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Synergy Blue Signs Distribution Deal with Jade Entertainment

Niji Narayan

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Synergy Blue Wins Golden Dice Award at ICE 2020
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Synergy Blue, the skill-influenced casino games provider, has signed a landmark distribution deal with Jade Entertainment Solutions.

The agreement expands Synergy Blue’s reach to Asian Pacific markets, where Jade Entertainment will provide sales distribution and localised support for the company’s unique “Hybrid Arcade Wager-based Gaming” (HAWG) platform and their vast library of arcade-style casino games.

“This agreement is a great step for Synergy Blue and we’re very excited to work with Jade Entertainment, who are experts in their market. New trends are driving innovation in entertainment worldwide and gambling preferences are evolving to reflect that. Providing a variety of new experiences with the quality and engagement level that players now expect is crucial. This is what our game library was built for and we’re excited to expand our offering to the Asia Pacific region,” Georg Washington, CEO of Synergy Blue said.

The agreement provides Jade Entertainment with full access to Synergy Blue’s GLI/BMM approved library of arcade-style, skill-influenced—all built on the company’s unique HAWG® platform, which provides unmatched flexibility for operators by allowing them to tailor gameplay and math variants to best fit their individual regulations and customer bases.

“We’re very eager to bring Synergy Blue’s expansive library of games to the Asian Pacific markets. The amount of variety and flexibility built into their products is very compelling for operators and the styles are just what today’s players are asking for. We look forward to working with Synergy Blue and helping guide casinos toward a fun, successful future,” Joe Pisano, CEO of Jade Entertainment said.

Synergy Blue’s arcade-style machines distributed by Jade Entertainment will be available in both a single title and multi-game configuration, allowing casino guests to choose from a variety of exciting titles.

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Asia

Donaco Reopens DNA Star Vegas

Niji Narayan

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Donaco Reopens DNA Star Vegas
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Donaco International has reopened DNA Star Vegas with limited operations on September 25.

Donaco does not expect any material additional expenses to be incurred following the limited reopening of the casino as the border with Thailand, where most of the casino’s patrons have traditionally originated, remains closed.

The company will continue to maintain its tight cost control strategy, while operations remain at limited operating capacity – and management will maintain the discretion to tailor up or down the pace of operations to local conditions.

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Macau Lawmaker Jose Maria Pereira Coutinho Calls for Legalisation of Online Gambling

Niji Narayan

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Macau Lawmaker Jose Maria Pereira Coutinho Calls for Legalisation of Online Gambling
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Macau lawmaker Jose Maria Pereira Coutinho has urged the enclave government to legalise online gambling in order to help overcome the economic challenges brought about by the COVID-19 pandemic.

“Macau should introduce interactive gaming. The Macau SAR government should establish official standards and regulations on interactive gaming, and develop interactive gaming software together, in order to increase revenue from gaming tax and to further develop gaming industries,” Coutinho said.

Gross gaming revenue in Macau is down 81.6% January through August, casino win totalling roughly $4.5 billion. The six licensed casino operators in the Chinese Special Administrative Region won approximately $24.8 billion during the same eight months in 2019.

Taxes from casino gambling account for nearly 90% of Macau’s government revenue. With the money plummeting due to the coronavirus, and the enclave largely isolating itself from the rest of the world, including the mainland, Coutinho believes taking casinos online is a viable remedy.

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IEC Secures Casino Licence in Manila

Niji Narayan

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IEC Secures Casino Licence in Manila
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Hong Kong-based International Entertainment Corporation (IEC) has obtained a provisional licence to operate a casino in Manila.

In June the firm, which operates New World Manila Bay Hotel and Casino through its subsidiary Marina Square Properties (MSPI), said it planned to redevelop an unnamed existing hotel to create a new integrated resort (IR) in the capital.

In a filing on Friday, it confirmed it has received a letter from the Philippine Amusement and Gaming Corp (PAGCOR) conditionally approving the issuance of a provisional licence.

The firm said: “MSPI and PAGCOR will further negotiate for the terms of the provisional licence agreement to be entered into between PAGCOR and MSPI in relation to the grant of the provisional licence.

“As and when there is further development in relation to the provisional licence agreement, the company will comply with all relevant requirements, and where necessary, make further announcements in accordance with the Listing Rules as and when appropriate.”

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