Synectics, a Sheffield-based firm, has secured significant contracts totaling $2.7 million, enhancing its standing in the surveillance market. The contracts span across two geographical locations, the Philippines and the USA, marking notable expansions for the company.
- The Philippines contracts involve two gaming resorts, emphasizing Synectics’ software features and adaptable solutions tailored for high-security environments.
- In the USA, Synectics extends its partnership with PENN Entertainment by securing two more casino contracts, bringing the total installations to 25.
- Amanda Larnder, CEO, highlighted the ongoing demand for Synectics’ cutting-edge security technology in the gambling industry.
- The company anticipates completing these projects within the current fiscal year, ending in November 2025.
Sheffield-based Synectics has successfully secured four lucrative contracts, collectively valued at $2.7 million. This strategic move strengthens its foothold in the global surveillance market, specifically focusing on the gaming sector in both the Philippines and the USA.
In the Philippines, Synectics will deploy its advanced Synergy software in two distinct gaming resorts. This decision underscores the software’s ability to provide a versatile suite of features, uniquely tailored to meet the complex demands of control rooms requiring high levels of surveillance and security.
Meanwhile, in the United States, Synectics continues its fruitful collaboration with PENN Entertainment, Inc. By adding two new casino contracts, the total number of Synergy installations at PENN’s properties now reaches 25. This expansion reflects PENN Entertainment’s confidence in Synergy’s capability to address their dynamic security and surveillance challenges.
Amanda Larnder, the company’s Chief Executive Officer and Chief Financial Officer, expressed enthusiasm about these developments. She stated, “Today’s announcement demonstrates our positive momentum in the gaming market, and the continued demand for our innovative, market-leading surveillance and security technology.” This sentiment points to Synectics’ promising trajectory within the industry.
Larnder also remarked on the company’s growing presence in the Philippines, highlighting the strategic value of these new partnerships. She emphasized the adaptability and lasting value of Synergy, particularly in supporting the complex requirements of its partners like PENN Entertainment.
The company projects that all four contracts will be fulfilled within the current financial year, concluding on November 30, 2025. This timeline reinforces Synectics’ commitment to timely and efficient project delivery, further bolstering its reputation in the field.
These contracts mark a substantial advancement for Synectics, indicating robust growth and strengthening its position in the gaming surveillance market.
