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RGB International signs agreement to distribute KL Saberi and Atlas gaming machines

Newsdesk by Newsdesk
Tue 11 Jun 2019 at 07:03
RGB International signs agreement to distribute KL Saberi and Atlas gaming machines
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Malaysian gaming machine distributor RGB International Bhd has secured the rights to distribute EGMs on behalf of two new manufacturers – KL Saberi and Atlas.

Group Managing Director, Datuk Chuah Kim Seah, told The Star Online that RGB was planning to launch 200 units of the new brands in the Philippines, Cambodia and Vietnam this year via the company’s Sales and Marketing division.

The KL Saberi brand is owned by the only Korean casino in which locals can legally gamble, Kangwon Land, while Atlas is an Australian firm operating out of Victoria.

RGB previously revealed it had signed contracts to install 1,700 units in 2019, of which 1,300 are in the Philippines.

Providing an update on the company’s progress, Chuah said, “In the Philippines, some 600 gaming machines have already been installed in the casino according to the terms and conditions of the contract.”

When all are installed, “these 1,300 machines will generate a yield of at least US$50 million for the group over the next five years,” he added.

RGB reported a profit of MYR6.9 million (US$1.6 million) in the three months to 31 March 2019, up 7% year-on-year.

 

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Tags: Electronic gaming machines (EGM)gaming machinesKL SaberiMalaysiaPhilippinesRGB International Bhdslot machines
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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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