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FashionTV Gaming Group launches in Asia

George Miller

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FashionTV Gaming Group launches in Asia
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The Mega Brand online exceptional venture is set to sublicense its brand to operators and Software developers in Asia, to run FashionTV branded verticals for the first time via its unique B2B licensing model at G2E Macau

 

FashionTV Gaming Group, one of the fastest-growing companies in the global online gaming industry, is entering the Asian market for the very first time with a sublicensing model that will allow an exclusive number of Asian operators and software suppliers to leverage on the FashionTV brand power.

Following its 2019 series of successful launches in Europe, India and Africa, FashionTV Gaming Group, backed by the FashionTV global network, which enjoys over 2 billion viewers around the world, will unveil its B2B sublicensing model at the G2E Macau conference taking place between 21st-23rd May.

The model will allow operators and suppliers in Asia to run FashionTV branded gaming verticals such as fashiontvcasino.asia, fashiontvsport.asia, fashiontvlotto.asia, and fashiontvpoker.asia amongst others as well as develop and produce their own FashionTV branded games, such as Live dealer games etc. Other FashionTV franchise opportunities are available for operators offering bingo, scratch cards, fantasy sports, social games, skill games and more.

Being part of this franchise means that operators and suppliers can capitalise on the global reach and power of the FashionTV mega brand to significantly reduce the high marketing costs incurred when launching a new online gaming operation or branded game in markets across Asia.

FashionTV Gaming Group platforms already offer more than 5,000 slots, and live dealer and table games from 15+ game studios and software providers including, Microgaming, BetConstruct, The Stars Group, NetEnt, Evolution Gaming,Aspire Global , Playtech Affiliate Software Platform and more.

Aviva Baner, Head of Media, at FashionTV Gaming Group, said: “FashionTV is one of the most recognised brands in the world, and we have already enjoyed huge fast-growing success the online gaming space through the various FashionTV Gaming Group ventures with distinct partners around the world.

“We have identified Asia, FashionTV’s biggest global market, as a market that offers tremendous opportunities to expand our reach even further. We are looking to work with operators and Software suppliers interested on leveraging on the potential of this mega brand power, by launching online gaming websites and branded games across the region.

“This is a great opportunity for the Asian Online Gaming Industry to partner with us, and we look forward to working with various partners to join us in entering the Asian market whilst establishing FashionTV Gaming Group onto a truly global success story.”

FashionTV Gaming Group will be exhibiting at G2E Macau with members of the team on hand at stand D1405 to talk to delegates about their plans for the Asian market, as well as this unique B2B sublicensing model and discussing potential licence grants.

The Group will also be hosting daily fashion shows during the expo to allow delegates to sample the glamour and style that has made FashionTV a global phenomenon.

Asia

Vietnam Police Bust $859 Million Online Gambling Ring

Niji Narayan

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Vietnam Police Bust $859 Million Online Gambling Ring
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Vietnam Police have busted an online gambling ring worth$859 million in northern Hung Yen Province, leading to 20 arrests.

Police seized several mobile phones, computers, SIM cards and around VND2 billion ($85,963) in cash as evidence. Authorities also froze over 100 bank accounts involved in the case.

The ring, operating millions of accounts since 2018, is the largest in Hung Yen yet uncovered, provincial police said.

Among the arrests, Le Tuan Vinh, 32, Tran Thi Ngan, 30, Hoang Van Tan, 32 and Hoang Van Nham, 28, are considered the masterminds.

The four masterminds managed five level-one agencies via five different gambling websites, with its server located outside Vietnam.

Each website would have around 20 level-one agencies assigned to it and each level-one agency would have dozens of level-two agencies below, all spread across the country.

These agencies display gamblers’ personal info like phone numbers or social media accounts publicly, so that players can get in touch with each other and perform transactions. The investigation is ongoing.

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Asia

Yokohama Mayor Fumiko Hayashi Keen to Publish IR Implementation Policy in August

Niji Narayan

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Yokohama Mayor Fumiko Hayashi Keen to Publish IR Implementation Policy in August
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Yokohama Mayor Fumiko Hayashi has issued a statement urging the central government to push ahead with releasing its basic policy on IRs so the candidate city can stick to its own IR schedule.

Commenting at a city council meeting on the fact that Yokohama is yet to publish its own implementation policy, Hayashi said, “I believe the central government knows that Yokohama would like to make its announcement in August.

“In principle, if the government publishes [the basic policy], we can make the August schedule. But if the country cannot issue its basic policy, we will have to rethink this.”

Currently, the application period for candidate locations and operators to submit their bids to the central government is set for January to July 2021.

The mayor described this as a “really tough schedule,” suggesting there could be further delay to the city’s implementation policy draft.

In April, Yokohama postponed its implementation policy publication from June to August to prioritise measures against the spread of COVID-19. Mayor Hayashi commented that changing the schedule was not ideal considering the implications for the operators, but did not go as far as requesting a schedule change from the central government.

Kazuyoshi Akaba, Minister of Land, Infrastructure, Transport, and Tourism, said in a press conference that, “[confirmation from each local government has been obtained] and currently none of the local administrations are saying that it poses an obstacle.

“The basic policy draft will be decided in consultation with the relevant ministries and agencies. Currently discussions with the Casino Administration Committee have yet to reach a conclusion.”

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Asia

Kazakh President Signs Amendments to Law on Gambling Industry

Niji Narayan

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Kazakh President Signs Amendments to Law on Gambling Industry
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Kazakhstan President Kassym-Jomart Tokayev has signed the law “On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Gambling.” Bookmakers will be moved to Kapshagay and Schuchinsk gambling zones.

Earlier it was reported that the government of Kazakhstan wanted to create three new game zones in the country, however, deputies of the Parliament abandoned this idea and excluded this rule from the draft law. Now all bookmakers will be moved to the two existing gaming zones – Kapshagay and Schuchinsk.

In order to have information about the players, they will create a unified betting centre in the country and the player’s relatives will be able to limit the right to place bets appealing to court. All bets received by the bookmaker in cash or through electronic payment systems should be accounted in a single monitoring centre.

A single accounting of all payments received by the bookmakers will eliminate the shadow turnover, increase tax collection and simplify control. A database of players will contribute to the introduction of universal declaration, the introduction of a procedure for limiting and self-restricting a client from betting and will also strengthen measures to fight money laundering related to crime and the financing of terrorism.

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