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Japan’s Prime Minister stresses on fair selection of casinos

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Japanese Prime Minister Shinzo Abe has reiterated the need for a fair selection of locations for the country’s first integrated resorts with casino floor.

He termed process of conducting fair, unbiased, and transparent screenings as a crucial step. The locations will be selected during a Friday meeting of the Diet’s House of Representatives Committee.

The Japanese government is currently planning to introduce Integrated Resort Implementation Bill, which would pave the way for the formation of the country’s casino industry after lawmakers approved the legalisation of casino gambling in late 2016. Generally speaking, the Implementation Bill will set out the rules under which integrated resorts with casinos would be operated.

The legislative piece, currently under deliberation in the Diet’s lower chamber, calls for the initial construction of up to three casino resorts in three different locations across Japan. According to analysts, the move could create a $25 billion gaming industry, or the world’s second-biggest casino market. Some of the world’s biggest gaming and hospitality companies have already set sights on Japan and have presented preliminary multi-billion IR plans.

While the Diet is yet to select the preferred locations for the country’s first integrated resorts, some clear favourites have emerged as the potential hosts of the properties. Osaka has been the most popular potential location among the early favourites, with Hokkaido and Nagasaki being some of the other places to have been mentioned in media outlets in relation to the future establishment of casino resorts. The participation of all three in the casino location selection process has been heavily supported by their local governments.

Chiba, a prefecture located just outside Tokyo and home to Disneyland, has too recently gained attention as a local group of small businesses has pointed to its convention centres and the country’s largest airport as well as to the strong resident support as factors that would gain its advantage in the casino location selection process. However, Chiba’s participation in that process has not been endorsed by the local government yet.

It is believed that the Diet’s lower chamber will vote on the bill next week, possibly on June 7. The piece will then have to be reviewed and voted by the House of Councillors, the government’s upper chamber.

The Diet’s regular legislative session is slated to end on June 20, but reports have emerged that lawmakers are considering extending it to the end of June or early July to provide themselves with enough time to pass the legislation.

Source: CasinoNewsDaily

Source: European Gaming Media and Events

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Skyrocket Deals with Millennium Media, Snaps up Hollywood Film Rights

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The US based tech-entertainment company, Skyrocket Entertainment, has made deal with US-based Millennium Media and acquired international rights to a number of iconic Hollywood feature films including Rambo 4, The Expendables and the Fallen franchise. Skyrocket will transform these stories and characters into new gaming content and products and migrate them into the worldwide online gambling sector.

Production of the film-branded gaming content will commence from May 2019 with expected delivery slated for 2020. The deal was struck between Skyrocket CEO, Sean O’Kelly and Millennium Media president, Jeffrey Greenstein.

“We are excited to be working with Millennium Media, adding the crown jewels of their library to the Skyrocket slate for this innovative venture. Millennium recognised the value and vast potential of this new revenue stream from day one and we’re looking forward to creating fresh and immersive gaming experiences around these well-loved films, which resonate with existing but also new audiences worldwide,” O’Kelly said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Skyrocket Deals with Millennium Media, Snaps up Hollywood Film Rights

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AGTech Wins Lottery Hardware Bid in Guangxi Zhuang Autonomous Region of China

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AGTech Holdings Limited is delighted to announce that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd has won the lottery terminals procurement tender to supply lottery terminals to the Sports Lottery Administration Center in Guangxi Zhuang Autonomous Region of the People’s Republic of China, following the winning bids in Tianjin and Hainan since 2019. The successful bid further strengthened the Company’s leading position in China’s sports lottery hardware market and demonstrated the continued competitiveness of AGTech’s lottery terminals.

John Sun, Chairman and Chief Executive Officer of AGTech said, “So far this year, AGTech GOT has already won tenders in various province, municipality and autonomous region across China, further reaffirming our hardware division’s continued dedication to and leading position in China’s lottery industry. AGTech has and will continue to enhance product innovation, ensure safety and R&D compliance, and contribute to the overall healthy development of China’s lottery market.”

 

About AGTech Holdings Limited:

AGTech was incorporated in Bermuda and its shares are listed on the GEM (Stock Code: 08279). AGTech is an integrated technology and services company engaged in the lottery and mobile games and entertainment market with a focus on China and selected international markets. A member of the Alibaba Group with around 400 employees, AGTech is the exclusive lottery platform of Alibaba Group and Ant Financial Group.

AGTech’s businesses are broadly divided into two categories:

  • Lottery (including hardware, games and systems,  provision of distribution and ancillary services); and
  • Games and Entertainment.

AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), and an official partner of the International Mind Sports Association (IMSA).

For more information, please visit www.agtech.com

 

SOURCE AGTech Holdings Limited

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGTech Wins Lottery Hardware Bid in Guangxi Zhuang Autonomous Region of China

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Pariplay Launches Dragons of the North

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Pariplay Ltd., a leading provider of Internet Gaming Systems, has launched Dragons of the North, a new online video slot that sends players on a thrilling journey to a world of fantasy and adventure.

Beautifully realised graphics further add to the game’s allure, depicting a colourful but treacherous landscape that is sure to encourage repeat play and deeper exploration into all this magical world has to offer.

Players can trigger several special reel prizes with the Golden Dragon Egg symbol, which also acts as a Wild in both the base game and free spins. Possible rewards include cash prizes, 10 free spins and one of four different jackpots with multipliers ranging from ×15 to ×1000.

“We’re very excited about Dragons of the North, which is a worthy follow-up to the incredible success of the Rumble Rhino slot that we launched in March. These games are each representative of our commitment to crafting engaging experiences with innovative gameplay features. In the case of Dragons of the North, we’ve included a special feature where each reel has its own prize, which changes with each spin,” Richard Mintz, Commercial and Marketing Director of Pariplay said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pariplay Launches Dragons of the North

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