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QTech announces global ambitions for 2019

Zoltan Tundik

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QTech Games delivers Tournament-winning product for reliable retention
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Fast-moving, Asia-focused distributor appoints Markus Nasholm to expand global footprint

QTech Games, Asia’s fastest-growing games distributor, has appointed Markus Nasholm to the new role of Global CEO, as it seeks to extend its presence and influence across the industry.

Nasholm has recently arrived at QTech Games after successful stints at Bet24 (part of the Kindred Group) and the casino and sports affiliate, Catena Media. There, he routinely proved himself across a suite of senior roles, having taken the reins as Chief Financial Officer in 2016. Showcasing a series of core capacities, from managing finance projects (featuring an IPO / listing on Nasdaq Stockholm Mid-Cap market) to broader international finance planning, Nasholm quickly established himself as a rising star of igaming.

Equally adept in the key domains of Corporate Development and M&A, this Chartered Accountant and MBA is well-equipped to oversee a brand’s maturation throughout worldwide markets, emerging or established, with a keen eye for global strategy.

Now Nasholm brings all his expertise and 15-plus years of industry experience to bear at one of the world’s leading online gaming platforms, based in the gaming mecca of Manila. Having already secured its status as the number-one aggregator in Asia, QTech Games has tasked Nasholm with replicating those gains across breakout territories, like LatAm and Africa, over the year ahead.

The Board of QTech Games issued a statement saying: “We’re thrilled to have installed Markus at the helm of the QTech team for 2019 and beyond. We’ve always been intent on recruiting only the best personnel on the planet, not just the best games, and this key hire is an embodiment of that mission statement.

“We now have a Global CEO who has proved himself in high-growth gaming arenas, from start-ups to venture-capital vehicles and on to multinational blue-chip companies. This breadth of multi-dimensional experience, allied to his innate team leadership and flair for bottom-line accountability, made Markus the logical choice to wisely steward the expansion of our global footprint into new territories.”

Nasholm himself added: “It’s a hugely exciting time to be taking on this new challenge alongside a few of the brightest minds in the industry, coupled to some of the most pioneering technology. After a successful 2018 of double-digit growth, enhancing the speed and performance of all games on its platform, QTech has careered into the industry consciousness with a series of new deals and innovative tools.

“Just take the landmark launch of our new campaign tool in Q4 2018 that will enable operators to run campaigns across the entire QTech portfolio. Such is the collective quality and passion of the team – from our machine-learning software to our targeted departments for Africa and Latin America – the distributional scope is there to facilitate QTech Games’ transition into one of the largest providers of digital entertainment around.”

 

About QTech Games:

QTech Games is the fastest growing game distributor in Asia. Its mission is to find the best online (RNG) games in the world and distribute them to operators in Asia. Mobile games provide the central focus of the company, which is premised on a fully-owned and customised technical platform that affords games providers and operators the fastest, most effortless integration on the market. Through this platform, clients enjoy the best performance and customer support available. QTech Games’ goal is to become the largest provider of digital entertainment in Asia by 2021.

Asia

Singapore Casinos to Remain Closed Beyond June 1

Niji Narayan

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Singapore Casinos to Remain Closed Beyond June 1
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The gaming venues of Singapore’s Resorts World Sentosa and Marina Bay Sands are to remain shut beyond June 1, the Casino Regulatory Authority (CRA) of Singapore confirmed.

Singapore will see three-quarters of its economy resume normal operations when measures to fight the Covid-19 pandemic are eased from June 2, the government said last week.

“The Ministry of Trade and Industry announced on 19 May the list of businesses which are allowed to resume operations from 2 June 2020 onwards. Casinos are not included within the list,” CRA said.

“The government will further monitor and assess developments in the Covid-19 situation to determine the appropriate timelines for the gradual resumption of more businesses and activities, including the casinos,” it added.

“With the phased approach, we are ready to help our workers go back to work and allow businesses to resume in a safe way,” the government said.

Marina Bay Sands said on its official website that the property “remains closed in support of the Singapore government’s ongoing efforts to combat the Covid-19 situation.”

“We are working closely with the authorities on our reopening schedule, in line with Singapore’s gradual resumption of business activities in phases,” it added.

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Asia

Adriano Ho to Take Over as Director of DICJ Next Month

Niji Narayan

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Adriano Ho to Take Over as Director of DICJ Next Month
Photo Source: ghi888.com
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Lei Wai Nong, the Secretary for Economy and Finance, has confirmed that Adriano Ho will take over as the Director of Macau’s Gaming of Inspection and Coordination Bureau (DICJ) on June 10, replacing Paulo Martins Chan.

Chan will step down on June 9 with Ho to be formally appointed the following day.

Lei said that progress on amendments to Macau’s gaming law, which is set to form the legislative basis for the retendering of gaming concessions, will not be affected by the change of director.

“The authority of making decisions about the gaming law are in the hands of the Chief Executive and the five Secretaries. The DICJ’s job is mostly to execute our decisions and policies,” he said.

Ho is currently a key advisor to the Secretary for Security, Wong Sio Chak, having previously headed the Police Criminal Investigation Department and the Gaming-related and Economic Crimes Investigation Department.

Discussing the appointment with media, Lei expressed his belief that Ho has enough experience in the field of gaming to perform his new role but denied his appointment was intended to strengthen regulations on gaming operators.

“Regulating the gaming industry is a persistent work for the government, it is not future tense. No matter who is the DICJ director, we’ll continue with our regulation as usual to ensure healthy development of the gaming industry,” Lei said.

The Secretary also emphasised that Chan’s departure is a “normal personnel change,” revealing Chan had offered his resignation last year but had been retained for another six months to aid transition – even though his tenure had been extended by a full 12-months until 1 December 2020.

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Asia

Suncity Group Venture Secures Casino Operating License for Vietnam IR Hoiana

Niji Narayan

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Suncity Group Venture Secures Casino Operating License for Vietnam IR Hoiana
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Hoi An South Development Co Ltd, the Vietnam-based joint venture of which Suncity Group holds a 34% stake, has secured a casino operating license for its Vietnamese integrated resort, Hoiana. The license is valid until 10 December 2080.

Hoiana, a joint venture between Suncity, Chow Tai Fook and VinaCapital Group, is located in Hoi An South in Vietnam’s Quang Nam province, with the US$1 billion Phase 1 development to span more than 165 hectares. It will include a casino, restaurants, an 18-hole golf course and more than 1000 hotel rooms.

“I am thrilled to be granted a Casino Operating License in Hoiana. We are now ready. The Casino Operating License will visualize my re-imagination of Suncity. Hoiana is now finally allowed to open its doors to offer guests an authentic Vietnamese experience embellished with sun, sea and sand,” Alvin Chau, CEO of Suncity Group, said.

“This is a very exciting time to witness my vision for Suncity to sprout from ground zero into a truly integrated resort company – a true metamorphosis for Suncity. Stay tuned for Hoiana’s exclusive preview in the summer and the Grand Opening in 2021,” Alvin Chau added.

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