Monday, June 27, 2022

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Macau suspicious transaction reports rise 10.1% in 1Q22

The number of suspicious transaction reports (STRs) in Macau rose to 10.1 percent in 1Q22, with gaming operators accounting for 57.4 percent of the total, according to figures from the Financial Intelligence Office.

Transact 4Q21 revenue jumps 43%, sees pick up in casino orders

Transact Technologies said its 4Q21 revenue jumped 43 percent and it’s seeing a “noticeable uptick” in international casino ordering as the recovery from Covid continues.

Macau suspicious transactions up 10%

The Macau Financial Intelligence Office observed an incremental increase of suspicious transactions in the gaming industry.

Okada Manila U.S. listing no later than June, Asiabest transaction to proceed

Okada Manila's listing on the Nasdaq Stock Exchange through a merger with 26 Capital will be completed by the end of June this year, while a separate plan for a listing in the Philippines will also proceed, Asiabest said in a stock exchange filing.

U.S. gaming rebound drives TransAct to record quarter since pandemic

TransAct Technologies recorded its highest quarterly net sales since the pandemic, on a strong rebound in its domestic casino and gaming segments, and sustained momentum in its Food Service Technology business.

Transact: Enhancing the player experience

TransAct Technologies will demonstrate how its line of gaming products enhance the player experience with its Epic technology. 

China reiterates ban on crypto mining and transactions

China central bank has reiterated its stance against cryptocurrency, declaring all transactions involving Bitcoin and other virtual currencies as illegal, whilst also vowing to put an end to cryptocurrency mining. 

TransAct Technologies prices stock offer, to raise $10.6 million

Transact Technologies said it expects to raise $10.6 million from a share issue and will use the proceeds for working capital and to fund further expansion.

TransAct to raise additional funds through public stock offering

TransAct Technologies Incorporated, has announced that it intends to offer newly issued shares of its common stock in an underwritten public offering. 

TransAct casino segment sales up 155% in 2Q21

TransAct Technologies reported broad-based recovery across its markets in the second quarter of 2021, due largely to U.S. domestic reopenings.