iGaming Industry
Galaxy Entertainment First Macau Gaming Operator to Accept WeChat Pay
Galaxy Entertainment, one of just six licensed gaming operators in Macau, announced this week that it will soon begin accepting WeChat Pay mobile transactions at its three major properties, Galaxy Macau, StarWorld Macau, and Broadway Macau.
WeChat Pay allows mobile users to leave their physical wallets at home, and now visitors to Galaxy Entertainment resorts in Macau will be given that freedom, so long as they don’t plan on gambling.
WeChat is a popular social media platform in China that has almost a billion monthly active users. Its Pay digital wallet component allows users to link the app to their bank account in order to pay bills, order goods and services, transfer money, and pay in stores by scanning merchant QR codes.
In addition to the yuan, WeChat Pay supports numerous currencies including the Hong Kong dollar, US dollar, Great Britain pound, and euro. Exchange rates are calculated through one of the Chinese government’s commercially owned banks.
In a statement, Galaxy Entertainment said the inclusion of WeChat Pay “answers the needs of mainland Chinese visitors … who overwhelmingly prefer to pay with e-wallets.”
What the company didn’t reveal, however, is whether casino patrons will be able to purchase gaming chips and spin the slot machines through their mobile devices. That might hint that the service won’t be immediately available on the gambling floors. Galaxy only confirmed that WeChat will be accepted “at a wide range of establishments” including hotels, food and beverage establishments, retail shops, and entertainment venues.
Galaxy Entertainmentwas founded in 1988 by Hong Kong billionaire Lui Che Woo. In addition to the three casino resorts, Galaxy also controls three CityClub casinos in Macau.
WeChat Controversy
Galaxy Entertainment welcoming WeChat use into its resorts might come as a surprise considering the recent gambling scandals involving the social platform.
Just last week, Macau’s Judiciary Police arrested seven men for operating an illegal gambling operation that offered baccarat to remote players and took bets via WeChat Pay.
Even more startling was last April’s sting that uncovered a betting ring that used WeChat to livestream video footage of an actual baccarat table inside a Macau casino. Bettors were given 70 seconds to place their bets, and online facilitators collected or paid out on the wagers after the results of each round were displayed. The allure was apparently that there were no betting limits.
Macau police also announced this week that a loansharking operation that facilitated money for gamblers through WeChat Pay had been disrupted.
Asian Appeal
The Asian gambler is a coveted demographic, as they often have a strong belief in luck, fortune, and fate. An anonymous Chinese gambler once said, “If you don’t gamble, you don’t know how lucky you are.” The same, of course, can be said about how unlucky one might be.
Regardless, a substantial portion of Asians enjoy gambling. Behind only the United States, China loses the most money gambling each year of any country.
That’s why over 7,000 miles away in Las Vegas, Caesars recently incorporated WeChat Pay at Caesars Palace, Paris Las Vegas, and LINQ Hotel & Casino. “We want to do this for our Chinese customers to make them feel at home,” Caesars VP of International Marketing Bruce Bommarito said last summer.
WeChat Pay users at the three resorts can purchase food through the app, as well as concert tickets and retail items. However, gambling through the app isn’t available.…
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Source: EEGaming.
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.
Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.
The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.
SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.
Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.
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