• 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 casino sales decline extends into 1Q

May 05, 2016 Newsdesk Industry Talk, Latest News  


TransAct casino sales decline extends into 1Q

TransAct Technologies Inc reported a 2.6 percent year-on-year decline in casino and gaming equipment sales in the first quarter of 2016 to US$5.4 million.

This was the third consecutive quarter of casino and gaming equipment sales decline for TransAct as measured in year-on-year terms.

Revenue from the segment was negatively affected by lower international casino and gaming revenue, the firm said in a statement issued on Wednesday.

TransAct’s casino and gaming product segment includes ticket printers for gaming machines.

“In the casino and gaming market, we continue to grow domestic share as U.S. sales growth for our Epic 950 printers (pictured) exceeded the growth of the domestic gaming machine market,” Bart Shuldman, chairman and chief executive of TransAct, said in a statement.

He added: “As operators seek to drive revenue growth on their casino floor in an increasingly competitive marketplace, interest in our innovative solution’s ability to target players by printing coupons and promotions in real-time at the gaming device continues to grow.”

In September, TransAct announced an agreement to integrate its Epicentral promotion and bonusing system with Aristocrat Technologies Inc’s Oasis 360 casino management system. TransAct said at the time the goal was to provide casino operators with a comprehensive player reward system.

TransAct’s total net sales revenue for the first quarter of 2016 – including non-gaming related segments – was US$14.4 million, down by 11.2 percent in year-on-year terms. Casino and gaming sales were the main revenue contributor, accounting for 37.9 percent of the total.

Net income in the three months ended March 31 was US$625,000 compared to US$144,000 in the prior-year period.

TransAct on Wednesday announced its board of directors declared a quarterly cash dividend of US$0.08 per share. The dividend will be payable on June 15 to shareholders of record at the close of business on May 20.


  • tweet
Related articles
  • TransAct quarterly loss widens despite revenue increase
    TransAct quarterly loss widens...

    May 11, 2022  

  • TransAct narrows 4Q loss, revenue up 43pct y-o-y
    TransAct narrows 4Q loss, revenue up...

    Mar 10, 2022  

More news
  • Maybe new Macau mass Covid test, community spread still
    Maybe new Macau mass Covid test,...

    Jun 24, 2022  

  • Blackstone clinches US$6.15bln takeover of Crown Resorts
    Blackstone clinches US$6.15bln takeover...

    Jun 24, 2022  


Latest News

Maybe new Macau mass Covid test, community spread still

Maybe new Macau mass Covid test, community spread still

Jun 24, 2022  

It is likely that Macau will shortly have a third round of citywide centre-based Covid-19 testing in little more than a week, after the results so far of a second mass test – that was due to finish...
Read More
Blackstone clinches US$6.15bln takeover of Crown Resorts

Blackstone clinches US$6.15bln takeover of Crown Resorts

Jun 24, 2022  

Jeju still studying online gaming for its casinos: govt

Jeju still studying online gaming for its casinos: govt

Jun 24, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$5.8 million

Amount that each Macau casino operator paid for the circa six-month extension of their respective contract



Most Popular

  • Maybe new Macau mass Covid test, community spread stillMaybe new Macau mass Covid test, community spread still June 24, 2022
  • Blackstone clinches US$6.15bln takeover of Crown ResortsBlackstone clinches US$6.15bln takeover of Crown Resorts June 24, 2022
  • Alvin Chau, Suncity trial set for September 2: courtAlvin Chau, Suncity trial set for September 2: court June 20, 2022
  • Okada Manila control dispute back in court: UniversalOkada Manila control dispute back in court: Universal June 22, 2022
  • Jeju still studying online gaming for its casinos: govtJeju still studying online gaming for its casinos: govt June 24, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us