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Mahjong Time gains access to 50 percent of the Internet cafés in China

Dublin based online gambling software provider Cryptologic's involvement in Mahjong Time is opening doors in Asia, the latest a Mahjong Time deal which gives access to a remarkable 50 percent of the Internet cafés in China, the company claims in a statement this week.
 
Crypto invested in Mahjong Time, which develops and supplies software for the modern online equivalent of the ancient game and is an official partner in the burgeoning World Series of Mahjong. 

BodogLife Casino“All of CryptoLogic’s Asian investments are meeting or exceeding their targets - and ours," crows Brian Hadfield, CryptoLogic’s President and CEO. "We knew the global mahjong market had huge potential, and that potential is quickly turning into reality. As CryptoLogic’s Asian business continues to grow, our investments in different partners and platforms enable us to penetrate each market more effectively for the benefit of our customers, our players and our shareholders.”
 
Under the agreement signed this week, Mahjong Time is empowered to take advantage of a comprehensive marketing presence in more than 30 provinces and 251 cities through some 1 200 wholesale distributors, claims William Sutjiadi, CEO of Mahjong Time.
 
“Thanks to CryptoLogic’s investment, we’ve been able to grow even more quickly, capitalizing on the enduring popularity of a game enjoyed by more than 600 million people worldwide,” he explained.  “Our partnership with various Asian licensees demonstrates Mahjong Time’s commitment to work with companies who offer value and vision, and to deliver the best software solutions to our customers.”
 
Cryptologic's statement characterises Asia as the next major geographic area for online gaming, quoting industry expert opinions that it could ultimately become the largest online gaming market in the world. China is now the largest Internet market with 253 million users, surpassing the United States for the world’s number one spot. 
 
Launched in 2005, Mahjong Time provides premier mahjong software and turnkey solutions. The company's website is a major online mahjong club where the worldwide community of mahjong players can play mahjong anytime, anywhere without having to download any software.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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