Asia
All Seven Bids for Macao’s Six Gaming Concessions Accepted
Macao’s six gaming operators – and the seventh outside bidder – will be on tenterhooks over the next few weeks as the Gaming Concession Public Tender Committee weighs up their competing tenders which were unsealed last Friday.
Seven companies submitted bids for the granting of up to six gaming concessions before the public tender’s submission deadline on Wednesday last week. The newcomer is GMM Limited, which is linked to Malaysia’s Genting Group.
The six new concessions, which are slated to start operating on 1 January next year, will run for 10 years.
Currently, Macao’s gaming industry comprises three concessions (SJM Resorts Limited, Galaxy Casino Company Limited, and Wynn Resorts (Macau)) and three sub-concessions (MGM Grand Paradise Limited, Venetian Macau Limited, and Melco Resorts (Macau) Limited). The three concessionaires sold one sub-concession each.
Macao’s new gaming industry law, which was promulgated earlier this year, expressly bans the granting of sub-concessions.
The new gaming law stipulates that the government can grant up to six gaming concessions by public and open tender for 10 years, with a possible extension of up to three years in exceptional circumstances.
Macao’s current three gaming concessions and three sub-concessions will expire on 31 December.
The government set up a nine-member committee in July to oversee the gaming concession tender. The committee includes three of Macao’s five policy secretaries: Secretary for Administration and Justice André Cheong Weng Chon, Secretary for Economy and Finance Lei Wai Nong, and Secretary for Social Affairs and Culture Elsie Ao Ieong U. The committee is headed by Cheong.
The committee started to unseal the seven bids at 10 am on Friday, when the committee’s members, a representative from the Public Prosecutions Office, and representatives from the seven bidders attended the session.
The committee completed unsealing all seven bids at 6:40 pm the same day.
After examining and reviewing the seven bids, the committee decided to accept all of the current six gaming operators’ respective bids, while the GMM bid has, however, been “conditionally” accepted.
Nevertheless, the committee did not mention what GMM will need to do in order for its bid to be finally accepted.
The Gaming Concession Public Tender Committee will assess the submitted bids in compliance with the respective laws and regulations as well as the requirements listed in the government’s regulation governing its assessments of bids for future gaming concessions. The assessments will also include discussions and consultations with the accepted bidders.
Speaking on Friday morning, Cheong said that the government did not have a timetable as to when it would complete assessing the accepted bids, but he underlined that the government will complete its process to grant the new gaming concessions by the end of this year.
Onlyplay has entered into a strategic partnership with online casino and betting company Ritchie Rabbit within the Asia region.
Ritchie Rabbit is said to have “extensive expertise and deep understanding of the Asian market,” which helps Onlyplay as it seeks to expand its presence in the region.
Through this deal, Onlyplay will introduce a range of games and features designed specifically for the Asian gaming community.
Onlyplay offers a wide range of games such as instant win, slots and crash games, and will now provide games for players in Asia.
Christina Muratkina, CEO of Onlyplay, said: “It is a great pleasure for us to develop the Asian region alongside Ritchie Rabbit. We recognize the immense potential of the Asian market and are committed to delivering top-notch gaming content and experiences to players in the region. This partnership represents a significant step forward in our efforts to offer innovative and engaging games that resonate with our Asian audience.”
The post Onlyplay Enters into Strategic Partnership with Ritchie Rabbit appeared first on European Gaming Industry News.
FBM® kicks off a new chapter of its Champion journey in the Philippines with the launch of FBM E-Motion! The online gaming platform disclosed yesterday in the FBM Champion’s Night event held at Xylo at The Palace in Taguig marks a historic moment for the global gaming brand in its pursuit of redefining the gaming experience of Filipino players.
FBM E-Motion promises to change the way local players interact with the FBM games. The online casino games developed under the FBM Group are now available for players in the Philippines to enjoy anytime and anywhere. Whether it is a video bingo, a slots theme or a table game, Filipino gaming enthusiasts have the control in the palm of their hands to start joyful gaming sessions.
One platform, multiple benefits for the players
The FBM E-Motion introduction means significant improvements to the local players’ gaming experience in multiple areas. The game’s accessibility is more convenient, as customers can access the platform with any desktop or mobile device.
Besides the improved accessibility, FBM E-Motion offers more gaming options since players can have fun playing various game categories from different providers. With more variety of gaming choices comes thrilling gaming opportunities as FBM E-Motion keeps users engaged with regular promotional campaigns, jackpots and bonuses to conquer.
In terms of safety and reliability, FBM E-Motion guarantees the highest quality standards. The platform got the license from PAGCOR, and all gaming services offered follow the excellence standards practiced by the FBM brand in the land-based universe, meeting all the criteria regarding legality and compliance with gaming regulations.
FBM E-Motion can be described as a user-centric platform, due to the prioritization of users’ needs, preferences, and overall satisfaction through a 24/7 dedicated customer service available in bingo halls nationwide.
This platform also stands out as the only digital platform allowing Filipino players to enjoy FBM games online in the Philippines.
FBM E-Motion is a game changer in the Filipino online gaming landscape
The release of FBM E-Motion materializes a new entertainment era for the FBM Group in the Philippines. With this step, FBM adds a new layer of engagement with the players’ community, allowing customers to try their favorite FBM titles inside and outside bingo halls in ways that were not possible.
The user-friendly interface of FBM E-Motion facilitates smooth navigation, stimulating players to try a solution crafted with cutting-edge technologies, attending to the latest trends of innovation and entertainment in this Asian country. Players can immerse themselves in a diverse range of memorable gaming experiences with FBM® exclusive games and video bingos, slots or table games provided by different providers.
The launch of FBM® E-Motion kicks off FBM®’s journey in the world of online gaming in the Philippines. With its promise of innovation, excitement and accessibility, the platform is ready to captivate players and redefine the future of their gaming experiences.
The post FBM(R) launches FBM E-Motion: the newest online gaming platform for the Philippines appeared first on European Gaming Industry News.
Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.
LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.
The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.
The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.
The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.
Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.
“We are looking forward to collaborating and strengthening our content library with their diverse games.”
The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.
“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”
The post Hub88 partners with LiveGames to enhance content offering appeared first on European Gaming Industry News.
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