16th Jul 2025 07:00
16 July 2025 |
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Synectics plc
("Synectics" or the "Company")
Leisure & Hospitality Contract Wins
Synectics selected to upgrade leading casino operator's surveillance system in the Philippines and secures its first tribal gaming1 contract in North America
Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, is pleased to announce that it has been awarded two gaming contracts valued, in aggregate, at approximately US$3.0 million.
The first contract, valued at US$2.5 million, has been secured with a world-class integrated casino resort located in Entertainment City, Manila ("the Customer") - an existing customer since 2016. Synectics will upgrade its proprietary Synergy software and deliver a major refresh of the existing video surveillance infrastructure. The work will involve upgrading critical components of the Customer's surveillance system, enhancing its performance, scalability, and long-term resilience. The majority of this contract is expected to be delivered in the Company's current financial year.
Synectics also announces its first contract with a tribal gaming1 property in Oklahoma, North America. The contract, valued at US$600,000, will see Synectics deploy its Synergy software across the property. The solution also includes Synergy's suite of AI-tools to deliver real-time monitoring, detection and alerts. This contract supports Synectics' strategic growth objectives of expanding its presence in the tribal gaming1 sector.
Amanda Larnder, Synectics' Chief Executive Officer and Chief Financial Officer, commented:
"We are pleased to secure these contract wins in both Asia and North America. The upgrade at a world-class resort in Manila reflects the strength of our long-term customer relationships and the ongoing investment by major operators in Synergy's mission-critical solutions. Whilst the tribal gaming1 contract in Oklahoma marks both an important entry into a new market and an early deployment of Synergy's new AI tools.
"These orders further underpin the Group's revenue in the current financial year."
1Tribal gaming refers to casinos located on reservation land.
For further information, please contact:
Synectics plc Amanda Larnder, Chief Executive Officer and Chief Financial Officer Claire Stewart, Company Secretary email: [email protected] | Tel: +44 (0) 114 280 2828 www.synecticsplc.com |
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Shore Capital | Tel: +44 (0) 20 7408 4090 |
Corporate Advisory - Tom Griffiths / David Coaten / George Payne Corporate Broking - Fiona Conroy | |
Vigo Consulting Jeremy Garcia / Fiona Hetherington / Peter Jacob | Tel: +44 (0) 20 7390 0230 |
About Synectics plc
Synectics plc (AIM: SNX) is a leader in advanced security and surveillance solutions that help protect people, property and assets around the world.
It transforms customer operations by seamlessly integrating systems, technologies, and data into a unified solution-enhancing safety, improving efficiency, and enabling smarter, faster decision-making and response capabilities.
With its technical expertise, decades of experience, and strong partnerships, Synectics sets itself apart by delivering innovation and service that drive real value and long-term success.
Find out more at https://synecticsplc.com/.
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