Wednesday, May 29, 2024

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Daily Asia Gaming eBrief: TransAct sees cashless opportunities in gaming/non-gaming

Whereas cash used to be king, cashless is making moves to steal the crown. But opportunities still abound within both the gaming and non-gaming spheres, according to Transact Tech CRO Tracey Winslow.

Non-gaming cashless opportunities boosting gaming offerings: TransAct CRO

The shift to cashless is providing opportunities both within the gaming space and the non-gaming space, with TransAct Technologies poised to leverage its experience across multiple markets in Asia and abroad.

Hard Rock-linked consortium interested in ‘potential transactions, no ‘substantive discussions’ yet: The Star

The Star Entertainment Group has refuted reports that it had received a takeover bid from US-based Hard Rock, but indicates that other parties have reached out, including a local partner of the operator.

TransAct reports operating losses in 4Q23

TransAct Technologies Incorporated (TACT), has announced its preliminary results for the fourth quarter and full year ended December 31, 2023, showing a drop in overall sales and a worsening of its operating results.

CasinoTrac & TransAct Announce Industry First Floor-wide, Single-Wire Printing Solution

Table Trac, Inc. announces it has completed a ‘First of its Kind’ integration project with TransAct Technologies, to become the industry’s first CMS to provide a single-wire, On-Demand Printing solution, eliminating the hassle of redundant networking gear or infrastructure.

Casino suspicious transactions in Macau jumped 170 pct y-o-y by September

The number of suspicious transactions recorded in Macau casinos in the first nine months of 2023 has jumped by 170 percent year-on-year.

China identifies over 60,000 gambling-related suspicious transactions in 2022

Chinese authorities identified more than 60,000 suspicious transactions related to gambling in 2022, according to an annual report from the Payment and Clearing Association of China.

Suspicious Transactions Reports rise for Macau operators in 1H23

The amount of Suspicious Transaction Reports from Macau's gaming operators increased by some 125 percent yearly during the first half of the year, according to the most recent statistics from the Financial Intelligence Office (GIF).

TransAct casino, gaming sales doubled in 1Q23

Technology and printing solutions group TransAct Technologies has reported net sales of nearly $22.3 million, up 130 percent yearly in 1Q23.

TransAct sees Asian growth as ‘endless/dynamic’: Tracey Winslow

Tracey Winslow, Chief Revenue Officer for TransAct Technologies, says that Asia continues to surprise and delight, with the recent ASEAN Gaming Summit also reiterating how the market is “endless” and  “dynamic”. While Macau and the Philippines have traditionally been key markets, new openings spell new possibilities.