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Synectics Secures Major Gaming Contracts in Asia and North America

Story Highlights
  • Synectics wins US$3.0 million in gaming contracts, expanding in Asia and North America.
  • Contracts include Manila casino upgrade and Oklahoma tribal gaming entry, boosting revenue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Synectics Secures Major Gaming Contracts in Asia and North America

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Synectics ( (GB:SNX) ) just unveiled an announcement.

Synectics plc has secured two significant gaming contracts worth approximately US$3.0 million, marking a strategic expansion in both Asia and North America. The contracts include a US$2.5 million upgrade of surveillance systems for a major casino resort in Manila and a US$600,000 deployment of their Synergy software at a tribal gaming property in Oklahoma, supporting their growth objectives and reinforcing revenue for the current financial year.

Spark’s Take on GB:SNX Stock

According to Spark, TipRanks’ AI Analyst, GB:SNX is a Outperform.

Synectics’ overall stock score reflects its strong financial performance, supported by robust corporate events and moderately positive technical indicators. The company’s strategic progress and contract wins position it well for future growth, despite a fair valuation and lack of recent earnings call data.

To see Spark’s full report on GB:SNX stock, click here.

More about Synectics

Synectics plc is a leader in advanced security and surveillance solutions, providing integrated systems that enhance safety, improve efficiency, and enable smarter decision-making. The company is known for its technical expertise and strong partnerships, delivering innovative solutions that drive value and long-term success.

Average Trading Volume: 51,289

Technical Sentiment Signal: Strong Buy

Current Market Cap: £53.66M

For an in-depth examination of SNX stock, go to TipRanks’ Overview page.

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