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Cryptologic could benefit from its investment in MT
Cryptologic's investment in online mahjong gaming software company Mahjong Time could bring some solid rewards following an agreement signed this week between the mahjong software provider and its second licensee, the Chinese online entertainment provider Ai Media.
In terms of the agreement Mahjong Time will soft launch an online Ai Mahjong operation at the end of this (September) month. The site will offer tournament style four player mahjong specifically designed for the Chinese marketplace.
Ai Media spokesmen said that the company and its strategic partner have an important strategic advantage - it offers its own payment solution via a proprietary 'smart card'. Several major banks in China, including Industrial and Commercial Bank of China, China Construction Bank and China Merchants Bank, accept the card, which is used by over 11 million people and is currently attracting approximately 20 000 new daily subscribers.
Ai Media publishes and operates games from overseas game developers in China, and distributes those games to more than 50 percent of the Internet cafes in China. The company and its partners have nationwide access to the Chinese market and hold all the necessary licenses required for legal games operation in China. Ai Media has nationwide marketing/sales , customer support, and dedicated data centres in all major Chinese cities and is licensing Mahjong Time software for use as the game platform and engine for an Ai Mahjong brand.
"Ai Media has been investing in the China online entertainment space for many years," said Olivia Hollaus, Director of Ai Media Group. "We have to be extremely careful in selecting the best games for the largest and most competitive market in the world. It is extremely expensive to market and launch a successful game and it takes years to capture and build a loyal customer base. That is why we have partnered with Mahjong Time, a proven company that provided us with a secure mahjong game that will appeal to the massive Chinese marketplace, "
William Sutjiadi, CEO of Mahjong Time said: "Our unique partnership with Ai Media demonstrates Mahjong Time's commitment to working with companies who offer value and vision, and to delivering the best software solutions to our customers. Our in-browser mahjong game offers Ai Mahjong players a secure and customizable destination to fully enjoy the most popular game in the world."
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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