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Hainan resorts are setting up baccarat tables

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They’re not quite casinos, but they’re pretty close – and they could be coming to China sooner than some expected.
On the tropical island of Hainan, at least five Chinese-owned resorts are laying the groundwork for so-called entertainment bars, where players put down real money on games but receive their winnings in the form of points that can be redeemed in local shops, restaurants and hotels, according to people with direct knowledge of the plans.
The resorts’ owners have contacted suppliers of baccarat tables, drawn up blueprints to convert ballrooms into gaming floors and held informal discussions with Hainan officials in recent months, the people said, asking not to be identified discussing private information.

While China currently outlaws casinos outside Macau, the resorts are betting that Hainan will win an exemption for entertainment bars as part of a government push to turn the island known as “China’s Hawaii” about 2,700km south of Beijing into a major tourist destination.
If they’re right, it would mark another big shift in the country’s approach to gaming after officials unveiled landmark measures to promote horse racing and sports lotteries in Hainan two months ago.
It’s unclear whether provincial and national authorities would sign off on such projects – also known as “cashless casinos” – and they’ve given no public indication that a policy change is imminent.

But the recent flurry of activity follows a favourable court ruling on entertainment bars in December, which was interpreted by some observers as an official stamp of approval.
“From our conversations with people on the ground, they are positively excited about the changes that appear to be coming through soon,” said Ben Lee, a Macau-based managing partner at consultancy IGamiX, which has been working with developers in Hainan for a decade. Entertainment bars “would undoubtedly draw mainlanders who have never been overseas to try gaming,” he said.

Casual Punters
The games could provide a boost to Hainan’s tourism-related businesses, while at the same time allowing regulators to avoid many of the money-laundering and capital-outflow risks associated with traditional gambling operations.
Entertainment bars are unlikely to appeal to China’s high rollers, but they could lure casual punters who dislike the hassle of obtaining visas and foreign currencies for overseas trips.

A green light from authorities would probably unnerve investors in casino enclaves like Macau, the Philippines and Cambodia that rely heavily on Chinese customers. While the short-term competitive threat from Hainan would be manageable, that could change if entertainment bars pave the way for an eventual approval of full-blown casinos on the island.

“We may see more interesting developments in the next five to 10 years,” Lee said.
Government representatives in Hainan and Beijing didn’t respond to faxed requests for comment.
An index of Macau casino operators fell as much as 2.1 per cent on Tuesday to a seven-week low, led by SJM Holdings Ltd., Wynn Macau Ltd. and Galaxy Entertainment Group Ltd.

Entertainment Bars
Entertainment bars have a checkered history in Hainan. They debuted on the island about five years ago, at the Sanya Bay Mangrove Resort Hotel, where guests could play games including baccarat and swap their winnings for things like hotel rooms, iPads and jewellery.
But that operation was shut down in 2014 as local prosecutors accused the resort of breaking the law. Several other Hainan resorts were also forced to put their plans for entertainment bars on hold.

It took several years for the Mangrove case to work its way through China’s legal system, but in December, a Hainan court ruled that the resort’s gaming operation didn’t break the law after all, according to a court filing posted on a government website.
In another sign of China’s evolving stance, an online version of the points-based gaming model is now being tested by a sports-betting platform in Hainan that’s backed by organisations affiliated with the provincial and central governments.

Called the Hainan International Tourism Island Sports and Gaming Entertainment Project, it will allow players to deposit funds from their AliPay or WePay accounts into a smartphone app and use the money to wager on soccer and basketball games. Winnings can only be spent at select locations, mainly in Hainan, according to Yan Zhi, the project’s founder.

Still, it’s unclear whether China’s leaders will ultimately sign off on entertainment bars, according to Margaret Huang, an analyst at Bloomberg Intelligence in Hong Kong.

“The government will face challenges to decide their attitude toward a gambling-themed model,” she said. “The balance between regulation and economic development is hard.”

Some observers say the time is ripe for a change. Entertainment bars would not only dovetail with Chinese President Xi Jinping’s efforts to boost Hainan’s economy, they would also help the country develop more homegrown champions in the consumer services sector – another government priority.

While the bulk of gambling revenue in Macau still goes to foreign casino owners like Las Vegas Sands Corp. and MGM Resorts International, Chinese resorts have a dominant presence in Hainan.

To get a feel for the resorts’ optimism that entertainment bars will make a comeback, one only has to walk by the ballroom that housed the Mangrove’s gaming operations back in 2013. Instead of converting the giant space into something new, the resort simply covered it with a black curtain, which could presumably be quickly removed if policy makers give the go ahead. Representatives at the resort declined to comment.
“It’s now a consensus among companies and businessmen in Hainan,” said Liu Feng, director of the Hainan Normal University Free Trade Port Research Centre.
“The expectation is for looser policies and a more open business environment, to build Hainan into an international tourism and consumption destination.”

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Source: Latest News on European Gaming Media Network

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.

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SmartSoft’s 2024 Story – Year of Growth and Success

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This year has been an exciting journey for SmartSoft. Both internally and externally, the company has undergone significant transformation. SmartSoft continues to pursue ambitious goals driven by teamwork and unity. The company fosters a culture of collaboration, where team members and partners support one another, share objectives, and work towards common interests. This synergy is powered by a diverse group of individuals, united by a shared mission to redefine the iGaming industry.
As a result, the number of unique customers grew by an impressive 75%—a remarkable achievement.

So, how did SmartSoft achieve such success?

Team Expansion and User Growth

SmartSoft made great progress this year by adding 40 new team members, strengthening its skills and knowledge across different areas. This expansion helped create a more dynamic work environment and played a key role in improving the company’s overall performance. As a result, SmartSoft saw an impressive 75% growth in unique users compared to last year. This increase in users highlights the company’s growing global reach, its ability to attract a wide audience, and its commitment to offering exciting and innovative gaming experiences.

New Markets and Partnerships

This year, SmartSoft made remarkable strides by entering 25 new markets, significantly enhancing its global footprint. The company also established several strategic partnerships with leading operators and platforms, including Betfair, Betway, Stoiximan, Betnacional, LottoStar, Betmexico and Qtech. These collaborations are expected to unlock new opportunities and open doors to fresh audiences worldwide. SmartSoft is excited about the direction these partnerships will take, and more details about these ventures will be shared soon.

 

JetX’s Unstoppable Rise

Also, JetX as SmartSoft’s flagship and pioneer crash game proved that its actually top game not only for SmartSoft but in the whole iGaming industry – its users rose by 80% which is a great number to imagine.
If there’s anyone still unfamiliar with JetX, it was the pioneer crash game developed by SmartSoft. Since its launch, JetX achieved extraordinary success, becoming a favorite among players and partners alike. The game is always evolving with regular updates, as the SmartSoft team constantly works to make it even better. Its innovative gameplay, which challenges players to cash out at just the right moment, captivated audiences worldwide. Breaking records and redefining expectations. The continued rise of JetX signifies the company’s ongoing commitment to offering exciting, innovative, and highly engaging products to its users.

Performance of Top Games

SmartSoft’s portfolio of top games saw incredible engagement, with a great increase in user participation across its leading titles, including Balloon, Mine Island, HelicopterX, PlinkoX, and FootballX. This phenomenal growth demonstrates that the company’s gaming offerings are not just popular but are setting industry benchmarks for user interaction and satisfaction. It’s clear that SmartSoft’s games are playing a key role in redefining the entertainment experience for players worldwide.

 

Exciting New Games

This year, SmartSoft introduced a total of 18 new games, including three games and slot games, all designed to offer players a unique and immersive experience. Some of the most anticipated releases included:

  • 4 Bonuses Bonanza – Plinko Spin
  • Mad Slot
  • Rodeo X
  • Dracula’s Fortune
  • Jungle Sisters Deluxe
  • Samba da Deusa

These new games have attracted more than 2 million new users, underscoring their appeal and the growing demand for SmartSoft’s innovative approach to gaming. The diverse range of titles further strengthens SmartSoft’s position as a leader in the gaming industry, offering games tailored to every interest.

Partnerships and Sponsorships

SmartSoft strengthened its position in the global market by extending its partnership with the Argentine National Team. This collaboration now includes SmartSoft becoming the Official Crash Game Partner. Sponsoring the Argentine national team and being a member of the World Champions Family is proof of SmartSoft’s commitment. Through these initiatives, company aims to spread the spirit of football, which brings people together and fosters a sense of community. Through this renewal in 2024 with the Argentine Football Association and the Argentine National Team, SmartSoft continued on a journey that combined passion and excellence, where the worlds of business and gaming converged with the magic of Argentine football. The company expressed delight in continuing as the gaming partner in Europe for the Argentine National Team and voiced confidence that this collaboration would drive both the company and its games to new horizons. Additionally, plans were announced for new content and marketing actions featuring the stars of the national team.

 

 

Memorable Moments and Extraordinary Partnerships

2024 was a year of remarkable achievements and unforgettable experiences for SmartSoft. The company participated in 8 major industry exhibitions, earning prestigious nominations such as Best Innovator, Best Interactive Experience, and Best Crash Game. Beyond the awards, SmartSoft cemented its reputation for innovation and connection through extraordinary events and partnerships. The Legend Series brought partners face-to-face with football legends like Zanetti, Palacio, and Milito, while an exclusive Champions League experience in London with José Mourinho left lasting impressions. In Lisbon, partners enjoyed the privilege of meeting Javier Mascherano at the SmartSoft booth and engaging in personal conversations during a special dinner. The collaboration with the Argentine national football team reached new heights with an in-depth interview with Lionel Scaloni, offering an insightful glimpse into the team’s journey. Further strengthening its connection to the sports world, SmartSoft proudly partnered with Georgian football legend Shota Arveladze, strengthening its ties to the sports world and bringing people even closer together.

Additionally, the launch of the Partners’ Club during a three-day celebration in Georgia showcased the company’s commitment to fostering collaboration and shared success.

Licensing Achievements

SmartSoft reached several important licensing milestones in 2024, underscoring its commitment to expanding its global operations while adhering to regulatory standards. The company’s Greek license, originally obtained in 2023, became fully operational this year, allowing SmartSoft to expand its reach in the European market. The company also achieved authorizations in Peru and obtained compliance certification in South Africa, further strengthening its position in these growing markets.

Certifications

SmartSoft earned 79 new certifications in 2024, an impressive achievement that reflects the company’s dedication to maintaining the highest standards in the industry. These certifications cover a wide range of areas, reinforcing SmartSoft’s commitment to delivering top-tier products that meet international quality and regulatory standards.

Looking Forward

The year 2024 was one of remarkable growth, innovation, and unforgettable achievements for SmartSoft. As the company continues to build on this momentum, it remains committed to delivering exceptional entertainment experiences, expanding into new markets, and redefining the gaming landscape. SmartSoft is excited about what the future holds and is looking forward to further strengthening its position as an industry leader in the years to come.

As we step into the new year, SmartSoft continues to soar, staying true to its motto: Keep Flying Even Higher.

The post SmartSoft’s 2024 Story – Year of Growth and Success appeared first on European Gaming Industry News.

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Prague Gaming & TECH Summit 2025: The Must-Attend Event of the Year for Gaming and Tech Enthusiasts

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The Prague Gaming & TECH Summit 2025, happening on 25–26 March, is shaping up to be one of the most anticipated events in the gaming and tech calendar. Set in the heart of Europe, this boutique-style conference is renowned for delivering cutting-edge insights, fostering meaningful networking, and tackling the industry’s most pressing challenges.

Key Highlights of the 2025 Agenda

This year, the summit promises a robust agenda that combines the latest in innovation with actionable strategies for growth. Attendees can look forward to:

  • AI and Blockchain Innovations: Explore how artificial intelligence and blockchain are transforming operations, enhancing security, and redefining user experiences.
  • Regulatory Challenges and Compliance: Stay ahead of the curve with expert insights into navigating Europe’s evolving regulatory landscape.
  • Fintech Advancements: Learn about the latest payment solutions and technologies driving seamless transactions and user satisfaction.
  • Sustainability & ESG Initiatives: Discover how the gaming and tech industries are embracing sustainability and responsible business practices.

Global Reach Without Leaving Europe

One of the standout features of this year’s summit is the dedicated panels on Latin America and North America. These sessions bring insights from two of the most dynamic gaming markets directly to European attendees. No need for long-haul flights—gain valuable knowledge from industry leaders as they discuss trends, opportunities, and challenges in these regions.

Networking in the Golden City

Prague’s status as a vibrant business hub and cultural gem makes it the perfect backdrop for this gathering. The event offers ample networking opportunities, from structured meetups to informal conversations, ensuring every attendee can connect with peers, industry leaders, and potential partners.

Why Attend the Prague Gaming & TECH Summit?

  • Exclusive Access to Thought Leaders: Hear from speakers shaping the future of gaming and tech.
  • Tailored Content: Topics designed to address regional and global industry needs.
  • Hands-On Workshops: Gain practical insights to tackle real-world challenges.
  • Boutique Atmosphere: A focus on quality over quantity ensures meaningful engagement.

The Prague Gaming & TECH Summit is more than just a conference—it’s an opportunity to be part of the conversations that will shape the future of gaming and technology.

👉 Register now and join us in the Golden City this March to be part of the innovation.

The post Prague Gaming & TECH Summit 2025: The Must-Attend Event of the Year for Gaming and Tech Enthusiasts appeared first on European Gaming Industry News.

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NBA star Tristan Thompson signs for Sportsbet.io

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NBA superstar Tristan Thompson is the latest big name to partner with Sportsbet.io, the world’s favorite crypto-first sports betting site, as its newest global ambassador.

Thompson, a Cleveland Cavaliers center and 2016 NBA Championship winner, will bring his star power and passion for cryptocurrency to the Sportsbet.io community for the next two years.

The Canadian basketball legend will be sharing his views on the latest action for Sportsbet.io, where fans will have the opportunity to take part in some exclusive promotions.

Tristan Thompson, Sportsbet.io ambassador, said: “Sportsbet.io brings together my two biggest passions: sports and cryptocurrency. I’ve been following the crypto sector for some time now and have seen how transformative it can be. There’s no better place to combine that with my love of sports than Sportsbet.io.”

Shane Anderson, Director Partnership, Content and Brand, Yolo Entertainment, the operator of Sportsbet.io, added: “We’d like to give a huge Sportsbet.io welcome to Tristan, an elite athlete whose passion for both basketball and cryptocurrency makes him a perfect match for us. We’re thrilled to have him on the team, and we already have some exciting plans in the works. Watch this space.”

Thompson’s crypto credentials are already well established; he’s been a vocal supporter of Bitcoin, and recently celebrated as it reached a new all-time high in price.

He will be providing weekly betting tips on a range of sports, including NFL, MLB, European soccer, tennis, golf, UFC and boxing.

The partnership with Thompson marks another exciting new chapter for Sportsbet.io, which has earned a reputation for both its innovative approach to gaming, and its star-studded line-up of ambassadors, including cricket legend Brett Lee, Kenyan rapper King Kaka and many more.

Sportsbet.io is also an official partner of LALIGA and Newcastle United.

The post NBA star Tristan Thompson signs for Sportsbet.io appeared first on European Gaming Industry News.

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