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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.
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.
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.
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