Tag Archives: Hong Kong
China – Hong Kong protests and falling Yuan affecting Macau’s GGR
The Macau casino sector is being hit with a double whammy with China’s trade war with the US causing a fall in the value of the Chinese Yuan and the effects of the protests in Hong Kong both now filtering through to Macau. Both have been highlighted as potential reasons for a sudden drop in…
Hong Kong – Aruze Gaming CEO and Okada ally steps down
Aruze Gaming has appointed a new CEO with former CEO Takahiro Usui, an ally of troubled founder Kazuo Okada, notifying the Board of his intention to resign as Chairman of the Board and CEO on June 30, 2019, citing personal reasons. Group CFO/CSO, Yugo Kinoshita has been promoted to the position of Chief Executive Officer…
Hong Kong – Alphaslot and Synergy Blue sign deal for Blockchain Technology
Blockchain gaming platform Alphaslot and Synergy Blue, the premier creator of skill-based games and platforms for an emerging class of players, have announced an agreement to explore bringing innovative entertainment solutions using Blockchain technology to casino gaming in the American, Asian and European markets. The strategic alliance allows Synergy Blue to explore how Alphaslot’s blockchain…
Hong Kong – Alphaslot puts new players at forefront of global Blockchain strategy
The Blockchain-based computing platform, Alphaslot, has confirmed it will place a core focus on new player acquisition and ensuring content connects with unique international markets as the company prepares to build bridges between differing gaming ecosystems from casino games, console games, and eSports. Alphaslot claims it will advance the widespread adoption of Blockchain technology in…
Hong Kong – Former Universal boss Kazuo Okada arrested in Hong Kong
Japanese gaming company Universal Entertainment has said that its former Chairman Kazuo Okada and his associate Li Jian, have been arrested in Hong Kong by the Independent Commission Against Corruption in relation to the claims that he defrauded Okada Holdings of $19.7m. He is already under investigation from the Philippines Department of Justice for $10m…
Hong Kong – Hong Kong Jockey Club turnover reaches £12bn
Turnover at the Hong Kong Jockey Club has risen to £11.9bn (HK$124.2bn) representing a 5.8 per cent increase year-on-year, while the total amount wagered with commingling partners reached £1.6bn (HK$16.5bn); a massive increase of 154.8 per cent on last season’s £625m (HK$6.5bn). Commingling turnover, which includes everything bet into the HK pools from foreign territories,…
China – Sportradar at the heart of Hong Kong’s football integrity
The Hong Kong Football Association (HKFA) has demonstrated its on-going commitment to integrity by hosting a week-long integrity programme for players and officials across the territory. The programme has been developed and run by HKFA partner, Sportradar as part of their collaboration, focused on educating and protecting players from potential match fixing approaches. A total…
China – Landing International look to go private
Hong Kong-based Landing International’s owner Yang Zhihui has announced his intention to take Landing International Development private. The company operates Landing Casino in Korea and Le Ambassadeurs Club in London. It is currently building Jeju Shinhwa World in South Korea in the south-western part of Jeju Island. The takeover offer is required by the Hong…
China – VSoftCo opens Hong Kong office
VSoftCo, a specialist software development company in the global virtual sports market, announces that it has opened an Asia region office in Hong Kong to support VSoftCo’s expansion into the Asian market. The new office will provide localised client facing services and account management in support of VSoftCo’s development into the Asian market. VSoftCo, which…
