Success Dragon extends slot machine supply agreements until 2022

Success Dragon International Holdings Ltd, a gaming services provider, has renewed its agreements to supply, set up and manage a minimum of 120 slot machines and multi-terminal machine units at the Grandview Casino and the Casa Real Casino in Macau

Success Dragon International Holdings Ltd, a gaming services provider, has renewed its agreements to supply, set upwards and deal a lower limit of 120 expansion slot machines and multi-terminal machine units at the Grandview Casino and the Casa Real Casino in Macau.

The ii agreements were signed past Success Dragon’s wholly-owned subsidiary Ace Advantage Developments Ltd, and are currently awaiting regulatory approval. Initially, the keep company was prepared to retreat from the EGM concern inwards Macau due to less than satisfactory performance, and its agreements with the two casinos were localize to expire at the death of Apr and May 2021. However, the casinos weren’t able-bodied to find a replacement for Success Dragon, so the partnership was extended.

“Despite the Original Agreements expired on 30 Apr 2021 and 31 May 2021 respectively, the trading operations of the Outsourced Business Process Management business feature remained on-going inwards the casinos because the manager was in time to key out young supplier(s) to put back the group,” stated the company. “It is the mutual savvy 'tween the group and the manager that the radical would go on operating the Outsourced Business Process Management concern inward the casinos during this meanwhile period.”

Ace Advantage, in turn, testament obtain a monthly carrying into action fillip based on a fixed per centum of meshing income and has the right to renew the agreements for another year. Currently, the extension phone was applied until June 2022. Success Dragon believes that “the financial carrying out of the Outsourced Business Process Management will improve below a improve securities industry status along with the continued growth inward vaccination rates and the gradual recovery of the touristry manufacture inward Macau.”