Entertainment Gaming Asia Q1 2014 results lower than expected

    Entertainment Gaming Asia posted disappointing results for the first quarter, citing lower player traffic levels at NagaWorld due to political and labor protests in Phnom Penh after the July 2013 elections, though it said its overall average win improved to $200 in April from $175 in Q1. Equally, performance at its Dreamworld project in Pailin was dampened by unrest in Thailand. Net win in the Philippines was impacted by lower player traffic during the Chinese New Year holiday, it said, as well as the opening of a rival resort in early 2013. Gaming revenues for the three month period ended March 2014 was $4.91 million, compared with $6.92 million for the same period in 2013, leading to a total operating loss of $1.02 million.