Entertainment Gaming sets Sept. 15th date for rights offer

    Entertainment Gaming Asia Inc has set September 15 as the record date for the proposed offering of subscription rights to purchase shares of its common stock at a price of $0.54 per share.Each shareholder as of the record date will receive 0.92278 non-transferable subscription rights for each share of common stock held. Each subscription right will allow its holder to purchase one share of common stock of the company, at a price of $0.54 per share.EGA will use the the proceeds to fund “future casino and gaming club projects, expanding its slot participation operations and general working capital for its gaming products division,” it says in a statement.