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LCG starts offering trading in crypto

Niji Narayan

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LCG starts offering trading in crypto
Photo Credit: Dan Kitwood/Getty Images
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The UK-based London Capital Group (LCG) has started a new service that would allow its clients to trade contracts for difference (CFDs) products in cryptocurrencies.

The new service will accept both Bitcoin and Ethereum, two of the major cryptocurrencies.

Customers will be able to trade cryptocurrencies as pairs against fiat currencies, including the US dollar, euro, Swiss franc, Great Britain pound and Japanese yen.

LCG has linked up with Global Advisors Holdings Limited to develop the extended service.

“Cryptocurrencies have grown in prominence and popularity amongst traders in recent years,” LCG said.

“Underpinned by innovative blockchain technology, cryptocurrencies are not issued or controlled by central banks or government agencies.”

“Their decentralised nature forms part of the appeal for traders, as cryptocurrencies, theoretically, cannot be manipulated or interfered with by outside forces.”

“Highly susceptible to news and announcements, cryptocurrencies are prone to market volatility, providing ample trading opportunities.”

Opening up to crypto will carve out a new opportunity for LCG. On average, crypto customers are worth double the value of those who are yet to embrace the payment method, Winning Poker Network CEO Phil Nagy said in June.

Asia

Japan Tourism Agency Issues IR Proposal Timeline

Niji Narayan

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Japan Tourism Agency Issues IR Proposal Timeline
Photo Source: ethicalboardroom.com
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Japan Tourism Agency has announced further details on the IR licensing schedule.

The Agency explained it will accept proposals from local governments between January 4 and July 30, 2021. Therefore, we can expect Japan regions to pick IR consortium partners in late 2020 and early 2021.

The Agency also disclosed it has conducted consultations with interested governments. The Tokyo Metropolitan Government, prefectures of Hokkaido, Nagasaki, Osaka, and Wakayama; and the cities of Chiba, Nagoya, Osaka, and Yokohama contacted them.

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Asia

PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines

Niji Narayan

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PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines
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PAGCOR chair Andrea Domingo is going to present the opening Keynote for the inaugural G2E Asia @ the Philippines, to be held at Marriott Manila on December 3–4, 2019.

Organisers of G2E Asia revealed that Ms. Domingo would speak at 10 am on December 3, with other speakers including Resorts World Manila’s Chief Gaming Operations Officer Hakan Datas and Melco Resorts & Entertainment’s SVP and Chief Information Officer, Avery Palos.

G2E Asia @ the Philippines is the newest addition to the G2E Asia series of events, held annually in Macau each year since 2007. Focused on the development of emerging ASEAN markets and comprising an exhibition, educational conference, summit and various networking opportunities, G2E Asia @ the Philippines is being held in cooperation with PAGCOR, addressing the land-based and online gaming operators across Asia.

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SYNOT Games Signs Content Deal with Aspire Global in Denmark

Niji Narayan

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SYNOT Games Signs Content Deal with Aspire Global in Denmark
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SYNOT Games has signed a content deal with Aspire Global in Denmark. SYNOT’s popular titles like Respin Joker, Book of Secrets, Alchemist’s Gold and Golden Myth will become available to the residents of Denmark with brands operating under the Aspire Global network.

Aspire Global has been operating under a gaming license in Denmark for several years and has been granted the license until 2023.

“I am happy that we are able to bring fresh, new content to the Danish market with a respected and established provider such as SYNOT Games. Our aim is to continually provide our clients with the best solutions to achieve mutual success and we look forward to achieving further growth with this partnership in the future,” Jov Spiero, VP Sales at Aspire Global said.

“We are absolutely thrilled to launch our games in Denmark and reach new audience. We highly value partnership with Aspire Global, and it has enabled us to enter several flourishing markets,” Milan Ždímal, COO of SYNOT Games said.

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