Connect with us
SIS

Asia

Paradise completes first stage of investment at Incheon

Niji Narayan

Published

on

Paradise completes first stage of investment at Incheon
Reading Time: 1 minute

 

Paradise SegaSammy Co Ltd, a joint venture between South Korean casino company Paradise Co Ltd and Japanese gaming developers Sega Sammy Holdings Inc., has completed the first stage of phase its €1.2 billion Paradise City casino resort at Incheon, South Korea.

As per the company press release, the second stage of the project, involving mostly non-gaming facilities, will start on September 21.

Paradise City is designed as a foreigner-only casino. It was launched alongside a hotel and a convention hall back in April 2017. The new amenities are a shopping mall, a boutique hotel, a spa, a club, a film studio, a family entertainment compound and an art gallery.

The second stage of phase one will involve adding 110k square metres of floor space divided in the 58-room Art Paradiso hotel, a premium spa, a club, an art gallery, a shopping mall, a film studio with the moniker Studio Paradise, and a family entertainment facility known as Wonderbox.

According to the company, the venue received 310,000 visitors in the first 100 days of operations, a number expected to continue to increase as the companies continue to invest in the development.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Asia

ITL signs trading partner agreement in Southeast Asia

George Miller

Published

on

ITL signs trading partner agreement in Southeast Asia
Reading Time: 2 minutes

 

Innovative Technology (Asia Pacific) Pty Ltd have secured a new trading Partner in Singapore, Southeast Asia.  Lionex Electronics (S) Pte Ltd headquartered in Singapore are one of the largest electronic component distributors in Southeast Asia, and a leading supplier for many leading brands. They also have a subsidiary company (AGM) who have offices in Jakarta, Indonesia.

Commenting on the partnership Tony Morrison, Sales Director said, “We are pleased to welcome Lionex on board, our first Trading partner in Singapore. The group has dedicated resources and office locations in Singapore and Indonesia, so this will help open-up new regions and expand the distribution of our products across a vast area of Southeast Asia.  Our focus initially with be the Indonesian market where AGM – their local brand – will promote and support our products from their Jakarta office.  This partnership will provide high potential for long term growth in Vending, Retail, Banking and Kiosk sectors. To begin with they will focus on some of our core products such as BV20, CBA9, NV10, NV200 and SMART Payout – these products fit easily into this diverse entry level market. As our partnership grows it will be exciting to see products like the NV200 Spectral and our new Spectral Bunch Note Feeder (BNF) hit this market in the very near future.”

Speaking on behalf of Lionex Electronics, Madeline Lai said,“Founded in 1976, we are well-established and have resources across Asia, offering total solutions to our valued customers – including logistical systems, application support and technical services. We feel honoured to be associated with the Innovative Technology brand and we believe that the ITL range will bolster our core offering and further define our footprint into the smart sector. This is the first organisation who we have partnered with to provide cash validation products, so we are excited about including their state-of-the-art product range within our offerings.  This partnership will help grow our potential in all the markets we serve, and we look forward to seeing this mutually beneficial agreement flourish.”

Continue Reading

Asia

Japan Approves New Scheme to Stem Problems Related to Gambling

Niji Narayan

Published

on

Japan Approves New Scheme to Stem Problems Related to Gambling
Photo Source: straitstimes.com
Reading Time: 1 minute

 

As part of a plan to stem problems related to gambling, Japan is going to launch a scheme which limits people’s access to casinos and other betting establishments as well as removing cash machines from these locations. The move comes ahead of the opening of several casinos in the country.

As  per the plan, prefectures in the country will also formulate their own rules to counter any gambling-related problems.

“We will create a healthy society by thoroughly implementing measures based on the basic plan in order to prevent people from finding themselves in difficult situations,” Chief Cabinet Secretary Yoshihide Suga said.

Under the basic plan, operators of slot machines, pachinko parlours and government-operated gambling venues, including horse racing and keirin racing tracks, have been asked to remove cash machines from their facilities. Pachinko parlour operators are urged not to allow customers to enter their premises if requested by family members. The authorities also urged horse racetrack operators to utilise facial recognition systems to restrict the entry of gambling addicts.

Other measures in place include a proposal on putting up warnings about gambling addiction on newspapers, magazines, and TV commercials. It also urges the country’s 47 prefectures and 20 major cities to set up treatment facilities for gambling addicts by 2020.

Continue Reading

Asia

SoftGamings to Take Part in G2E Asia 2019

Niji Narayan

Published

on

SoftGamings to Take Part in G2E Asia 2019
Reading Time: 1 minute

 

SoftGamings, a B2B casino platforms provider and gaming systems aggregator, is going to take part in G2E Asia 2019.

G2E Asia 2019 in Macau is the perfect opportunity for SoftGamings and other companies to present their achievements. Almost all biggest Asian casino operators will attend the event to find the best upgrades and additions for their systems.

G2E Asia 2019 is the perfect opportunity for SoftGamings to let everyone know about their recently established partnership with Betradar. SoftGamings earned the Betradar certificate in 2019 and is now one of the official providers of their quality live betting and pre-match solutions.

One thing that SoftGamings plans to present to the Asian and the world market is their unified API integration system which brought them the success they enjoy today. It allows casino operators to go through the integration process just once and gain access to games from dozens of software providers. Some of these include NetEnt, Evolution Gaming, Microgaming, Asia Gaming and more.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.