directors from five.

The group’s core business has been casino player rewards and player-tracking software, and ticket printers for electronic gaming machines. More recently it has been developing sales of its food inventory monitoring and food-service tracking system known as Boha.

“Mr Friedman’s extensive knowledge of restaurants and the food service industry and his deep expertise in business-to-business marketing in the restaurant market will be a huge help to our company given how the sales process has changed so dramatically in a Covid-19 environment,” said Bart Shuldman, TransAct’s chairman and chief executive, as quoted in Thursday’s release.

Mr Friedman is described in the release has having more than a “decade of leadership experience in digital innovation and marketing, strategic planning, business acquisitions and divestitures, as well as restructuring and business evolution.”

The executive is said to have served in various senior management roles, including as president and chief executive of Lebhar-Friedman Inc, where he was responsible for sales and marketing, and focused on the food service and retail markets.

TransAct said last week that its third-quarter sales in the casino and gaming segment fell 60.4 percent in year-on-year terms, to just above US$2.0 million. The company posted an overall net loss of US$867,000 for the period, compared to net income of US$384,000 in the prior-year quarter.


  • tweet
Related articles
  • Ex-Sci Games president – Greater China  leaving LVS board
    Ex-Sci Games president – Greater...

    Dec 28, 2020  

  • TransAct 3Q casino sales up 48pct sequentially
    TransAct 3Q casino sales up 48pct...

    Nov 06, 2020  

More news
  • UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent
    UA Galaxy Cinemas normal as HK ops...

    Mar 08, 2021  

  • Galaxy’s Lui hopes Macau 2H better amid vaccine rollout
    Galaxy’s Lui hopes Macau 2H better...

    Mar 08, 2021  


Latest News

UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent

UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent

Mar 08, 2021  

UA Galaxy Cinemas, the multiple-screen cinema facility at the Galaxy Macau casino resort, is operating as usual, the resort promoter Galaxy Entertainment Group Ltd has confirmed to GGRAsia. In...
Read More
Galaxy’s Lui hopes Macau 2H better amid vaccine rollout

Galaxy’s Lui hopes Macau 2H better amid vaccine rollout

Mar 08, 2021  

Pace of Macau GDP decline slows in 4Q amid tourism gains

Pace of Macau GDP decline slows in 4Q amid tourism gains

Mar 08, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“Construction work is progressing smoothly and even though the Covid-19 outbreak has impacted our original timeline, we remain committed to this groundbreaking project"

Grant Johnson

Property general manager of City of Dreams Mediterranean



Most Popular

  • Lim Kok Thay, GEN Singapore execs in US$1.3mln stock awardLim Kok Thay, GEN Singapore execs in US$1.3mln stock award March 2, 2021
  • Las Vegas Sands to sell off Nevada assets for US$6.25blnLas Vegas Sands to sell off Nevada assets for US$6.25bln March 3, 2021
  • Pansy Ho again cuts stake in MGM Resorts, for US$57mlnPansy Ho again cuts stake in MGM Resorts, for US$57mln March 4, 2021
  • LVS plans to keep U.S. base, stock listing: spokesmanLVS plans to keep U.S. base, stock listing: spokesman March 4, 2021
  • Fitch says LVS Nevada sale a negative, Moody’s keenerFitch says LVS Nevada sale a negative, Moody’s keener March 5, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us