CY Management Limited was acquired by CY Foundation Group Limited since 2013. It is a specialist in the provision of services to casino operators in Macau and providing management service in installation and maintenance of electronic gaming machines operating in casinos and hotels in Macau.CYM specializes in sourcing, installation of electronic gaming machines, slot monitoring systems and all other associated equipment into the gaming destinations and provides full managerial support, operational and technical staff to oversee the electronic gaming operations on a revenue share model throughout Macau.
CY Foundation Group Ltd told the Hong Kong Stock Exchange that its first half net loss grew to HK$140.3 million (US$18 million) in its financial first half ended Sept. 30. The company attributed the increase in net loss due to the downturn in gaming and to the impairment of intangible assets. “The anti-corruption campaign and […]
CY management announced that it launched the game Super 88 Fortunes at the Grandview Casino last month. Grandview Slot Casino, which is currently managed by CYM, has become the first property to launch the game in the Macau market with a bank of 10 machines. Super 88 Fortunes is a remake by Bally Technologies of […]
C Y Foundation Group Limited, a casino service provider, announced that Dato Poh Po Lian has tendered his resignation as an executive director and the chairman of the company with effect from 11 June 2015 to focus on his other investment. Dato Poh said there is no disagreement with the board and there are no […]
CY Management Limited, a subsidiary of the CY Foundation and which provides management services to three casinos in Macau, recorded a year-on-year loss of HK$21.6 million ($2.7 million) for the year ended 31 March 2015 due to the significant amortization and depreciation of investment cost. The company, which provides services namely to Casino VIP Legend, […]