RGB Secures UAE Vendor License as Market Opens

Malaysian gaming product distributor RGB International Bhd has secured approval from the United Arab Emirates for a vendor license in the country’s upcoming casino market. The company said the move places it in a position to operate as an approved supplier of machines, services, and maintenance in the region.

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Approved By UAE Authorities

According to a report by The Edge Malaysia, RGB International Executive Director Ganaser Kaliappen confirmed that the company’s application had been approved by UAE authorities. He said the approval effectively allows RGB to act as an approved vendor for the supply of machines, along with related services and maintenance in the market.

The UAE’s General Commercial Gaming Regulatory Authority has approved 22 Gaming-Related Vendor Licensees for operation in the Emirates, including Aristocrat, Novomatic, Light & Wonder, Konami, and IGT. 

Entry Ahead Of Resort Opening

RGB’s approval comes before the expected opening of the UAE’s first integrated casino resort, Wynn Al Marjan Island. The resort was initially expected to open in the first half of 2027, although it could face a modest delay because of logistical and shipping issues linked to the conflict in Iran.

Kaliappen said that while operations are still some time away, the approval puts RGB in a strong position to build relationships and explore future business opportunities. He said those opportunities could involve machines, services, or related offerings once the market becomes active.

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Broader Regional Growth

With this opening, RGB will expand into a new market outside of its core areas, which include Macau, the Philippines, Singapore, Vietnam, and Cambodia. These markets continue to deliver growth for the company, but the UAE now adds another potential path for future expansion.

Chief Operating Officer Chuah Eng Meng said the group is seeing demand from the Philippines and is also in discussions with Vietnam. In Cambodia, he said that there has been interest from casinos in leasing machines, although the company is not looking to open new outlets at this point.

Financial Performance And Outlook

RGB reported a 19% rise in revenue in the first 3 months of the year, reaching MYR87.4 million, or US$22.0 million. The increase was supported by the strong performance of its core gaming product Sales and Marketing division.

The company’s profit, however, dropped 15% to MYR11.5 million, or US$2.9 million, because of foreign exchange losses. They said in their results that they will keep looking for good expansion chances and project launches in their markets, while staying operationally resilient.

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Source: Inside Asian Gaming