Oct 31, 2014 Newsdesk Industry Talk, Latest News  
Nasdaq-listed gaming supplier Transact Technologies Inc on Thursday announced that Ben Wyatt, vice president for software products and business development, had resigned his position, with effect from November 14.
Transact said in a filing that Mr Wyatt resigned to accept a position at a large publicly-held company. The filing did not identity the firm.
Transact added it had already begun a search for a replacement.
The company supplies printers and printing software to the gaming and lotteries industries, among other industries. Revenue from casino and gaming sales was US$6.1 million in the second quarter of 2014 compared to revenue of US$7.3 million in the prior year period, the company said in August.
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Anti-money laundering (AML) controls in the Philippines’ casino sector need to be strengthened, says an analysis report by the country’s AML watchdog. The body pointed the finger at the junket...
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”We are seriously considering the privatisation of all Pagcor-operated casinos”
Alejandro Tengco
Chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor)