SEARCH NEWS:

 

PacificNet gets good reviews

PactGames develops gaming systems, software and hardware platforms for the land-based and online gambling industry, primarily targeting the fast growing Asian gaming market. PacificNet Games' latest iGaming products are targeted at the large number of land-based operators making their online debut. PactGames gaming applications - online virtual casino, virtual baccarat, sicbo, fish- prawn-crab, card games, poker, bingo, mobile gaming, live gaming, land-based kiosk networks, slot, RNG and fixed-odds games, with a powerful management interface allows the operators to effectively manage games and user accounts. PacificNet has over 1200 personnel in Asia, with 300 engineers engaged in research and development of current and future gaming technologies for land- based and online operators.

"We are delighted to introduce our new online gaming products for the Asian operators with games designed for Asian gamers," said Tony Tong, Chairman and CEO of PacificNet. "As Asia has evolved into the fastest growing market in both land-based and online gaming, we believe there is a great demand for our Asian-themed gaming products. With our team of 200 programmers in China and Macau we believe that our games will better suite the needs and wants of Asian gamers and operators. As mentioned in some of the recent research reports on Macau's gaming industry, PacificNet has demonstrated significant progress as a leading provider of multi-player electronic table games while in Macau, receiving very strong play levels. Addressing the need for multi-station electronic table games such as sic-bo dice, fish-prawn-crab, baccarat, roulette and other Asian traditional table games, we have released a series of multi-player electronic gaming machines. These include a hybrid sic-bo and baccarat gaming device which allows a player to make bets at a sit down electronic terminal while viewing a live dealer turn the cards or roll the dice by a centralized TV monitor as well as at the machine. We are very satisfied with our successful entrance into the highly competitive gaming technology supplier market and we believe that our recently launched Asian gaming machines have demonstrated a fairly quick payback for our customers who are the legal gaming operators and casino owners. We believe that we are the one of only electronic gaming provider actually based in Macau giving us a competitive advantage both on the R&D side, knowing what Asian gamers want, as well as on the sales and service side."

"The move into online internet games is a natural expansion for PacificNet to expand its synergy with many of its operating subsidiaries in CRM and internet/mobile partners such as Epro and Bell-PACT CRM call centers, PactGames, WAP.MOABC.com, iMobile.com.cn, 18900.com, vs366.com, and Clickcom.com.cn among others," said Victor Tong, President of PacificNet. "PacificNet's subsidiary, MOABC.com, is a leading mobile internet portal in China with 11 million registered users and boasts one of the top-ranked mobile internet sites featuring mobile social networking, mobile games, and entertainment. This free WAP portal provides a variety of mobile internet services such as news, mobile gaming and entertainment services, mobile blogs, mobile email (Mo-Mail), Avatar and virtual pets, mobile online dating, mobile instant messaging, virtual communities, mobile social communities and virtual showrooms to China's increasing mobile phone and internet user base. With over 11 million registered users, MOABC is a well-known brand and top-ranked mobile internet site providing fun and entertaining mobile social networking services to the all-important demographic of young and trendy mobile users in China. We believe that China's internet and mobile gaming and entertainment market will surge in the coming years as a result of the expected launch of 3G services. We expect strong synergies among PacificNet's group of companies in the mobile e-commerce and gaming areas."

As of the end of 2006, Macau (a Special Administrative Region of the People's Republic of China) has become the largest and fastest-growing gaming market in the world and has already surpassed the Las Vegas Strip in total revenues. According to statistics provided by Macau government, in 2006, Macau's gaming revenues exceeded US$7 billion (MOP 56.2 billion patacas), surpassing the Las Vegas Strip gaming revenues of US$6.6 billion. Macau borders Zhuhai City of Guangdong Province of China, one of the country's wealthiest and most developed regions and is an hour away from Hong Kong via ferry.

According to recent report by Global Gaming Business, Jeffries Wall Street, the Philippine gaming market consists of about 5,000 gaming machines, over 620 gaming tables, and over 8,500 positions, and represents the second largest gaming market in Asia, after Macau.

< Gaming News