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Soft2Bet to enter Japanese market with AlfCasino

George Miller

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Soft2Bet to enter Japanese market with AlfCasino
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Casino and sportsbook group Soft2Bet is to go live in Japan for the first time with the launch of its popular AlfCasino brand.

A full suite of live casino games and table games will be available at the site to satisfy the demands of the important market.

Soft2Bets’s partners Evolution will be supplying its live casino, as well as multiple versions of Baccarat, Dragon Tiger and dice games. The titles are set to be rolled out along with the already extensive portfolio of Roulettes, Blackjack tables and Game Shows – Live Casino games with a presenter, such as Money Wheel, Monopoly, Deal or No Deal.

The move will also see the online casino offering players the most popular local payment options such as Ecopayz, StickPay and Venus Point.

Teodora Breskovska, Head of Casino at Soft2Bet, said: “We are thrilled to be entering Japan with AlfCasino, the first brand in our portfolio to be available in this exciting market.

“Looking forward, we are planning to expand our offering to the customers with more games by more software suppliers, as well as a greater variety of promotions to reward the customer’s loyalty. So, stay tuned!”

Soft2Bet currently operates with SGA, MGA, and Curacao licences, with further certification within the EU set to follow.

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Asia

Donaco Reopens DNA Star Vegas

Niji Narayan

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Donaco Reopens DNA Star Vegas
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Donaco International has reopened DNA Star Vegas with limited operations on September 25.

Donaco does not expect any material additional expenses to be incurred following the limited reopening of the casino as the border with Thailand, where most of the casino’s patrons have traditionally originated, remains closed.

The company will continue to maintain its tight cost control strategy, while operations remain at limited operating capacity – and management will maintain the discretion to tailor up or down the pace of operations to local conditions.

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Asia

Macau Lawmaker Jose Maria Pereira Coutinho Calls for Legalisation of Online Gambling

Niji Narayan

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Macau Lawmaker Jose Maria Pereira Coutinho Calls for Legalisation of Online Gambling
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Macau lawmaker Jose Maria Pereira Coutinho has urged the enclave government to legalise online gambling in order to help overcome the economic challenges brought about by the COVID-19 pandemic.

“Macau should introduce interactive gaming. The Macau SAR government should establish official standards and regulations on interactive gaming, and develop interactive gaming software together, in order to increase revenue from gaming tax and to further develop gaming industries,” Coutinho said.

Gross gaming revenue in Macau is down 81.6% January through August, casino win totalling roughly $4.5 billion. The six licensed casino operators in the Chinese Special Administrative Region won approximately $24.8 billion during the same eight months in 2019.

Taxes from casino gambling account for nearly 90% of Macau’s government revenue. With the money plummeting due to the coronavirus, and the enclave largely isolating itself from the rest of the world, including the mainland, Coutinho believes taking casinos online is a viable remedy.

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Asia

IEC Secures Casino Licence in Manila

Niji Narayan

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IEC Secures Casino Licence in Manila
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Hong Kong-based International Entertainment Corporation (IEC) has obtained a provisional licence to operate a casino in Manila.

In June the firm, which operates New World Manila Bay Hotel and Casino through its subsidiary Marina Square Properties (MSPI), said it planned to redevelop an unnamed existing hotel to create a new integrated resort (IR) in the capital.

In a filing on Friday, it confirmed it has received a letter from the Philippine Amusement and Gaming Corp (PAGCOR) conditionally approving the issuance of a provisional licence.

The firm said: “MSPI and PAGCOR will further negotiate for the terms of the provisional licence agreement to be entered into between PAGCOR and MSPI in relation to the grant of the provisional licence.

“As and when there is further development in relation to the provisional licence agreement, the company will comply with all relevant requirements, and where necessary, make further announcements in accordance with the Listing Rules as and when appropriate.”

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