From Daily Finance On Tuesday, SHFL Entertainment will release its latest quarterly results. The company formerly known as Shuffle Master faces a huge opportunity in the rapidly evolving gaming market, but it will have to work hard to cash in. SHFL Entertainment makes a variety of products that casinos use, ranging from its namesake Shuffle Master card-shuffling devices, to tracking devices designed to analyze table-game play and detect potential fraud. As the industry moves toward more electronic gaming, however, the company has also seen success in its electronic table systems and other related machines. Let’s take an early look at…

From iGaming Business Global gaming supplier SHFL Entertainment Incorporated has released its financial results for the three months to the end of April showing that its total revenues for the period grew by 17 percent year-on-year to reach a record $77.4 million. Las Vegas-based SHFL Entertainment stated that its utility, electronic gaming machine and proprietary table games businesses ‘all saw double-digit growth over the same period last year’ while recurring revenues grew by eight percent year-on-year to $31.2 million. SHFL Entertainment revealed that quarterly net income improved by 22 percent year-on-year to a record $11.8 million while its gross margin,…

From PR Newswire / SHFL Entertainment SHFL entertainment, Inc. (NASDAQ Global Select Market: SHFL) (“SHFL” or the “Company”) announced today that it has begun the installation of its Video Lottery Terminals (“VLTs”) in New York. “Our first big rollout of VLTs in such an important market as New York is very exciting,” said Gavin Isaacs , Chief Executive Officer for SHFL. This is only the beginning of what we hope to be a very promising future for our slot machine segment in the United States. The rollout was made possible through a November 2012 agreement between SHFL and SPIELO International…