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Nektan Launches Into Asia

George Miller

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NEKTAN LAUNCHES INTO ASIA
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Monday, 5 March 2018 – Nektan plc (AIM: NKTN), an international B2B and white label gaming software and services provider, has successfully launched into the Asian market with its previously announced global platform deal for its Evolve Lite gaming system with Malta based gaming company, Tyche Digital Malta Limited (“Tyche“).

With more than 200 Asian games and other gaming content from a number of leading suppliers, including Realistic Games, Pragmatic Play™, Booongo Gaming and Pocket Games Soft, Tyche is integrating Nektan’s content aggregation platform into its Asian partner sites.

Gary Shaw, Nektan CEO, said:

Our platform is now live across Europe, Asia and the US. We are seeing strong commercial traction with Tyche in its core Asian markets. We are pleased with the level of commercial engagement so far and look forward to delivering on the significant pipeline of opportunities that Tyche is developing and gradually ramping up revenue generation through 2018 and beyond.

Vyacheslav Grzhybovsky, Tyche CTO, commented:

We’ve been delighted with the speed and efficiency of Nektan’s team and platform to deliver the content and technical requirements needed to move forward and further grow in Asia. We are now delivering against a number of signed contracts with the prospect of more partner deals over the course of the year.

Further information on Nektan can be found on the Group’s website at www.nektan.com

 

About Nektan:

Nektan is an international B2B and white label gaming software and services provider, operating in the regulated, interactive real money gaming (RMG) gaming space, delivering original and innovative solutions to commercial organisations that have established online audiences.

Nektan’s full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus on marketing the product to their consumers.

Nektan’s US operating subsidiary, provides US land-based casinos with in-venue mobile gaming solutions which allow operators to add mobile technology and content to their existing offerings, with products accessible to players across both cabinets and mobile devices inside the casinos. Respin has a strong intellectual property portfolio including game patents for Rapid Games™ (on-property mobile entertainment), and other captivating concepts and brands.

Nektan is headquartered in Gibraltar, regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market and maintains sales and customer support operations in its two primary geographical targets, Europe and North America.  The proprietary Evolve technology is developed and maintained by a talented and experienced team of employees from Nektan’s Indian office.

Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.

Asia

APE Supports “Earth Hour” For A Second Successive Year

George Miller

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APE Supports “Earth Hour” For A Second Successive Year
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Asia Pioneer Entertainment Holdings Limited has pledged to support the largest global environmental movement event – “Earth Hour” by turning off all unnecessary power and lights at 8:30p.m. on 28th Mar, 2020. It is the second year in a row that APE has joined this meaningful event.

The “Earth Hour” event was started by World Wildlife Fund (WWF) since 2007. Until now, more than 180 countries participate on this event every year. Thousands of landmarks across the world, including the Eiffel Tower, Sydney Opera House, Tower Bridge, etc., switch off the lights to raise the importance of protecting the nature. Ever since APE joined this symbolic “lights-out” event in Mar 2019, they have also taken a series of other measures such as decreasing the waste of paper and water. The Company is determined to take more actions in the future that will contribute to making the environment better.

“We received great support from our staff on last year’s event, besides turning off the unnecessary energy in the office, some of our team’s families also joined the event by switching off the lights at their own homes. This is the second year that APE participates at the “Earth Hour” event and we want to express APE’s commitment on providing a better environment by joining this event, and we encourage our staff and their family to join this event, like they did last year.” said Mr. Herman Ng, Chief Executive Officer and Executive Director of APE.

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Asia

Singapore IRs Tighten Casino-entry Rules

Niji Narayan

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Singapore IRs Tighten Casino-entry Rules
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Singapore’s two integrated resorts (IRs), Marina Bay Sands (MBS) and Resorts World Sentosa (RWS), have restricted public access to their properties in an effort to contain the coronavirus outbreak.

Marina Bay Sands and Resorts World Sentosa said that the entry will be permitted only to annual levy holders. At MBS, Sands Rewards Club (SRC) members with Gold status or higher are welcomed.  At RWS only existing Genting Rewards card members can gain access.

“We apologise in advance to other would-be patrons who will not be permitted access to the casino, but seek their understanding that it is a necessary measure,” MBS said.

Both the properties also have taken steps to ensure that there is not more than one person per 16 square metres of usable space.

“These new measures are in addition to initiatives that had already been in place in the casino as a result of the COVID-19 situation, such as opening and closing alternate areas/game types to reduce crowding, and significantly increasing cleaning and disinfection,” it added.

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Asia

Japan’s Blockchain Contents Association Proposes New Gaming Guidelines

Niji Narayan

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Japan’s Blockchain Contents Association Proposes New Gaming Guidelines
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The Blockchain Contents Association (BCA) in Japan has proposed a new set of guidelines. BCA is a self-regulatory organisation that aims to protect users from blockchain-based gaming and social media content.

The guidelines are in line with local laws including the Law for Preventing Unjustifiable Extra or Unexpected Benefit and Misleading Representation, the Payment Services Act and the Financial Instruments and Exchange Act.

“Through the new guidelines, we aim to help our users use content with peace of mind and contribute to the healthy development of the blockchain contents industry in Japan,” Hironao Kunimitsu, president of BCA, said.

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