Alfastreet Expands Solaire Footprint Alfastreet has installed a very special combination of electronic table games in
Solaire, Manila's leading casino. Te installation was special due to multiple new features and special betting options, created particularly for the Solaire. All together, Alfastreet installed 72 Wiky terminals with multiple Baccarat tables,
Roulette and Sic bo. In addition, Royal Derby was added to the floor, which only reconfirms the quality and the uniqueness of Alfastreet's product.
ASIA & OCEANIA
PHILIPPINES – Macau-based operator Galaxy Entertainment has been granted a provisional gaming license by the Philippine Amusement and Gaming Corporation (PAGCOR) giving it the green light to develop a premium quality, eco-friendly, US$500m casino resort in Boracay.
“We've been working very long and very hard, to prepare for this installation and we made sure we fulfilled all the expectation of such a reputable and successful Casino as Solaire. Multiple baccarat tables, four games simultaneous betting, side bets, special jackpot system, combined with enormous LED wall display, make this installation unique in Manila and a definite reference for all the other venues. Solaire is always working out ways to stay no.1 in the Phillippines and that's why they chose Alfastreet for their supplier, as we're the one that’s flexible and resourcefull to the point that we can efficiently accommodate the vision that Solaire presented to us,” said Alfastreet's Sales Director, Albert Radman.
“We are thankful to the Solaire for extending this challenge to us, and we're proud to use this installation as one of our top references worldwide. In the recent past we’ve had several major installs around Asia, with several more coming up in the following weeks, further comments Deric Goh, Alfastreet’s Sales Director for Asia.
“It's safe to say that the major operators recognise the quality and efficiency of our products and that's the reason why we're getting such a large momentum here in Asia. We're creating customised solutions for every single customer and we make sure our product is perfected before it's placed on the Casino floor.”
Kazakhstan
Macau Legend’s David Chow plans Cape Verde bank
Te Macanese businessman David Chow has submitted to the Cape Verdean Central Bank (BCV) a request for authorisation to create a bank in Cape Verde. Te Macao businessman, who chairs the Legend Globe Investment Company, signed a memorandum of understanding with the Cape Verdean government in June to create a credit institution called Banco Sino-Atlântico. Te terms of the agreement stipulated that the Legend Globe Investment group had to submit a draft and request to the Bank of Cape Verde within six months. Te new bank aims to "contribute to the development of the financial system of the Republic of Cape Verde, support the small and medium-sized enterprises of the country, facilitate local and international payments and, in general, support the monetary policy defined by the Government" of Cape Verde. Tis new investment proposal extends David Chow's business in Cape Verde, where the businessman is building a resort, which includes a resort, marina, convention centers and a casino. Tis is the largest tourist development planned for the country, resulting from an investment of the group Macau Legend, estimated at 250 million euros, about 15 per cent of the Gross Domestic Product of Cape Verde.
Scientific Games has launched the National Lottery of Kazakhstan, bringing lottery game entertainment to the Republic of Kazakhstan in Central Asia. Te Lottery is operated by JSC Satty Zhuldyz, which was awarded a 15-year contract, with Scientific Games serving as the exclusive supplier of all games, technology and services. Lottery instant "scratch" games and draw games, including numbers and Keno, are launching across a network of approximately 3,000 retailers in Kazakhstan, the world's 9th largest country in geographic size and the region's economic powerhouse generating 60 per cent of Central Asia’s GDP. Alexandr Ten, President of JSC Satty Zhuldyz, said: “We are excited to work with Scientific Games to launch a socially responsible lottery in partnership with the Kazakhstan government.”
Francis Lui, Vice Chairman of GEG, said: "We would like to thank PAGCOR for their vote of confidence in granting GEG a provisional gaming license in the Philippines and the opportunity to strategically expand our brand into overseas markets.
“We are very excited about the prospect of investing up to US$500m into a proposed premium quality, low rise, eco-friendly resort development located in Boracay, the world's premier beach destination.
“We are pleased to support President Duterte and the Philippine government's initiative for the managed and sustainable development of Boracay. Further, we will contribute positively to the local economy and actively partner with the Boracay community.
“We are confident that we will raise the bar in both resort quality and service and generate significant job opportunities in both construction and resort operations. This exciting project also clearly demonstrates GEG's commitment to support China's One Belt, One Road initiative."
Galaxy's partner in the project, Leisure & Resorts World Corporation, recently bought a 23-hectare land in Boracay to build the integrated resort and casino. Katrina Nepomuceno, Corporate Secretary of Leisure & Resorts World, said: "We recently acquired approximately 23 hectares of land in Barangay Manoc-Manoc, Boracay Island, Malay, Aklan."
“Galaxy has been exploring numerous opportunities to expand its ‘World Class, Asian Heart’ brand and philosophy beyond Macau, and the Philippines offers an ideal opportunity to develop a premium quality eco-friendly resort in Boracay.
“We believe that by combining the natural beauty of the Philippines with GEG’s long standing record of developing world class resorts, and leveraging upon the Philippines renowned hospitality culture is a formula for success.
“Further, the expansion of the Caticlan airport makes Boracay a more conveniently accessible destination and enhances GEG's ability to attract more of our affluent customers from China, Hong Kong and Macau, among others.”
NEWSWIRE / INTERACTIVE /MARKET DATA P31
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