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Hong Kong Jockey Club partner with Racing Post and SIS for Betting Shop Manager of the Year

George Miller

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Hong Kong Jockey Club partner with Racing Post and SIS for Betting Shop Manager of the Year
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Final 24 candidates to battle it out for once in a lifetime trip to Hong Kong

 The Hong Kong Jockey Club will be flying out this year’s Racing Post/SIS Betting Shop Manager of the Year winner and their partner to Hong Kong for a five-day feast of racing and hospitality of the highest order.

The trip will take off with business class flights and a visit to the historic Happy Valley racetrack for the Jockey Club’s famous Happy Wednesday night racing, before the guests settle in to the first of five nights in a luxurious five-star hotel.

Before the lucky winner and their partner go on to a day of full hospitality at Sha Tin on FWD Champions Day on Sunday 26th April, they will also be hosted at the FWD Champions Day Gala Party on Friday night.

The final field has been whittled down to just 24 and the winner will be announced at the Betting Shop Manager of the Year awards lunch at the Grosvenor House Hotel in London on 11th November.

George Irvine, Commingling Development Director at the Hong Kong Jockey Club, said: “Betting shops up and down the UK work tirelessly to offer a great service for their customers, so we’re delighted to be rewarding this year’s Betting Shop Manager of the Year winner with an exciting trip to Hong Kong.

“FWD Champions Day, with three Group 1 races on the card, will be a fantastic day’s racing, while Happy Valley is a bucket list trip for many racing fans. We’ll also be throwing in business class flights, five-star accommodation and a great night for the winner and their partner at the FWD Champions Day Gala Party. From everyone at the Hong Kong Jockey Club, we’d like to wish the best of luck to the final 24.”

Richard Ames, SIS CEO, said: “Betting on international horse racing continues to grow in the UK and this exciting prize will allow this year’s Racing Post/SIS Betting Shop Manager to experience racing from two of the sport’s most iconic venues.

“We’ve been really impressed with the calibre of entries for this year’s competition. The very best of luck to all our finalists as they compete against each other to claim this luxury VIP trip.”

Alan Byrne, Chief Executive and Editor-in-Chief at the Racing Post, said: “Those who have been lucky enough to enjoy racing at Happy Valley and Sha Tin will immediately recognise what a magnificent prize this is for our overall winner.

“Not only does the Racing Post cover racing at both tracks, we are also proud partners of the Hong Kong Jockey Club. It is wonderful that the HKJC are supporting the competition by offering this once-in-a-lifetime trip for the winner of the 2019 Racing Post/SIS Betting Shop Manager of the Year.”

Asia

FunFair’s blockchain platform localised for Japan

George Miller

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FunFair's blockchain platform localised for Japan
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FunFair Technologies, the leading Isle of Man-licensed blockchain gaming platform, has localised their Guaranteed Fair gaming platform for the Japanese market.

Previously only available in English, FunFair has enabled Japanese as the first localised language on its technology. FunFairs’ blockchain gaming technology is viewed by its partners as a great fit for Japanese players as Japan is one of the few regulated cryptocurrency markets and is home to some of the most experienced blockchain players globally. This sizable audience is tech-savvy, young, affluent and is in alignment with the Guaranteed Fair principles of FunFair’s core technology. More so, FunFair’s non-custodial wallet allows users to hold complete control of their funds, and access them from any browser globally. This feature paired with FunFair’s technology sets it apart from traditional operators, where funds rest in the custody of the company.

Fred Kessler, CPO at FunFair Technologies Europe Ltd, said: “We’ve been advised by our partners for some time that Japan is a great market due to its regulatory framework around cryptocurrency. The authorities there have been advocates of how cryptocurrency and blockchain technology will encourage growth in Japan. In fact, JPY is the second largest traded currency against Bitcoin after USD and this makes it an excellent choice for our first platform localisation.

We’re really looking forward to increased engagement with this new addition to FunFairs’ product proposition, we continue to push our product and technology forward with our aim to bring blockchain technology to the masses and to the forefront of gaming entertainment”

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Asia

Morgan Stanley Report Says Macau GGR Will Continue to Fall This Year

Niji Narayan

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Morgan Stanley Report Says Macau GGR Will Continue to Fall This Year
Photo Source: worldtravelguide.net
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In a new report, Morgan Stanley has revealed that it expects gaming turnover in Macau will plunge 35% this year, more than double the bank’s previous estimate of a 16% contraction.

Earlier, the government projected a 50% drop in 2020 GGR because of the COVID-19 outbreak. GGR there fell by a record 87.9% in February amid a 15-day government-enforced casino closure. Now, the analysts expect the March number to decline 75% to 80% on a year-over-year basis.

Nearly all of Macau’s roughly 40 casinos are currently operational – a few are being used as quarantine centres for screening and treating coronavirus patients – but the Special Administrative Region (SAR) is still enduring strict restrictions.

Lack of clarity on when Beijing will lift the IVS halt is prompting analysts to speculate that the first nine months of this year will essentially be a wash for Macau concessionaires and that no noticeable uptick in GGR will materialise until the fourth quarter.

“While we expect recovery to be slow, we anticipate VIP to turn around faster and Peninsula to benefit from land-based visitation,” Morgan Stanley said.

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Asia

Suncity Group Announces Delay to Launch of Hoiana Casino Resort

Niji Narayan

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Suncity Group Announces Delay to Launch of Hoiana Casino Resort
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Suncity Group has announced the postponement of the launch of its Hoiana casino resort in Vietnam due to the ongoing coronavirus crisis.

In a press release, Alvin Chau Cheok Wa, chairman of Suncity Group Holdings, said: “In summer 2020, we will unveil Hoiana Phase 1 for the first time ever in an exclusive preview, with the grand opening now scheduled in 2021.”

He said the new timeline for the opening of the Hoiana casino resort’s first phase was “a consequence of the uncertainties” brought on by the COVID-19 crisis.

“Suncity’s investment in Vietnam is intended to stay for a very long time,” he said.

Suncity is one of the investors in the Hoiana casino scheme and according to previous filing the group’s listed business is to handle casino operations there.

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