The government of People’s Republic of China has given sanction for the development of horse racing and sports lottery in Hainan, the southernmost island of the country. The move is expected to give an impetus to the tourism activity in the province.
According to reports by the official Xinhua News, the Chinese Cabinet approved a reform agenda that includes a plan to establish a free trade zone in Hainan, which will attract foreign investors and multinationals.
The reform agenda also recommends to “explore the development of sports lottery and instant lottery on large-scale international games;” What exactly is the plan, however, is unclear.
There have been rising speculation that online betting and other gambling activities will be allowed in Hainan, which will eventually make the island a hub for land-based casinos.
One member of the group, Associate Professor Pei Guangyi at the School of Economics and Management at Hainan Normal University, published a paper in March arguing that China should legalise gaming to reduce capital outflows through foreign casinos and introduce a body of regulations.
“Since you can’t stop Chinese people from gambling, it is a better solution to make sure that foreign or private capital do not overly profit from it,” he said.
At the moment, Macau remains the only jurisdiction under China where land-based casinos are permitted.
On the mainland, residents can only partake in two forms of gambling – the China Sports Lottery and the China Welfare Lottery.
The recent reform agenda did not make mention of any plans related to casinos.
EveryMatrix to exhibit at Global Gaming Expo Asia 2018
April 25th 2018, Malta – EveryMatrix is delighted to showcase its products at G2E Asia 2018 at Stand 3041. Global Gaming Expo Asia (G2E Asia) is well-known as a key gaming and entertainment business hub across the continent and it is the essential marketplace for the Asian gaming-entertainment industry.
For local operators seeking to improve their operation, increase game offering, or find ways to deliver the most relevant content, EveryMatrix exhibits CasinoEngine and the iGaming Integration Platform, alongside our sports data feeds services, agent management system, and payment processing platform.
Having proven expertise in the European and Asian market and working with brands like Norsk Tipping, Tipico, 188 BET or K8 UK, EveryMatrix provides fast access to new and innovative gaming products and features, including a full-featured back-office, tools to manage gaming content, and various APIs and feeds to fully control the final users’ experience.
To help operators achieving a rapid growth in the Asian market, EveryMatrix preserves a team in Philippines and development centres in China and Vietnam while establishing hosting facilities in the region to operate in parallel with our European data centres to ensure the best user experience for local players.
Our proven expertise in the EU’s iGaming regulatory space and our presence in Asia, positioned EveryMatrix as a key supplier for operators that want to enter these areas using a turn-key solution or take our sports and casino solutions to integrate them alongside their gaming platform.
If you want to know more about our local development and presence on the Asian scene, get in touch or visit us at Stand 3041.
EveryMatrix is a multi-award winning iGaming software provider, delivering a full product suite including a modular iGaming Integration Platform, a fully managed sportsbook, a market leading one-stop casino content aggregator, a cross-product bonusing engine, an in-house payment processing product, and a multi-brand affiliate/agent management system.
Our products work independently and can be easily integrated with existing platforms and wallets or used in conjunction with our iGaming platform.
With offices and servers across Europe and Asia, EveryMatrix delivers custom-built solutions and local service.
Melco partners with Garena to launch esports league in Macau
Melco Resorts & Entertainment (Nasdaq:MLCO) has joined hands with digital entertainment platform Garena to launch the 2018 League of Legends Master Series (LMS) Spring Final at Studio City Macau. An audience of 2000 were present in the launch of the LMS tournament yesterday.
Mr. Geoff Andres, Property President of Studio City Macau at Melco Resorts & Entertainment, is bullish about the prospects: “We are always looking for fresh ideas to diversify the entertainment experience offered to our guests. In recent years, we have kept a close track of the increasing demand in Asia for new and unique tech-based entertainment, where eSports is now a fast-growing and major segment. We are excited by this partnership with Garena to bring the Legends Master Series Spring Final to Macau for the first time, where the event has raised the bar for destination sporting events in Cotai. In the mid-term, we look forward to further introducing highly innovative entertainment events to our customers in Macau as well as to tourists from around the region.”
Ben Lee, LMS eSports Manager of Garena, endorsed Andres’s views: “League of Legends Master Series (LMS) is the highest level professional eSports tournament of the largest scale in Taiwan, Hong Kong and Macau, though the past Spring and Summer finals were held only in Taiwan. We are grateful for the support offered from Studio City, allowing us to bring eSports closer to Macau’s enthusiasts. We hope the audience enjoyed the first-hand experience of the event; feeling the power and energy of eSports through the dynamic interactions between opposing teams. We look forward to the future development of eSports in Macau, as players continue to participate and pursue dreams to shine on the world stage.”
In recent years, eSports has emerged as a global phenomenon with rapid market growth and viewership. China accounts for over half of the global eSports audience, with the majority being aged 30 or below, an audience group which has generally been less represented in Macau’s tourism demographics. A diversified revenue stream encompassing media rights, advertising, publisher fees, sponsorship and ticketing further enhance market opportunities for eSports. Melco’s partnership with Garena is an example of how Macau continues to evolve as a multifaceted tourist destination in Asia.
Galaxy’s partner buys land in Boracay
The partner of Galaxy Entertainment Group in the Philippines has bought land on the island of Boracay, reportedly, for erecting a new casino in the island.
Galaxy Entertainment Group has been trying to open a casino resort in the area.
Rowen Aguirre, municipal executive assistant for Boracay affairs, said to media: “They have already acquired, I think, around 23 hectares in that area as of this time. I’ve heard that they’re still in negotiations with several other property owners for additional acquisition.”
Meanwhile, Philippine Amusement and Gaming Corp.’s (PAGCOR) chairperson Andrea Domingo has refuted the reports that Galaxy Entertainment Group would stop its integrated resort project in Boracay. She stated that the final decision on this issue is still to be made and there was no formal communication between PAGCOR and the Secretary of Tourism on the matter.
Tourism Assistant Secretary Frederick Alegre was the official who generated the controversy after he told news reporters that the companies involved in the Boracay project were going to drop the project: “Galaxy has said they are now looking for another venue. That is very much welcome,” local media quoted.
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