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Betsoft Gaming Underlines Another Year of Achievement with G2E Asia 2019 Award Win

George Miller

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Betsoft Gaming Underlines Another Year of Achievement with G2E Asia 2019 Award Win
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Betsoft Gaming is celebrating more success with an award win in the Best B2B Digital Product Solution category at the annual G2E Asia Awards. Betsoft was named the winner as a result of the company’s expanding game portfolio, product development and world class support available to their clients.

Key judging criteria included the quality of providers’ content, cross-platform integration potential, innovation in themes and mechanics, the strength of B2B back office support, and consideration for new and emerging regulated markets.  In each of these areas, Betsoft demonstrated clear strength:

“We are extremely proud to have been voted by the industry as the Best B2B Digital product Solution,” said Annamaria Anastasi, Marketing Director for Betsoft Gaming. “This acknowledgment from our industry is reward for the innovation shown from all parts of our business over the last year. It cements our path to deliver even more creative elements over the next 12 months.”

This year’s G2E Asia Awards were held at the Parisian in Macao on the 21st May. A major fixture on the two-day G2E Asia calendar, the awards are adjudicated by a panel of more than 50 independent industry experts.

 

About Betsoft Gaming:

Betsoft Gaming is the market leader in cinematic casino content and gaming solutions, working with 200+ of the most successful casino operators worldwide.  Since 2006, the Betsoft brand has been synonymous with commercial success and innovation. Its portfolio of more than 190 RNG titles are proven to attract, engage, and retain players. Headquartered and licensed in Malta, Betsoft operates in more than 15 regulated markets, with its games being independently certified by Gaming Labs International. Visit www.betsoft.com to try our games.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Asia

Marina Bay Sands Seeks SG$8 Billion Loan for Casino Expansion in Singapore

Niji Narayan

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Marina Bay Sands Seeks $8 Billion Loan for Casino Expansion in Singapore
Photo Source: mothership.sg
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Marina Bay Sands, a subsidiary of US-based Las Vegas Sands, is going to apply for a loan to raise $8 billion fund for its casino expansion in Singapore.

In April, the casino revealed plans for adding a new tower at the existing property in Singapore. However, the company officials later clarified that the new tower would not host gambling operations.

“Marina Bay Sands would have to woo both existing and new lenders to achieve success with this exercise. The borrower has not raised such a size before and it is also unprecedented for the market in Singapore,” A loan broker in Singapore said.

This could be the second biggest syndicated loan in the country. Though the casino’s financials are strong, the company may still find it difficult to raise the funds.

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Asia

Resorts World Manila to Reopen Casino’s Second Floor Next Month

Niji Narayan

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Resorts World Manila to Reopen Casino’s Second Floor Next Month
Photo Source: wikipedia.org
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Kingson Sian, the CEO of Travellers International Hotel Group, has announced the reopening of Resorts World Manila next month. The venue is owned by a joint venture between Genting Group and Alliance Global Group’s, Travellers International Hotel Group, Inc.

In 2017, a disgruntled, failed gambler attacked the Resorts World Manila in order to rob it, but ultimately decided to set it on fire. The arson resulted in the deaths of 38 people and heavily damaged the casino’s second floor. The resort has not been operational since.

Kingson Sian said that it will be “an entire new floor of gaming space,” and, “As we expand the gaming space, we are attracting not only locals but also foreign players to come, and we can develop new junket relationships.”

Sian further told the investors that, once the venue is completely operational again, it will offer 465 gaming tables and 2300 slot machines. The total number of gaming positions will be greater than what was offered before the attack.

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Cambodia Grants 13 Casinos Licenses in Four Months

Niji Narayan

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Cambodia Grants 13 Casinos Licenses in Four Months
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The authorities in Cambodia have granted 13 casino licences in the first four months of this year. Ros Phearun, an official in the Ministry of Finance in Phnom Penh, said that the authorities had now granted a total of 163 casino licences and 91 of the licences were for casinos in the province of Preah Sihanouk.

“We have granted a lot of licences, but there are actually only 51 casinos in operation. The rest are now being built, while some have halted operations. The rise in the number of casinos reflects the increase in tourists, particularly Chinese,” Mr Phearun said.

He said the government is expecting US$70 million in tax revenue from the gaming industry this year. He also added that the relevant ministries had finished drafting legislation governing gaming, and that the respective bill would be sent to the Council of Ministers soon, with a view to its eventual enactment.

“With this law, we hope that to attract more big casino investors and increase revenue from the industry. I think that, as a result of this law, revenue collected from the industry will double,” Phearun said.

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