RGB Predicts 1,000 Machine Sales in 2022

RGB International has projected sales for 2022 in the range of 1,000 machines, and stated it expects to return to profitability this year. The Philippines have been the company’s biggest buyer so far.

RGB Predicts 1,000 Machine Sales in 2022

Malaysian gaming supplier RGB International has projected machine sales in the range of 1,000 units for this year in the Asia Pacific region, and stated that the company will return to profitability this year.

The company already has shipped 400 machines to customers in Malaysia, Vietnam and the Philippines, and is preparing to lease out around 5,000 machines to casinos and clubs in Cambodia, Laos, Vietnam, Timor Leste and the Philippines, Managing Director Datuk Seri Chuah Kim Seah told The Star newspaper.

“In the Philippines, we expect to lease out more than 2,800 units with a value of more than US$40mil (RM176mil) this year,” Chuah told the newspaper. “Two more clubs are opening in the Philippines that will require another 270 machines from the TSM segment. The Philippines is our biggest market.”

The Malaysian company posted a loss of MYR3.31 million (US $751,078) in the first quarter, down from MYR4.78 million a year earlier.