Macau-based casino equipment supplier Asia Pioneer Entertainment Holdings Ltd (APE) has inked a three-year agreement to become the sole distributor in Macau and South Korea of Europe-based TITO ticket manufacturer Moniko.
According to information from APE, Moniko’s TITO tickets have been certified for use by global printing system producers TransAct, JCM and Nanoptix due to the use of KANZAN paper for ticket production.
“Moniko, as a Macedonia-based company, has been committed to development in the markets of Europe, Australia and America in the past decades [with] stellar results,” said Moniko CEO Vladimir Kjurchiev.
“In recent years, we have seen the huge potential of the Asian market. A strong partner with sufficient knowledge and experience is indispensable for expanding into new markets. APE, one of the largest distributors in Macau and Asia, is undoubtedly the best choice. We believe the partnership with APE could help Moniko to lay a solid foundation for the expansion in the Macau and South Korea markets.”
APE CEO and Executive Director Herman Ng added, “It is an honor to work with such a professional company with extensive experience. The products of Moniko are innovative and high-quality, which is perfectly matched with our company purpose of ‘bringing innovative products to the Asian gaming market’. This partnership will enrich our product portfolio to provide versatile gaming products to casino operators.”