AsianLogic Announces Deal With Leading Macau HotelAsianLogic Is Second Operator To Establish Poker Room In Macau |
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The company has followed suit after the opening of the PokerStars poker room in May at the Grand Waldo Casino in Cotai, opening a facility of its own, the APT Poker room. With the success of the Asian Poker Tour, the deal came from the growing demand for poker facilities in the gaming capital of Asia.
The company also offered a trading performance update for the second quarter of 2008, which showed that the average daily casino turnover had increased 34 percent quarter-over-quarter to $14.6 million.
AsianLogic has also invested $3.4 million in a stake in an (as yet unnamed) European-based gaming solutions provider.
Thomas Hall, who recently became CEO of AsianLogic said, “We believe that the acquisitions and joint ventures will strengthen, compliment and expand our existing operations.”