Dynam Japan wants ‘online’ games in Macau

Japanese pachinko hall operator Dynam Japan Holdings Co Ltd said in a new Hong Kong filing it has ambitions to work with a partner to produce “online casino games in Macau, provided that such games comply with all applicable laws and regulations of Macau”.
A Macau bylaw gazetted in November 2012 foresaw the possibility of “mobile” gaming inside some of the city’s bricks and mortar gambling premises.
The particular bylaw was mainly concerned with conventional slot machines and slot parlours. It also mentioned the possibility of mobile gambling using wireless networks, but “only inside gambling areas especially authorised” by the city’s regulator, the Gaming Inspection and Coordination Bureau.
In the past preparatory work has even taken place with the goal of regulating Macau as a global jurisdiction for cross-border online gambling. It was abandoned.
So far the local monopoly for non-racing sports betting (including an online portal) of Macauslot – Sociedade de Lotarias e Apostas Mútuas de Macau Lda, a firm founded by former casino monopolist Stanley Ho Hung Sun – has not been challenged in Macau.

Business Daily asked Dynam Japan Holdings for more information on its latest regulatory filing referring to online gaming in Macau, but none was available by press time.

Local partnership

The firm said in a Hong Kong filing in October it would invest US$15 million (119.8 million patacas) in Singapore-based online games provider I Got Games Inc to help it develop software for “next generation pachinko machines” to be operated in Macau.
IGG has been listed on Hong Kong’s alternative bourse – the Growth Enterprise Market – since October 18.
IGG is led by chief executive Cai Zongjian, who first founded an online games business called Fuzhou Tianmeng Touzi Zixun Co Ltd in Fuzhou, mainland China, in 2005.
The online supplier currently produces multi-language online games on a free-to-play basis for portable devices as well as browser games for laptops and personal computers. Its revenue is generated by selling so-called ‘virtual items’ to the players.
The firm also provides ‘client-based’ games whereby players are charged to access a game server. IGG has regional offices in mainland China, the Philippines and the United States.
Dynam is already a US$35 million investor in former Macau legislator David Chow Kam Fai’s casino services firm Macau Legend Development Ltd. The latter currently operates two Macau casinos under a so-called ‘service agreement’ with Macau gaming concessionaire Sociedade de Jogos de Macau SA, and is building a third – Prague Harbor View – due to open next year.
The third casino-hotel is at Macau Fisherman’s Wharf, which is also controlled by Macau Legend and is currently also undergoing major redevelopment.
Dynam Japan said in an October filing that its ‘next generation’ pachinko machines would be operated at Fisherman’s Wharf.

Article source: http://macaubusinessdaily.com/Gaming/Dynam-Japan-wants-%E2%80%98online%E2%80%99-games-Macau

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