Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock announced the renewal of its ETG lease deal with the Philippine Amusement and Gaming Corporation (PAGCOR) for another 3 years via its long term partnership with Indepth Insights Inc.
Interblock together with its local agent, Indepth, inked the very first ETG revenue-share lease deal with PAGCOR in June of 2015 at 12 PAGCOR operated casinos for a period of 3 years. As part of the deal Interblock supplied, installed and maintained 192 G5 Diamond play stations with fully automated Roulette and video Baccarat Stadiums. At the end of December 2018 the total number of seats had increased to 204 G5 Diamond play stations spanning across 14 PAGCOR operated casinos throughout major cities in the Philippines.
Interblock’s President of Asia Pacific, Michael Hu, said: “The revenue generated from our first installations had increased strongly from month to month through our continuous performance appraisals. It is with great honor that through our partnership with Indepth and PAGCOR and their continued support of our ETG products we have been able to extend the lease agreement for another 3 years, through January of 2019. This is a win-win partnership combination.”