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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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