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Sihanoukville set to become Cambodia’s top casino hub

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Chinese gaming operators are rapidly transforming Cambodia’s southern coastal city of Sihanoukville into the country’s leading casino hotspot.

 

This weekend, the Nikkei Asian Review reported on the construction boom engulfing Sihanoukville, with new factories, hotels and condo towers dotting an increasingly crowded skyline thanks to the ongoing influx of Chinese investment capital.

Gambling venues are also breeding like bunnies. According to Ministry of Finance spokesperson Ros Phirun, Sihanoukville currently has 16 operational casinos, and nine more are expected to open in 2018.

Phirun said most of the Chinese-backed gaming operators “come to do online gambling,” as licensed casinos are permitted to offer live-streamed action from land-based tables to gamblers in other countries. The local online industry got an additional boost in March via the installation of a new high-speed internet submarine cable.

Cambodia had issued 79 casino licenses by the middle of this year, and Sihanoukville’s casino market is starting to rival that of Poipet and Bavet, which cater to customers who stream across the border from Thailand and Vietnam, respectively.

Aaron Ghini, general manager of Sihanoukville’s Queenco Hotel and Casino, said “in three years, Sihanoukville is going to be bigger – much bigger” than Cambodia’s other casino markets (with the exception of the capital Phnom Penh, home to NagaWorld, the country’s only truly resort-style gaming venue).

Three years ago, Queenco was a money-losing operation looking for a deep-pocketed partner to help keep the lights on. But Ghini says the business is “very profitable today” and plans to double its hotel capacity in the coming years to better compete with the city’s biggest venue, the 490-room Sokha Beach Resort.

Sihanoukville reported domestic and international tourist arrivals rising nearly one-quarter to 1.5m in the first nine months of 2017, with China accounting for 400k of the international visitors.

That would presumably immunize Sihanoukville from the threats facing Poipet and Bavet from border issues or neighboring governments lifting bans on local residents gambling at home. And even if China is serious about curbing package tours to gambling hubs, there’s always that handy online gambling safety valve.

George Miller (Gyorgy Molnar) 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.

Asia

QTech Games partners with Ezugi to elevate live casino for Asia

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9-3 QTech Games partners with Ezugi to elevate live casino for Asia

 

Leading distributor teams up with live-dealer specialist to create a definitive one-stop-shop for gaming

QTech Games, Asia’s number-one games distributor, has launched with leading live casino provider Ezugi in a breakout deal for the company which completes its definitive product portfolio, establishing QTech Games as a comprehensive one-stop-shop for global operators.

Ezugi already provides high-class mobile live dealer and desktop solutions to digital gambling businesses and brick-and-mortar casinos across international markets, such as Europe, the U.S. and Latin America. Now, though, this agreement with QTech Games’ leading platform also expands Ezugi’s geographic reach still further, opening up Asia’s array of both established and emerging markets for accelerated growth.

Ezugi’s state-of-the-art live studio delivers an unrivalled immersive experience for players, who can now enjoy these engaging, real-time table games (from classics like blackjack, roulette, baccarat and three-card poker to regional favourites such as India’s Andar Bahar) via the flexible QTech platform which offers the fastest integration on the market.

As the fastest-growing distributor in Asia over the past few years, QTech’s platform boasts the broadest gaming portfolio around, localised for each region, with native mobile apps, powerful reporting and marketing tools, and 24/7 local-language support.

QTech Games CEO, Markus Nasholm, said: “We’re thrilled to have signed this agreement with Ezugi, whose games need no introduction and are always raising the bar for cutting-edge, mobile and web live dealer gaming. Even from a soft launch in December, the response from our network of operator partners was both immediate and universal.

“It’s a real milestone moment for QTech to have finalised a definitive product set with this latest key addition to our platform. And together, we are planning to add some more exciting products over the next few months, which we intend to unveil for our flagship QTech Games Party around ICE Asia (8-9 June) at our home hub in Manila.”

Ezugi added: “It’s fantastic for us to put the final piece in place on the QTech Games jigsaw, and we look forward to their platform taking our games to new, untapped audiences across emerging markets. Ezugi’s unwavering dedication to delivering engaging live-player experiences affords customers, who love these games, the visceral thrill of playing in a real-world casino, while QTech’s peerless Asian knowledge made them the perfect partner for us. Just take Ezugi’s novel spin on a traditional Indian favourite with our Andar Bahar card game, delivered in both English and Hindi. QTech understands that there’s no chance of cracking emerging markets without delivering the best localised games that truly connect with unique cultural appetites.”

 

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Asia

Las Vegas Sands pushes hard to get Japanese IR license

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mayor-of-osaka Las Vegas Sands pushes hard to get Japanese IR licenseReading Time: 1 minute

Las Vegas Sands President courts Osaka officials, pitches multi-billion-dollar integrated resort plan.

Robert Goldstein, the president of US-based casino company Las Vegas Sands, has held meeting with Osaka Governor Ichiro Matsui and Osaka Mayor Hirofumi Yoshimura to present the company’s plans for building and running a casino in Osaka. Osaka is tipped to be one of the three locations for which the newly announced IR licenses will be issued.

Goldstein briefed the officials about Las Vegas Sands’ success in the international gambling markets and company’s plans for investment in building an greatest integrated resort in Osaka. Sand now has casino facilities in Las Vegas, Macau, and Singapore.

Las Vegas Sands is willing to invest more than $10 billion for an IR facility in Japan.

Source: Latest News on European Gaming Media Network

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Asia

eSports market of Japan grows 13-fold last year

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eSports-market-of-Japan-grows eSports market of Japan grows 13-fold last yearReading Time: 1 minute

According to gaming industry publisher Gzbrain Inc, Japan’s eSports market has grown by 13-fold to touch ¥4.8 billion (about $42.5 million) this year.

There has been a massive jump in revenue since competitive video gaming was legalised in February. The Japan Esports Union has also been set up, which provides professional licenses to gamers.

A number of new competitions have been planned. All these will make Japan’s eSports fan base to grow further. The industry forecast is that the domestic market will touch about $90 million in 2022.

Source: Latest News on European Gaming Media Network

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