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Hong Kong’s Alphaslot enters global gaming market

Niji Narayan

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Hong Kong’s Alphaslot enters global gaming market
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Alphaslot, a gaming technology provider based in Hong Kong, is going to enter the $200 billion global gaming market on the wings of its recent membership in the Macau Gaming Equipment Manufacturers Association (MGEMA).

“Alphaslot connects the gaming machines with customers on the casino floors synergistically overcome the limitations around interoperability, user experience, security and advance the widespread adoption of blockchain technology.” said MGEMA in an announcement. “It’s our honor that Alphaslot can join us and be a part of MGEMA. In the coming year, MGEMA will continue to strengthen and establish support of our member’s business development and strive to provide a platform for Macao economic growth, diversity and innovation hub.”

“Alphaslot’s commitment to fostering innovations and regulations in gaming has been significantly strengthened by our very first membership in Macau with MGEMA.” said Raymond Chan, Alphaslot Founder and CEO. “MGEMA is the absolute gateway to Macau’s wide-ranging entertainment sector. It is our great honor to granted admission in MGEMA alongside the America’s IGT, Australia’s Aristocrat, Japan’s Konami and Aruze and Singapore’s WEIKE at the largest entertainment city in the world.”

 

About Alphaslot:
Alphaslot is an entertainment focused blockchain foundation to create a transparent and reliable ecosystem for casino operators, regulators, and manufacturers. The tokenized motivation system provides customers with incentives to stay engaged and acting as a catalyst to bring growth for the steady-state gaming industry.

About MGEMA:
The Macau Gaming Equipment Manufacturers Association (MGEMA) was launched in Macau SAR in 2012 with the objective to work towards the diversification of economic strategies pursued by the government of Macau SAR. This initiative ensures that the opportunities created contribute to the development of the gaming equipment manufacturing and supporting sectors in Macau through its promotional campaign: “Designed in Macao”, “Incorporating Macao Concepts” and “Made in Macao”.

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Singapore Games Association Launches

Niji Narayan

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Singapore Games Association Launches
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A new association has been launched in Singapore to bring local Esports and gaming to world stage.

The Singapore Games Association (SGGA), formerly Singapore Games Guild (SGG), officially launched with the mission of creating a sustainable local gaming and esports ecosystem as well as attract more esports events to the region.

SGGA is operating with support from Enterprise Singapore, Infocomm Media Development Authority and the Singapore Tourism Board. SGGA will serve as the sovereign city-state’s primary trade association for gaming and esports.

SGGA’s initiatives will begin by hosting an Industry Day on August 7-8 for local game professionals, as well as those hoping to enter the industry. In the third quarter of 2020, SGGA will launch its paid membership programme, which is open to all companies registered in Singapore, as well as Singapore-based individuals including freelancers.

The SGGA also announced the Singapore Esports initiative to establish industry-wide standards for hosting esports events and to celebrate the achievements of the Singaporean esports community.

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Asia

Companies Continue Japan IR Bid Despite Covid-19

Niji Narayan

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Companies Continue Japan IR Bid Despite Covid-19
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Four of the five front-running companies in the bid for three integrated resort (IR) licenses are keen on competing despite the Covid-19 pandemic, according to a survey conducted by the Japan Integrated Resort Association (JIRA).

JIRA conducted the survey in June. The survey covered 132 companies that are involved in the bidding process. As many as 88 companies said they are willing to continue bidding, with 16 respondents suggesting that they are more interested now. Only one among the top-five companies that are tipped to win the bids answered that they are “less interested” in the project now in view of the Covid-19 situation.

Many companies, 118 to be exact, admitted that their bidding preparations had been affected by the pandemic-induced situation.

As expected, a majority of companies (61.4%) suggested problems in international travel as the main hindrance.

Among the respondents, 59.0% expect difficulty in forecasting demand, while 40.9% are concerned with the cost of infectious disease control measures.

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ITL bill acceptor expands into Southeast Asia

George Miller

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ITL bill acceptor expands into Southeast Asia
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A bill acceptor (CBA9) designed specifically for Southeast Asia has been introduced to the market to simplify cash handling for OEM’s that export throughout the region. Already dominating the vending industry in China, the market-leading, field-proven banknote validator is now available in Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand & Vietnam. Following consumer and market demand, ITL are keen to roll-out its accessibility to this vast Southeast Asia region.

Kravitz Liew is ITL’s Business Development Manager for Southeast Asia based in Malaysia. Kravitz commented, “The CBA9 is a cost-effective bill acceptor and boasts a quick transaction time (2-3 seconds) and advanced note-to-note processing capabilities. With its enhanced sensing technology, the CBA yields a high acceptance rate for the Southeast Asian currencies which we have currently available and we are delighted with the positive interest we have received from key Manufacturers in the region. Since I started working for ITL back in February this year, I have built up strong relationships with our customers in Southeast Asia and CBA9 is proof that we are providing the right product for the demands of the region.”

Kravitz continued, “Due to the product’s modular design, the CBA9 can be upgraded to add a note recycler to suit customer needs. It is particularly suited to vending and amusement industries where it offers exceptional field reliability. Free remote updates (including MDB) are available too giving our customers excellent value for money.”

Concluding Kravitz said, “The CBA9 is devised to maximise cash efficiency for customers requiring quick transactions and I am delighted to be able to offer our customers this solution. Southeast Asia is an important region for us, and we look forward to seeing a fast and widespread take-up of this cost-effective bill acceptor in the region.”

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