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Logo of Phnom Penh Post newspaper Phnom Penh Post - EGA reports $1.5M net loss over first quarter

EGA reports $1.5M net loss over first quarter

| Publication date 13 May 2016 | 08:01 ICT

EGA reports $1.5M net loss over first quarter

Pan-Asian gaming firm Entertainment Gaming Asia Inc posted a 38 per cent decline in revenue for the first quarter of this year, compared to the same time last year, it said yesterday in a filing to the NASDAQ.

The company reported that first quarter consolidated revenue slipped to $5.2 million, from $8.3 million a year earlier, with a net loss of $1.5 million.

EGA leases electronic gaming machines to NagaWorld and other casinos in Cambodia and Philippines, and operates casinos in Asia under its “DreamWorld” brand.

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