The Company recorded $4.1 million in revenue for its slot operations during the quarter, a decrease of 5% compared to $4.4 million in the third quarter of 2011. The decline was primarily a result of lower average net wins per machine for its operations in NagaWorld, which were $216 for the quarter compared to $233 in the prior year period. Based on its current information and improved performance for October 2012, we believe that the decline in the third quarter of 2012 net win from these operations was due to normal fluctuation. The decrease in gaming revenue for the third quarter of 2012 was partially offset by improvements in average net wins per machine and revenue sharing for the Company’s Philippine slot operations as well as incremental revenue contribution from its new slot operations at Thansur Bokor in Cambodia. The Company believes that its operations at Thansur Bokor have yet to reach their potential as the property is not yet fully operational.
|EGM Seats in Operation|