Casino money and table games gear manufacturer, Gambling Partners International Incorporated, has allegedly introduced its second-quarter financial results showing an over 116% increase year-on-year in its gross earnings to $8.33 million.
Growing Asian commerce:
Based on a Wednesday report by Asia Gaming Short citing an official media release from Gambling Partners International Incorporated, the vegas -headquartered innovator’s bottom line for the 3 months to June 30 was fostered largely thanks to increasing sales in Asia in addition to escalating demand for its chips featuring radio frequency identification (RFID) technology.
This allegedly saw Gambling Partners International Incorporated record an over 51% swell year-on-year in second-quarter revenues to just over $24.67 million since the percentage of its income from Asian clients climbed by 14.6percent to hit 27.4%.
RFID revenue rocket:
The Nevada firm explained that sales of its RFID casino chips during the three-month period had soared by 360% year-on-year to $5.54 million and represent approximately 22.5percent of its overall revenues…
It also detailed that its non-RFID counterparts stayed popular as the 5.67 million in quarterly earnings of those inventions embodied about 23 percent of its enterprise.
Half-year figures enhance:
For the six months to the end of June, the American company saw its gross profit improve by some 37% year-on-year to $13.27 million with its affiliated revenues of $43.36 million representing a surge of roughly 23%.
Innovator staying optimistic:
The brand stated that the increasing number of new casinos for Asia usually means that it expects to keep to securing sales from the planet’s biggest continent. It also announced that it held backlogged company worth some $21.5 million but this was down due to the delays often associated with getting confirmed orders.
These deals are viewing the trio work collectively so as to come up with a new table management solution complete with pioneering visioning technology and immersive data analytics for greater safety, productivity and participant data acquisition.
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