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ProGaming Platforms in deal with Zenetek LLC

Wednesday February 20,2013 : PROGAMING IN SOUTH EAST ASIA DEAL
 
Puzzle game central aspect of joint venture agreement
 
Israeli-based multiplayer online gaming platform provider ProGaming Platforms Inc. entered into a joint venture with Zenetek LLC, a wholly owned subsidiary of California-based Anything Technologies Media, this week.
 
In an initial twelve month deal, the JV seeks to market ProGaming's online gaming services in the South East Asian market where Zenetek will be granted exclusive representation and distribution rights for the China, Taiwan, Hong Kong, Vietnam, Singapore and Indonesia markets.
 
Zenetek will use Pro Gaming's puzzle game to serve the online advertising industry by marketing multiplayer tournaments with the purpose of driving traffic to designated web sites.
 
Participants compete against other players in the puzzle game in a race to complete a virtual jigsaw puzzle. Players are awarded points for each piece they correctly place according to the positioning of the piece.
 
Each puzzle includes a background image to guide players, and when a player successfully places a piece of the puzzle, that piece will "jump" into its correct position on the screens of all participating players, eliminating the puzzle piece from play for other players but awarding points to the player who placed it.
 
Other aspects of the game include a Scramble button, golden puzzle pieces with further features planned such as social network scoring links and an online shop.
 
Robinson To, chief executive officer of Zenetek, commented: "This joint venture with ProGaming provides us with the platform to gain tremendous market share for our gaming platform for years to come and has great potential to increase revenues for both ProGaming and Zenetek.
 
“Based upon the increases we have seen in gaming and mobile gaming in the US and more 'Western' markets, the Asian cultures and their affinity for gaming will far surpass the US.  In many ways, the Asian markets in our sector already have experienced significant increases and Zenetek is gaining market share at a rapid pace.  Our joint venture with ProGaming Platforms will only accelerate that pace. "
 
"We are very excited about our extraordinary opportunity working with Zenetek to capture a significant share of the fast-growing Southeast Asian gaming market," added Erez Zino , ProGaming's CEO.  . "This opportunity comes at a strategic time for us to showcase the exciting, robust capabilities of  our Platform, which can  turn virtually any Web-based game into a lucrative, rewards-based competitive game of skill.
 
"With the explosive growth of Asian social networking platforms on the Internet, users are increasingly demanding quality online entertainment that is interactive, fun and challenging. ProGaming's new puzzle game answers that call and more," Zino concluded.
 
A rather slow-loading tutorial type demo of Pro Gaming's puzzle game can be viewed at: http://www.progamingcorp.info/introduction.swf
 
In related news, ProGaming entered into a share swap agreement with BioMedix Ltd and will utilise the funds raised to add personnel, fund additional joint venture projects and acquire technology resources.
 
"ProGaming is continuing its efforts to improve cash flow, which will also improve our financial condition and should result in share price appreciation. Our long-term plan includes seeking to upgrade our share listings to higher level exchanges including foreign listings in the future," said Zino.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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