Wednesday, July 24, 2024

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RGB International posts robust 1Q24 results, eyes growth in Philippine market

Malaysian casino equipment supplier and distributor RGB International Bhd has reported a significant increase in revenue and profit for the first quarter of 2024, driven by promising market conditions and strategic positioning in the Philippines.

RGB to acquire EGMs in the Philippines for $2.2M

Malaysian group RGB International will acquire a 20 percent stake in an East Timor electronic gaming machines company with a presence in the Philippines for some $2.2 million.

Revenue and profit up in 3Q23 for RGB International – boosted by the Sales & Marketing division

Malaysian-based supplier RGB International had a 142 percent revenue increase for the third quarter of the year, totaling RM170.36 million.

RGB International refutes article claim that a subsidiary engaged in political funding ahead of general elections

Malaysian-based supplier RGB International has refuted that its subsidiary had any involvement in political funding for the nation’s general election.

RGB International reports profit of $2.3 million for 1Q23

Malaysian-based supplier RGB International has reported profit growth of 418 percent yearly, to RM10.5 million ($2.3 million), for the quarter ended March 31st, 2023.

RGB Macau subsidiary posts $59m new order

RGB Macau subsidiary secured new bulk order valued at RM270 million ($59.10 million) from an existing customer in Sales and Marketing segment.

RGB swings to profit in 4Q21, optimistic about recovery

RGB International swung to profit in 4Q21, and says it foresees a relatively stronger recovery in the gaming market in 2022 compared to the prior year period.

RGB: Developing Omni channel solutions

RGB prides itself in our successful track record in the industry, where we continually evolve to deliver innovative and high-quality gaming solutions.

RGB: The value of preventative care

A proper electronic gaming machine (EGM) and gaming equipment Preventive Maintenance program protects and prolongs the value of a gaming property’s capital investments.

South Korea’s Kangwon Land to enter Philippine market with gaming machines sale

Korea’s only locals-accepting casino, Kangwon Land, has entered into an agreement to supply gaming machines in the Philippines, aiming to install 30 gaming machines in the country by Aprill.