QualityStocks would like to highlight Entertainment Gaming Asia Inc. (NYSE: EGT), engaged in the ownership and leasing of electronic gaming machines (EGMs) in resorts, hotels, and other venues primarily in Cambodia and the Philippines. It also designs, manufactures, and distributes table game products consisting of RFID casino chips that enable casinos to identify counterfeit casino chips and track table play; traditional casino chips for various table games that include a range of American-style gaming chips; and RFID casino plaques. In addition, the company engages in the design, manufacture, and distribution other plastic products.
In the company’s news yesterday,
Entertainment Gaming Asia announced that it has commenced construction of Dreamworld Poipet, its slot hall development project in Poipet, Cambodia. The leading gaming company is focused on emerging gaming markets in Pan-Asia, and this project is strategically located at one of Cambodia’s most significant border crossings with Thailand. It will be a standalone slot hall constructed as an extension of an existing popular casino.
The Dreamworld Poipet slot hall will measure approximately 16,000 square feet and feature a comprehensive suite of 300 high-quality gaming machine seats. The machines include multi-player electronic tables and other top-of-the-line features to provide players a first class casino experience. At $7.5 million, the project is internally funded and is expected to open in early 2013.
Clarence Chung, Chairman and CEO of Entertainment Gaming Asia, remarked, “We are pleased to begin construction of our Dreamworld Poipet project. With a focus on providing quality gaming products, superior customer service and inviting atmosphere, we are dedicated to making Dreamworld Poipet a quality leader in this market. Our entrance into the established and growing gaming market of Poipet is a positive step in our strategy to become a leading developer and operator of regional casinos and gaming venues in Indo-China.”
The company also announced that it has launched a “Dreamworld Poipet Updates” section on its website that will allow interested parties to keep track of the project’s development. Entertainment Gaming Asia will provide periodic updates and photos at www.EGT-Group.com under the section entitled “Dreamworld Projects.”
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