Founded in 2005 in Macau, APE has substantial experience and reputation in the gaming industry, with particular expertise in localization and customization of the gaming machine markets in Macau and Asia.APE has an established track records with gaming machine suppliers worldwide, representing suppliers from Slovenia, US, Taiwan and Japan. APE has a well-established business with gaming operators and is the only independent company that distributes to all 6 of Macau’s licensed operators.
Asia Pioneer Entertainment Holdings has reported a 46 percent fall in its H1 revenues, hit by the impact of Covid-19 in both direct and indirect ways. The revenue total for the quarter was HK$11.8 million (US$1.5 million), producing net losses of HK$29 million. A company statement explained, “The group’s business and results of operation are […]
Asia Pioneer Entertainment Holdings said it has finished the installation of 50 Spintec gaming machines in the CLUB99 Furama Resort in Danang, central Vietnam.
Asia Pioneer Entertainment, an electronic gaming equipment company, said it plans to begin a sports and sports-related entertainment business in Macau to diversify its income stream.
Asia Pioneer Entertainment said it was cancelling lease agreements to casinos in Cambodia and the Philippines due to non-payment of rent and said it will write off about HK$26 million ($3.4 million) in the first half as a result.
Asia Pioneer Entertainment Holdings Limited announced today the donation of epidemic-prevention supplies including protective clothing, face masks, 1:99 liquid bleach, etc. to the local charity “Caritas Macau” and its social service agencies to provide a safer and more comfortable environment for the elderly nursing homes and socially vulnerable groups. APE said the supplies were locally […]
Hong Kong-listed Pioneer Entertainment said it expects to record an unaudited loss of approximately HK$4 million for the three months ending March 31, 2020, due to a slowdown caused by the coronavirus. The group is expected to record a 70 percent decrease in revenue to HK$2.3 million, down from HK$7.9 million in the prior-year period […]
Gaming companies across the Asia Pacific region are continuing to count the costs of the coronavirus-mandated shutdowns, with both Donaco International and Asia Pioneer Entertainment warning of an impact on business.
Asia Pioneer Entertainment Holdings has announced that its subsidiary has been awarded ISO 9001:2015 certification for “provision of repairing service of electronic gaming machine parts” after a successful audit. APE began internal preparation for certification in August 2019 by evaluating its existing procedures and aligning them with the new requirements of the Quality Management System […]
Asia Pioneer Entertainment Holdings has announced that it has entered into an agreement with Glimex Inc. of the Philippines to lease electronic gaming equipment for use at Palace Casino, located at JPark Island Resort in Cebu the Philippines, for a term of 24 months. APE will place up to 86 units of electronic gaming equipment […]
Asia Pioneer Entertainment Holdings has announced that the first two Spintec Aura stand-alone virtual multigame cabinets were recently installed on the VIP gaming floor and the other two were installed on the mass gaming floor at Studio City Macau. Slovenia-based ETG producer Spintec’s stand-alone virtual multigame has proven performance in the gaming solutions markets where […]
Herman Ng CEO & Executive Director, Asia Pioneer Entertainment When did you arrive in Macau and in what capacity? I grew up in Macau, and I went to the United States to study when I was 16. After I graduated, I came back to Macau in 1996. After that, I took a job as an […]
Asia Pioneer Entertainment Holdings Limited will continue to gather talents in Electronic Gaming Equipment (EGE), with Jumbo Technology, Konami Australia, Spintec d.o.o., TransAct Technologies and SEGA Sammy CREATION showcasing their latest and the greatest hit products at the 2019 MGS Entertainment Show. This will be the seventh time APE has participated in the show. Latest […]
Hong Kong-listed Asia Pioneer Entertainment reported a widened loss of HK$1.9 million (US$242,000) for the quarter ended March 31, 2019, due mainly to a fall in revenue. APE is a total solutions provider of electronic table games and electronic gaming machines for land-based casinos in Macau SAR as well as other regions in Asia. Total […]
Over recent years, the market demand of Electronic Gaming Machines (EGMs) in Macau has been growing steadily. Revenue from slot machines have increased by 14.3 percent to MOP15 billion (US$1.9 billion) in FY2018 from MOP13.1 billion in FY2017*. Despite EGMs taking only a small share compared to other game types, it plays a significant role […]
The Bao Ni Fa Link is a new progressive jackpot that follows the success of its popular predecessor in Asia. Featuring exciting bonuses and innovative features, Bao Ni Fa offers an entertaining and rewarding experience for players. Jumbo Technology will be launching its new Bao Ni Fa Jackpot Link this year in their latest D-27 […]
Macau-based Asia Pioneer Entertainment Holdings Limited, which staged a successful initial public offering last year, is now looking to the future with an expanded product range and extended geographic distribution. The company recently announced a major strategic partnership with NASDAQ-listed TransAct Technologies, a global leader in software-driven technology and printing solutions for high-growth markets, marking […]
Asia Pioneer Entertainment swung to a loss of approximately HK$1.7 million in the first quarter of 2018, due mainly to decreased electronic gaming equipment sales, and decline in revenue in its consulting and repair service businesses. APE is a solutions provider of electronic gaming machines for land-based casinos in Macau, as well as other regions […]
TransAct Technologies said it has teamed with Asia Pioneer Entertainment to distribute its products in Asia, with a focus on Macau, the Philippines, Taiwan and China. The non-exclusive accord will be for TransAct’s core Epic Edge and Epic 950 ticket-in/ticket-out printers for gaming devices as well as the company’s full lineup of gaming device and […]
Macau gaming machine distributor Asia Pioneer Entertainment said revenue jumped by 63.7 percent in 2017, though net profit fell due to the expenses associated with the group’s recent stock exchange listing. Revenue came in at HK$86.1 million ($10.9 million) compared with $52.6 million the prior year as new casino openings drove demand for products. Profit […]
Billionaire James Packer has stepped down from the board of Crown Resorts citing mental health problems. “Mr Packer is suffering from mental health issues. At this time he intends to step back from all commitments,” according to a statement from his private company Consolidated Press Holdings. Crown Resorts thanked Packer for his contribution to the […]
The Year of the Dog is about to dawn in Asia, with most gaming markets in the region starting on a positive note after a strong 2017. The focus this year is likely to be on emerging markets, though regulatory change and disruptive technologies, such as the stellar growth of bitcoin are also expected to […]
Asia Pioneer Entertainment raised HK$70 million (US$8.9 million) in an initial public offering on Wednesday. The company offered a total of 250 million shares, comprising of 25 million public offer shares and 225 million placing shares at an offer price between HK$0.24 and HK$0.36 per share. It listed on the Growth Enterprise Market (GEM) of […]
Electronic gaming equipment supplier Asia Pioneer Entertainment on Monday announced it will list on the Growth Enterprise Market of the Hong Kong Stock Exchange. APE plans to offer a total of 250 million shares, comprising of 25 million public offer shares, and 225 placing shares, at an offer price between HK$0.24 and HK$0.36 per share. […]
Asia Pioneer Entertainment Holdings, a Macau gaming equipment supplier, is seeking to raise funds through an initial public offering on the Hong Kong Stock Exchange in June to finance future expansion. The company, which is the fifth largest electronic gaming equipment supplier and the largest electronic table games supplier in Macau as of 2015, was […]
Technology and electronic table games were the two subjects most frequently cited as important trends for 2019 among the gaming industry’s largest suppliers at the MGS Entertainment Show in Macau last month. This year’s show, which ran from Nov. 13 to Nov. 15, sought to focus on innovation in the entertainment space. Though given online […]
Macau is likely to remain the largest market in Asia for electronic table games (ETGs) for the foreseeable future due to its sheer size, though growth is slowing and emerging markets such as Vietnam and the Philippines are likely lead further expansion.
Asia Pioneer Entertainment, which this month joins just a handful of homegrown Macau gaming names to list on the Hong Kong Stock Exchange, says it sees strong scope for future growth, both in the world’s biggest gambling hub and around Southeast Asia. The company, which was founded 12 years ago, is raising funds for the next stage of its development.