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LT Game has revealed that it has plans to enter social gaming

Thursday November 20,2014 :  L.T. GAME PLANS SOCIAL GAMING ENTERPRISE
 
Macau firm hopes to expand into the online environment.
 
Macau gambling equipment and game supplier LT Game has revealed that it has plans to enter the social gaming arena early next year with a play-for-fun product.
 
Chairman Jay Chun also has hopes that the Macau ban on internet gambling for real money may be lifted amidst industry lobbying for change.
 
Such a development would see his company prepared to participate, he said this week.
 
The social gaming products Chun envisages will be casino based slot or table games, but not for real money. Instead, a more social gaming-oriented rewards system would be implemented, he said.
 
LT Game's new initiative will embrace both desktop and mobile delivery channels.
 
A recent study by Transparency Market Research  estimated that the social gaming market will reach a value of $17.4 billion by 2019, growing at a compound average growth rate of 16.1 percent.
 
The report pegged the Asia Pacific market share in this sector at 45 percent.
 
Asian nations like Singapore and China are apparently concerned that social gaming - increasingly popular and with massive player participation due to the mobile revolution - may spill over into what they class as illegal online gambling, and they are currently grappling with the problem of legally distinguishing between the two sectors.
 
Whether real money changes hands on the outcome of a game appears to be the point of departure; social gaming supporters argue that social players do not play for the chance of winning money, and the way in which the games are designed do not allow the player to convert in-game credits to actual money or real merchandise outside the game.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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