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Entertainment Gaming Asia eyeing the online social gaming sector
Monday, August 15, 2016: ASIAN LAND GAMBLING SUPPLIER EYES ONLINE SOCIAL GAMING VERTICAL
Entertainment Gaming Asia has developed a mobile app for the pan-Asian market.
Entertainment Gaming Asia, a supplier of hardware to land casino operators in Cambodia and the Philippines, is eyeing the online social gaming sector as a possible solution to declining revenue, according to reports in the Asian media referencing a stock exchange filing by the company.
Chief executive and chairman of the company, Clarence Chung has revealed that the company is engaged in developing a social gaming platform, and plans are in place to begin testing in Q3-2016.
“We have developed this free-to-play, mobile, social games app for the pan-Asian market and intend to monetise it through the in-game-sale of virtual coins that allow players to extend play time or accelerate their progress,” he said.
EGA has seen its second quarter revenues decline by 53.7 percent year-on-year to $2.3 million, creating a reduced net loss of $799,000.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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