Press Release Source: Entertainment Gaming Asia Inc. On Thursday September 2, 2010, 9:00 am EDTHONG KONG--(BUSINESS WIRE)--Entertainment Gaming Asia Inc. (NYSE Amex: EGT) (“Entertainment Gaming Asia” or “the Company”), formerly known as Elixir Gaming Technologies, Inc., a leading provider of electronic gaming machines on a participation basis to the Pan-Asian gaming industry, announced today that as of August 31, 2010 it had reached 670 gaming machine seats in operation at NagaWorld casino resort. This fulfills the total number of machines under the Company’s most recent Machine Operation Participation Consolidation Agreement with NagaWorld Limited, a wholly-owned subsidiary of the Hong Kong listed NagaCorp Ltd. (HKSE:3918). Despite the increase in installed base, average net win per unit per day for the Company’s operations at NagaWorld continues to be strong, achieving $214 for the month of August 2010. NagaWorld is a luxury casino resort in Cambodia and is the only licensed full service casino in and around the capital city of Phnom Penh.Due to the strong performance of Entertainment Gaming Asia’s operations at NagaWorld, the Company recouped in mid-August 2010 all remaining commitment fees paid to NagaWorld. Entertainment Gaming Asia and NagaWorld will continue to share the revenue and certain operating costs, such as marketing and floor staff, at a 25% / 75% split, respectively, on the total installed base of 670 gaming machine seats.Clarence Chung, Chairman and Chief Executive Officer of Entertainment Gaming Asia, commented, “Our slot operations at NagaWorld, which we jointly manage and operate with NagaWorld, have experienced dramatic growth since our first placements of approximately 200 gaming machine seats in January 2009. We attribute our strong performance to our targeted marketing efforts to build customer loyalty, the right machine mix, favorable positioning on NagaWorld’s prime casino lobby floor spaces, and the benefits of the closure of all slot clubs previously operating in the Phnom Penh region early in 2009. We believe these factors along with our proactive management will enable us to drive continued improvements in our operating performance at NagaWorld.”
fyi.澳門賭業股： 0027 銀河娛樂 6.48 +7.8% 0200 新濠國際發展 3.32 +1.8% 0880 澳博控股 7.44 +1.6% 0242 信德集團 4.36 +1.6% 0959 奧瑪仕控股 0.08 +1.3% 0163 英皇國際 1.64 +0.6% 1128 永利澳門 13.18 +0.2%.十五十六，唔知放唔放好！？
970 seems great potential in luxury goods market of China. Would 偉哥 please provide comments on this stock? Thanks.
Wai gor,I get it, Thx.sold half.
hi 行佳，上星期都有朋友問題970，我自己覺得以970剛公佈的全年盈利1.13億元計, 市值23億元, 市盈率達到20倍，估值太貴。其次，其有形資產淨值只得2.7億元左右，PB太高。如果想買奢侈品概念股，似乎先前有網友提及的720可能是更佳的選擇，估值較低。惟要留意的是，兩間公司的核數師都不是太可靠，一間是國衛，一間是均富，不論短炒或長渣，都要自己衡量風險。