Entertainment Gaming Asia’s Dolphin Subsidiary Receives $3.3 Million Gaming Chip And Plaque Order For The New City Of Dreams Manila
Entertainment Gaming Asia Inc. (NASDAQ: EGT) (“Entertainment Gaming
Asia” or “the Company”), a gaming company focused on emerging gaming
markets in Pan-Asia, today announced its Dolphin subsidiary has...
Entertainment Gaming Asia Inc. (NASDAQ: EGT) (“Entertainment Gaming Asia” or “the Company”), a gaming company focused on emerging gaming markets in Pan-Asia, today announced its Dolphin subsidiary has received a $3.3 million gaming chip and plaque order to supply Melco Crown (Philippines) Resorts Corporation’s (PSE:MCP) new City of Dreams Manila resort in the Philippines. The order is expected to be booked in the fourth quarter of 2014 and marks Dolphin’s second major gaming chip order in the growing Philippine gaming market. City of Dreams Manila, a premier integrated resort expected to open in 2014, will be the second property to open in the Entertainment City casino and tourist complex in Manila Bay. The property will include the ultra luxurious Crown Towers Hotel, trend-setting Nobu Hotel and a five-star luxury hotel as well as a casino, entertainment facilities, retail outlets and restaurants. Panos Makridis, Senior Vice President Gaming Products of Dolphin Products Limited, commented, “Dolphin is pleased to be the supplier of gaming chips and plaques to the new City of Dreams Manila. The order includes a range of Dolphin’s high-level security features including RFID. We believe this order reflects Dolphin’s commitment to the highest quality and value as well as demonstrates our strong relationships in the Asian gaming market.” About Entertainment Gaming Asia Inc. Entertainment Gaming Asia Inc. (NASDAQ: EGT) is a gaming company in Pan-Asia engaged in the development and operation of casinos and gaming venues in the Indo-China region under its “Dreamworld” brand as well as the leasing of electronic gaming machines on a revenue sharing basis to the gaming industry. The Company also manufactures and sells RFID and traditional gaming chips and plaques to major casinos under its “Dolphin” brand. For more information please visit www.EGT-Group.com. Forward Looking Statements This press release contains forward-looking statements concerning Entertainment Gaming Asia within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include statements regarding expectations for the business of Entertainment Gaming Asia’s Dolphin subsidiary, the demand for its gaming chips and expectations for future revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the Company’s ability to adhere to the necessary quality control and production schedule requirements, the irregular nature of orders for its gaming chips and other risks set forth in Entertainment Gaming Asia’s annual report on Form 10-K for the year ended December 31, 2013 filed with the SEC on March 31, 2014 and subsequently filed quarterly reports on Form 10-Q. Entertainment Gaming Asia cautions readers not to place undue reliance on any forward-looking statements. Entertainment Gaming Asia does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.