Donaco International Announces Enhancement of Slot Machine Portfolio at Star Vegas

Donaco International Limited (“Donaco” or “the Company”) is pleased to announce the signing of a new agreement with RGB Ltd (“RGB”), a leading Asian based supplier of casino equipment and electronic gaming machines, to enhance the slot machine portfolio at the Star Vegas casino hotel in Poipet, Cambodia.

Currently, Donaco operates 1,522 slot machines at the Star Vegas property. The majority of these (1,234 machines) are supplied by distributors under revenue share deals, with the remaining 288 machines owned outright by Donaco.

Under the new agreement, RGB will supply more than 900 new slot machines, worth more than USD25 million, to replace an equivalent number of old machines. The slot machines to be supplied will include the latest machines and technology from prominent manufacturers including Aristocrat, Scientific Games, IGT and Konami.

RGB will also supply a sophisticated new slot machine and casino table game management system, replacing and upgrading existing systems at the property.

Under the new agreement, there is no upfront cost to Donaco for the supply of the machines. The new slot machines will be supplied under revenue share deals which are similar to current arrangements. However, the newer and higher quality slot machines are expected to generate increased revenue for the slot machine business at Star Vegas. The Company expects that the enhanced revenue will start to flow from December 2017, with the new slot machines and systems to be rolled out progressively over the following six months.

Donaco’s Managing Director, Mr Joey Lim, said “We are very pleased to sign a new agreement with RGB to maintain and enhance our existing relationship. We have identified a significant opportunity to replace legacy equipment and business arrangements at the Star Vegas with improved deal terms, as well as the latest gaming technology and machines for our customers. This latest deal represents another step forward in Donaco putting its management stamp on the business.”

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