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RGB INTERNATIONAL BHD (RGB)

Company Score: 6.0/10Data as of: 1 Jul 2026

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1D • MYX

9 Oct, 05:18 am

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Company Profile

RGB International Bhd — Southeast Asia's EGM Ecosystem Player

RGB International Bhd (Bursa: 0037) is not a typical casino company. It is a vertically integrated Electronic Gaming Machines (EGM) ecosystem player — combining manufacturing, distribution, and concession operations under one roof. Founded in 1986, RGB has operated for over 38 years in the electronic gaming machine industry.

⚠️ Shariah Status: NON-COMPLIANT

RGB operates in the gaming sector. Investors who prioritise Shariah-compliant investments should factor this in before investing.

4 Business Segments

Segment Core Activities Revenue Contribution
Sales & Marketing Sell EGMs to casinos, gaming regulators Dominant (~90%+)
Technical Support & Management Maintenance, refurbishment, after-sales Moderate
Engineering Services EGM manufacturing, R&D Supportive
Others Property rental Minor

Geographic Footprint — 9 Countries

RGB operates across Malaysia, Cambodia, Laos, Vietnam, Singapore, Macau, Philippines, Timor-Leste, and Nepal. Its concession programme spans 6 countries with over 6,000 machines placed at various gaming locations.

Most recently, RGB secured a gaming vendor licence from UAE's GCGRA — opening the door to the Middle East market, with Wynn Al Marjan Island casino expected to open around 2027 as the first legal casino in the region.

📌 3-in-1 Model: RGB manufactures, distributes, AND operates EGMs — vertical integration that delivers cost advantages and quality control compared to competitors who rely on third-party manufacturers.

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CANSLIM Analysis

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Financial Analysis

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Dividends

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Stock Valuation

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Peer Comparison

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Red Flags

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Investment Scorecard

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Growth Catalysts

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Conclusion

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