Asia
NOVOMATIC at G2E Asia: Showcasing Inspiring Gaming Trends for the Asian Market
NOVOMATIC returns to the G2E Asia 2024 with an exciting line up comprising all the company’s latest trend-setting highlights for the region. Visitors at stand A518B will discover a portfolio that epitomizes the innovative strength and broad diversity of NOVOMATIC’s winning technologies.
The internationally renowned cabinets of the DIAMOND X™ series will be presented with the latest gaming content. Known for its sophisticated game presentation and player appeal, the elegant J-curved DIAMOND X™ 1.55J will be featured at the NOVOMATIC booth #A518B with the XTENSION LINK™ Volume 2. This high-performing Linked Progressive title comes with five new games and includes popular titles such as Golden Book of Ra™ and Golden Charming Lady™ in their exclusive XL version. Another fan favourite, the new CASH FLOOD™ Link, will also be showcased in the J-curved DIAMOND X™ 1.55J cabinet. The Linked Progressive trio from CASH FLOOD™ Link, including Secrets of Wealth™, Magic Cleopatra™, and Roll on Fire™, promises triple the excitement on the gaming floor.
The multi-screen version DIAMOND X™ 2.32/3.32 will also be on display, featuring the latest Linked Progressive Superia GOLDEN LINK™ Volume 2. This Jackpot offers golden winning chances and guarantees an inspiring gaming experience with five fresh titles, including Mermaid Beauty™ set underwater, the Asian-themed Shanghai Club™, the Egyptian treasures in Queen of the Night™ Magic, the historic journey with Empress Sissi™, and all-time classics such as Golden Book of Ra™ and Golden Charming Lady™. Don’t miss the chance to experience it at the show.
Innovative Solutions Meeting Every Operator’s Needs
A further highlight of NOVOMATIC’s appearance at G2E Asia will be the brand new ETG solution NOVO UNITY™ PRO. This unique combination adds extra dimensions of functionality, flexibility, and future-proofing to the casino floor, offering the flexible interconnection of electronic live games and slot games on a large number of individual player stations. With the innovative Simultaneous Betting functionality, visitors can experience a new dimension of game turnaround for players.
The innovative NOVOVISION™ casino management system elevates all areas of casino operation with a uniquely comprehensive range of functionalities that extend far beyond traditional accounting, jackpots, player tracking, CASHLESS, and TITO transactions. As a distinctive feature, NOVOVISION™ introduces biometric technologies for managing gaming operations, such as player recognition and access solutions.
NOVOMATIC invites all attendees to explore these cutting-edge innovations at their booth and experience the future of gaming technology.
Thomas Schmalzer, VP Global Sales and VP Product Management at NOVOMATIC AG, expressed his enthusiasm: “As one of the most important trade shows in the industry, the G2E Macao is an exceptional opportunity for NOVOMATIC to showcase our latest technology to the Asian market and to engage with our customers. We are proud to present an exceptional product portfolio that meets every requirement of our customers – from the premium DIAMOND X™ series to the innovative NOVOVISION™ casino management system. Be inspired by the variety of products. Visit our booth – we look forward to welcoming you!”
The post NOVOMATIC at G2E Asia: Showcasing Inspiring Gaming Trends for the Asian Market appeared first on European Gaming Industry News.
Asia
MelBet Appoints Bollywood Actress Sherlyn Chopra as its New Brand Ambassador
International iGaming company MelBet has appointed Sherlyn Chopra, one of India’s famous and glamorous actresses, as its new brand ambassador.
As a brand ambassador, Sherlyn would be involved in creating exclusive content and promoting MelBet in international markets.
Sherlyn Chopra is known for her significant success in the film and television industry. Her work, including her role in the psychological thriller, Red Swastik, made her popular in India. Sherlyn is actively involved in showbiz and continues to expand her horizons by doing popular web-series, music albums, short films, launching glamour and style apps and other creative projects.
“I am incredibly excited to become a part of the MelBet family. Sports are more than just games or competitions as they unequivocally bring people together. I am proud to contribute to its popularisation with such a reliable partner. MelBet is not just about gaming, casinos, or sports. It is about team spirit towards involvement in the games, followed by highs and lows which are inevitable in the pursuit of success and victory. MelBet is an experience that brings us closer as a community and in setting our goals and achieving them. I am looking forward to starting our collaborative journey and the opportunities that we can create and explore for our growing game lovers,” Sherlyn Chopra said.
With this appointment, Sheryln joins other leading names, who represent MelBet in India and globally. MelBet believes that with her fearless approach to pushing boundaries, she embodies the innovative spirit that MelBet values – which led to her appointment. This partnership is expected to strengthen MelBet’s connection with sports enthusiasts, gamers and those passionate about the game, opening up new opportunities for clients and helping to further expand the brand’s reach across South Asia.
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Asia
Macau Foresees Gaming Revenue Growth to $30 Billion by 2025
Macau’s 2025 casino gross gaming revenue (GGR) is forecast to reach MOP240 billion ($29.9 billion), says the Office of the Chief Executive (CE), in the financial-year 2025 budget plan published on last Thursday, and which has been submitted to the city’s Legislative Assembly.
That would be a 31.1% rise on the MOP183.06 billion achieved in 2023, the first year of trading since pandemic-related restrictions were lifted. It would be an 82.1% recovery rate compared to the MOP292.46 billion in the pre-pandemic trading year of 2019, as per data of the local regulator.
The 2024 budget plan predicted MOP216 billion GGR for this year. The tally for the calendar year to the end of October is MOP190.14 billion. The 2025 budget would represent year-on-year growth of 11.1% from the forecast for 2024.
The 2025 budget plan estimates the Macau government will collect MOP84.0 billion in gaming taxes from the city’s six casino concessionaires for financial year 2025. That is calculated based only from the levy of the so-called “special gaming tax”, which stands at 35% of GGR for the current 10-year gaming concessions that started from January 1, 2023.
With other contributing levies for social causes, the effective tax on Macau casino GGR is 40% for the current concession term.
“It is estimated that the recovery momentum of the integrated tourism and leisure businesses for the next fiscal year [2025] will continue, with a continuous rise in inbound tourist volume, albeit their travel and consumption patterns may see changes,” the Office of the Chief Executive stated in its fiscal year 2025 budget plan.
“Integrated tourism and leisure businesses” is a term used by the authorities to indicate the casino resort sector.
The chief executive office added: “Considering all factors, the fiscal year 2025 gross gaming revenue is estimated to reach MOP240 billion. Such is the principal fiscal income that serves as a foundation for the Macau Special Administrative Government in formulating the fiscal year 2025 budget plan.”
Post the Covid-19 pandemic, Macau’s fiscal income had seen a “gradual recovery” since 2023, as economic improvement had been led by the integrated tourism and leisure sector, the document also mentioned.
For the whole of fiscal year 2024, the Macau government had forecast it would collect MOP75.6 billion in gaming taxes from the casino concessionaires, levied as special gaming tax, according to the 2024 budget plan.
The 2025 plan will be current Chief Executive Ho Iat Seng’s ultimate fiscal-year budget proposal before stepping down at the end of his five-year term.
Sam Hou Fai, most recently president of Macau’s Court of Final Appeal, the city’s most senior judicial position, is to succeed Mr Ho as the city’s leader, with a swearing-in ceremony to be held in December.
The post Macau Foresees Gaming Revenue Growth to $30 Billion by 2025 appeared first on European Gaming Industry News.
Asia
PBBM Orders Immediate Ban Against All PH POGO Operations
Citing risks posed by Philippine Offshore Gaming Operators (POGO) operations in the country, President Ferdinand R. Marcos Jr. issued Executive Order No. 74 imposing an immediate ban on offshore and internet gaming in the country.
In issuing the EO 74, President Marcos said “the State has the paramount duty to safeguard national security, maintain public order, uphold the rule of law, protect the safety of its citizens, and ensure the integrity of the social fabric of the nation.”
“…In pursuit of such duty, an unequivocal ban of POGO/IGL operations was pronounced during the State of the Nation Address on 22 July 2024.”
The EO cited the Department of Finance (DOF) study in saying that POGO activities significantly outweigh the economic and social benefits derived from the POGO industry because of the risks and negative consequences such as increased crime rates, social instability and exploitation of vulnerable people associated with them.
The Anti-Money Laundering Council (AMLC) Report also indicated POGOs have been identified as susceptible to money laundering, fraud and other illicit financial activities, and therefore pose substantial threats to the integrity of the national financial system.
“The high reputational risks associated with POGO/IGL operations deter foreign investment and tourism, undermining the efforts of the National Government in promoting the country as a safe and sustainable investment and tourism destination,” the EO stated.
The President’s order, signed by Executive Secretary Lucas Bersamin on Nov. 5, will cover Philippine Offshore Gaming Operators and Offshore Gaming Operations and Services.
All POGOs/IGLs and other offshore gaming operations and other offshore gaming-related/auxiliary/ancillary services with issued licenses, permits are expected to completely cease operations, including the winding up of their affairs, on December 31, 2024 or earlier.
And to develop and implement a comprehensive strategy, Technical Working Groups (TWGs) will be created. The TWG on Employment Recovery and Reintegration will address the impact of the foregoing ban on the affected sectors of the economy and ensure the reintegration of displaced Filipino workers.
This will also involve the provision of assistance and safety nets which include upskilling and reskilling programmes to ensure displaced workers could find new jobs.
The President also issued directives to national government agencies in response to the immediate POGO operations prohibition.
He wants the Presidential Anti-Organised Crime Commission (PAOCC), Philippine Drug Enforcement Agency, and other law enforcement agencies to intensify their efforts against illegal POGOs/GLs and other offshore gaming operations and services.
The Department of Human Settlements and Urban Development (DHSUD) was instructed to assist the TWG on Anti-Illegal Offshore Gaming Operations in securing the cooperation of homeowners associations to ensure the non-proliferation of POGO/IGL and other offshore gaming operations and services in subdivisions, condominiums and other real estate developments.
The post PBBM Orders Immediate Ban Against All PH POGO Operations appeared first on European Gaming Industry News.
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