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Yggdrasil strikes strategic Franchise deal with Flow Gaming in Asia

George Miller

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Northern Lights selects Yggdrasil's revolutionary GATI technology as interface to access global markets
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Yggdrasil Gaming has signed a strategic Franchise IP licensing agreement with Flow Gaming, allowing the content supplier to take greater control of its B2B iGaming operation and to optimise its market roadmap offering. 

As part of the Franchise licensing agreement, Flow Gaming will have access to Yggdrasil’s entire end-to-end game development process, the YG platform including its new GATI product (Game Adaption Tools & Interface), game promotional tools via BOOST™, and access to content created by YG Masters partners.

As a Franchisee to Yggdrasil, Flow Gaming will be able to effectively source and offer its own game content for distribution to its targeted market and cross-collaborate with other Franchisees globally, enabling it to accelerate the territorial reach and drive incremental revenue opportunities.

Flow Gaming is an Asian market leader in distributed casino technology and next-generation services. Their platform has the power to deliver the best video slots combined with the most advanced back office and reporting tool. Flow Gaming enables its Asian clients to outperform the competition and to stay ahead of the innovation curve. Over years of growth and success, Flow Gaming have recognised the importance of nurturing strategic relationships that reflect its culture of unwavering ethics and mutual respect.

Peter van Tuyl, COO of Flow Gaming, said: “We are very excited to partner up with one of the best and most innovative iGaming solutions and slots provider in Europe. Yggdrasil is one of the companies we have had our eye on for a long time. They have fantastic content that will do well with our Asian customer base. With our extensive marketing knowledge and tuned infrastructure for Asian distribution, this will be a very good concept for both parties.

“The Yggdrasil Franchise proposition is a new and very clever approach to on-boarding their content and technology. It will allow us to optimise and enhance our business strategy, and we can’t wait to become a Franchisee.”

Björn Krantz, Head of Publishing at Yggdrasil, said: “We are absolutely delighted to sign this very strategic Franchise partnership with Flow Gaming.

“With the Yggdrasil Franchise offering, Flow Gaming will be able to provide its partners with a blueprint of what’s made Yggdrasil one of the most innovative and successful iGaming suppliers in the industry. 

“In the Franchise package everything that has been created by Yggdrasil over the past seven years is delivered. All the innovation, all the development, knowledge, experience and on-going support as a complete out-of-the-box games platform solution. As such, the Franchise solution is the enabler for partners around the world to take full control of their iGaming business and facilitate next level business collaborations.”

Asia

Adriano Ho to Take Over as Director of DICJ Next Month

Niji Narayan

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Adriano Ho to Take Over as Director of DICJ Next Month
Photo Source: ghi888.com
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Lei Wai Nong, the Secretary for Economy and Finance, has confirmed that Adriano Ho will take over as the Director of Macau’s Gaming of Inspection and Coordination Bureau (DICJ) on June 10, replacing Paulo Martins Chan.

Chan will step down on June 9 with Ho to be formally appointed the following day.

Lei said that progress on amendments to Macau’s gaming law, which is set to form the legislative basis for the retendering of gaming concessions, will not be affected by the change of director.

“The authority of making decisions about the gaming law are in the hands of the Chief Executive and the five Secretaries. The DICJ’s job is mostly to execute our decisions and policies,” he said.

Ho is currently a key advisor to the Secretary for Security, Wong Sio Chak, having previously headed the Police Criminal Investigation Department and the Gaming-related and Economic Crimes Investigation Department.

Discussing the appointment with media, Lei expressed his belief that Ho has enough experience in the field of gaming to perform his new role but denied his appointment was intended to strengthen regulations on gaming operators.

“Regulating the gaming industry is a persistent work for the government, it is not future tense. No matter who is the DICJ director, we’ll continue with our regulation as usual to ensure healthy development of the gaming industry,” Lei said.

The Secretary also emphasised that Chan’s departure is a “normal personnel change,” revealing Chan had offered his resignation last year but had been retained for another six months to aid transition – even though his tenure had been extended by a full 12-months until 1 December 2020.

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Asia

Suncity Group Venture Secures Casino Operating License for Vietnam IR Hoiana

Niji Narayan

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Suncity Group Venture Secures Casino Operating License for Vietnam IR Hoiana
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Hoi An South Development Co Ltd, the Vietnam-based joint venture of which Suncity Group holds a 34% stake, has secured a casino operating license for its Vietnamese integrated resort, Hoiana. The license is valid until 10 December 2080.

Hoiana, a joint venture between Suncity, Chow Tai Fook and VinaCapital Group, is located in Hoi An South in Vietnam’s Quang Nam province, with the US$1 billion Phase 1 development to span more than 165 hectares. It will include a casino, restaurants, an 18-hole golf course and more than 1000 hotel rooms.

“I am thrilled to be granted a Casino Operating License in Hoiana. We are now ready. The Casino Operating License will visualize my re-imagination of Suncity. Hoiana is now finally allowed to open its doors to offer guests an authentic Vietnamese experience embellished with sun, sea and sand,” Alvin Chau, CEO of Suncity Group, said.

“This is a very exciting time to witness my vision for Suncity to sprout from ground zero into a truly integrated resort company – a true metamorphosis for Suncity. Stay tuned for Hoiana’s exclusive preview in the summer and the Grand Opening in 2021,” Alvin Chau added.

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Asia

Jumbo Technology Partners with Perception Gaming to Donate Php2 Million for Philippine Pandemic Support

Niji Narayan

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Jumbo Technology Partners with Perception Gaming to Donate Php2 Million for Philippine Pandemic Support
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Taiwan’s Jumbo Technology has teamed up with Philippine gaming product distributor Perception Gaming to donate Php2 million (US$40,000) to Philippine Orthopaedic Centre and PGH Medical Foundation.

Jumbo has also delivered 6000 mask gaskets, mask covers, hypochlorous acid water generators and other personal protective equipment (PPE) to local staff and communities for epidemic prevention and protection.

“Although we haven’t yet seen a light at the end of the pandemic crisis tunnel, Jumbo is committed to doing our best to help fight against the pandemic. Meanwhile, we are grateful for every front-line healthcare worker’s sacrifices, courage and dedication,” Jumbo said.

In response to the pandemic crisis, Jumbo Technology has taken precautionary measures to safeguard the domestic working environment of its employees. It also provides essential supplies to employees and strategic business partners overseas to minimise the risk of infection.

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