Interactive
China – IGG and Dynam to develop pachinko games for Macau
By Phil - 26 November 2013
IGG Inc, a fast-growing global online games developer and operator, has entered into a memorandum of understanding with Dynam Japan Holdings.
Pursuant to the MOU, IGG will be appointed by Dynam to assist with the development of next-generation pachinko machines and other electronic games, which Dynam intends to introduce to and set up at hotels and casinos in Macau, contingent upon approval by the Gaming Inspection and Coordination Bureau of Macau and other relevant authorities. Development work on next-generation pachinko machines is expected to be completed by September 2014.
Zongjian Cai, IGG’s Executive Director and Chief Executive Officer, said: “We are very excited about the opportunity to cooperate with Dynam in developing online casino games. The MOU marks IGG’s first step extending into the online real money casino games by bringing state-of-the-art computer gaming technology to the Pachinko industry. As a cornerstone investor of IGG, Dynam is a world-class leading operator of Pachinko machines. We see the appointment as a strong endorsement of our game development capabilities. IGG has rich experience in developing top-quality online casino games on both PCs and mobile devices. Our Poker Deluxe and Slot Machines games are among the best user-rated Android games among all leading casino titles. Leveraging our strong in-house game development capabilities, world-class technology and global vision evident in our game design, we are confident that the new online casino games we are about to develop will be a success.”
After completing the next-generation pachinko machines, IGG and Dynam intend to further cooperate on developing online casino games in Macau under the full compliance of all applicable laws and regulations of Macau.
IGG and Dynam will both endeavour to enter into the formal agreement upon such cooperation within 6 months from the signing of the MOU.
