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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.
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PokerStars.CZ has launched in the Czech Republic -
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Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
Time is Money Slot Launches -
Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.
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First Woman to Win a WPT Playground Championship -
Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.
NHL Odds: Oilers-Blackhawks at the United Cente -
Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.
2017 Partypoker.net WPT Playground main event Results -
Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.
IGT In Deal With Norsk Tipping -
International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.
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