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1×2 Network joins hands with Solid Gaming to enhance Asia network

Niji Narayan

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The UK-based 1X2 Network has formed a partnership with Solid Gaming, a content aggregator based on Nassau, New Providence, Bahamas, for  strengthening its network in Asia.

The partnership allows Asian operators using Solid Gaming’s content portfolio can now provide their players popular titles from Europe such as Neon Jungle, Diamond Roulette, as well as a suite of virtual sports games.

1X2 Network has built a reputation for designing and developing bold and vibrant games with intelligent math and sophisticated mechanics, delivering an unrivalled player experience.

1X2 Network chief commercial officer Kevin Reid said: “Our games are hugely popular in core markets around the world, and we are thrilled to be able to offer them to Asian operators via Solid Gaming.”

“Each of our games has been designed to take the player experience to the next level through innovative math and mechanics and stunning visuals. We believe they will be a big hit with players across Asia.”

Solid Gaming CEO Thomas Nimstad said: “We go to great lengths to ensure our game portfolio is optimised and tailored to suit the Asian market, and in this regard 1X2 Network’s suite of slots, table games and virtuals are the perfect fit.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Asia

Nepal Government Introduces New Casino Rules

Niji Narayan

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Nepal Government Introduces New Casino Rules
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The Government of Nepal has introduced a set of new rules relating to sharing of information about gamblers, management of assets and monitoring for suspicious activities.

As per the new rules, operators of brick-and-mortar casinos are required to maintain a record of visitors and players at the properties. Gambling venues should also deny access to those who are believed to be involved in suspicious activities.

The new rules mandate that the casinos must inform the government and the Nepal Rastra Bank about wins or losses of more than NPR1 million within a 15-day period. If the gambling venues suspect that a patron uses suspicious money, it has to compile a report and notify the NRB’s Financial Information Unit within a three-day period.

Under the recently adopted rules, operators of gambling venues must submit reports to the Department of Tourism in every four months. The reports must contain information proving that the casinos are not used for money laundering. Properties failing to submit the required reports could face fines of up to NPR50 million.

The newly imposed rules also contain provisions relating to sharing information about customers, casino operators and staff members. If casinos change staff, they must inform the authorities about the changes within a 15-day period.

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Asia

Melco Switches Focus to Yokohama, Withdraws from Osaka Bid

Niji Narayan

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Melco Switches Focus to Yokohama, Withdraws from Osaka Bid
Photo Source: japantimes.co.jp
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Melco Resorts and Entertainment has announced that it would focus its IR campaign on Yokohama and withdrew its participation in bidding for the Osaka Yumeshima location.

“‘Yokohama First’ is a plan that gathers a top-notch team of experts to focus on creating an IR in Yokohama city the likes of which the world has never seen. We are well prepared to carry out activities contributing to the future of Yokohama and to push forward the further development of the city as an international tourist destination. Melco is a suitable partner for Yokohama and its surrounding areas,” Lawrence Ho, Chairman and CEO of Melco Resorts and Entertainment said.

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New Chief Executive Promises to protect Macau’s Gaming and Tourism Industry

Niji Narayan

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New Chief Executive Promises to protect Macau’s Gaming and Tourism Industry
Photo Source: macaubusiness.com
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Ho Iat Seng, the new Chief Executive of Macau, has promised to protect the future of Macau’s gaming and tourism industries.

Speaking at a media conference in Beijing, Ho pointed to the “one country, two systems” principle and national security law as playing an important role in the stability of the city which in turn was vital to its ongoing prosperity.

“One can see that Macau has been doing quite well over the past 20 years in the one country aspect, including the enactment of a national security law. With such legislation, we can prevent interference by foreign influences. If they dare to come to intervene, we will make use of our law to safeguard the one country. We won’t allow foreign influences to have a hand in Macau’s affairs,” Ho said.

“Macau cannot afford to fall into chaos. Macau is a tourism city. Our major revenue comes from tourism and the gaming industry. We need to protect people’s livelihood,” Ho added.

Asked about the impending expiration of Macau’s six gaming concessions and sub-concessions in 2022 and the progress of plans for re-tendering, Ho explained that a draft had already been developed which would be refined and amended once the new administration takes over in December.

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