RGB Int’l on track to achieve record annual sales of 4,000 gaming machines in 2023

Chuah Eng Meng, vice president of sales support and marketing at RGB International Bhd, a Malaysia-based provider of casino electronic games and services, projects that the firm will sell 4,000 gaming machines by 2023, with the Philippines leading the way in Asia.

He continued by saying that 2019 was the company’s best year to date, with sales of almost 1,800 gaming devices. Chuah believes that RGB International, with the majority of orders coming from the Philippines, will surpass the 4,000-machine milestone this year.

The group’s revenue has been mostly driven by gaming machine sales this year, with strong demand anticipated as new casinos open in Asia and the region’s gaming markets overcome COVID-19-related restrictions. Additionally, RGB International provides administrative and technical assistance for gaming machines in 10 markets.

Thanking the firm for its longstanding presence in the Philippine market, Chuah said that they are “in the right place, at the right time, riding on the boom.” RGB International provides technical support for well-known slot provider brands in the Philippines in addition to machine sales.

The company’s long-term goals include expanding its sales team in 2024 and opening a new showroom by the first quarter of that year in Manila’s Entertainment City. Technical support services and machine maintenance will be conducted out of the new space. In addition, RGB International intends to expand its Penang headquarters by opening a sales and compliance office in Kuala Lumpur, Malaysia, early next year.

Although the gaming industry in Cambodia is still slowly rebounding, Chuah said that Vietnam and Malaysia represent two of RGB International’s biggest gaming markets. The company plans to move Cambodia’s unprofitable gear to the faster-growing markets in the area. The outlook in Macau, where RGB International has a long-standing presence in sales and technical support, is still positive despite the current market size of 12,000 gaming machines. Chuah believes that operators still have the opportunity to modernize their machine floors and adopt trends that are popular with customers.

Original story by: GGRAsia