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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."
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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