RGB International plans to sell 4,000 machines worth US$107m in overseas markets this year.<\/p>\n\n\n\n\n\n\n\n
Malaysia.-\u00a0RGB International\u00a0<\/strong>has announced plans to sell approximately\u00a04,000 gaming machines valued at RM500m (US$107m)<\/strong> in Cambodia, Laos, Vietnam, Timor Leste and the Philippines this year.<\/p>\n\n\n\n In an interview with Malaysian media outlet The Star,\u00a0Datuk Seri Chuah Kim Seah<\/strong>, the managing director of RGB International, said the company anticipates delivering half of the 4,000 machines by mid-year<\/strong>. He said RGB International has already leased out around 5,000 gaming machines, generating an estimated revenue of RM100m (US$21.4m) for the year.<\/p>\n\n\n\n The company was hit by a fire in Cambodia last year, resulting in a write-off of RM5.8m (US$1.24m) worth of machines. However, Cheah noted that the company managed to achieve a net profit of RM3.9m (US$840,000).\u00a0<\/p>\n\n\n\n The company has reported\u00a0a net profit of over MYR10.5m (US$2.3m)<\/a>\u00a0for the first quarter of the year, compared to a loss of MYR3.3m during the same period last year. The figure represents an improvement from\u00a0the previous quarter\u2019s net profit<\/a>\u00a0of just over MYR9.3m. Revenue nearly tripled year-on-year to MYR95.2m.<\/p>\n\n\n\n Despite the positive growth outlook, Chuah emphasised the potential impact of regulatory changes in the various Asian countries where RGB International operates.<\/p>\n","protected":false},"excerpt":{"rendered":" RGB International plans to sell 4,000 machines worth US$107m in overseas markets this year.<\/p>\n","protected":false},"author":176,"featured_media":25100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"RGB International plans to sell 4,000 gaming machines valued at US$107m across key Southeast Asian markets, including Cambodia, Laos, Vietnam, Timor Leste, and the Philippines. The company reported significant financial improvements, with Q1 net profit reaching MYR10.5m and revenue nearly tripling year-on-year, despite a prior fire incident. Management highlighted potential impacts from regulatory changes in these operating jurisdictions.","focusai_entities":"RGB International, Datuk Seri Chuah Kim Seah, The Star","focusai_location":"Malaysia, Cambodia, Laos, Vietnam, Timor Leste, Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Regulatory Impact Mitigation?","query":"What specific regulatory changes are anticipated in these Asian markets, and what governance frameworks or compliance strategies is RGB International implementing to mitigate associated risks?"},{"label":"Market Share & Competition?","query":"What is the competitive landscape for gaming machine suppliers in Cambodia, Laos, Vietnam, Timor Leste, and the Philippines, and what is RGB International's projected market share target within these jurisdictions?"}],"footnotes":""},"categories":[157,16333],"tags":[23853],"class_list":["post-777007116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-rgb-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007116"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007116\/revisions"}],"predecessor-version":[{"id":777007151,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007116\/revisions\/777007151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25100"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}