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Online Casino Conditions >>> Betting News >>> July '07 News


PacGames Acquires Online Gaming License for the Philippines

by Colby Lewis, News Staff
Writer      Bookmark with del.icio.us
July 11, 2007
 

In their quest to tap into the Asian online gambling sector, PacGames Limited has acquired an online gaming license from the First Cagayan and Cagayan Economic Zone Authority to do online business in the Philippines. PacGames parent company, PacifiNet Inc., who is very well known in the Asian IT sector, recently made the announcement via a press release.

Chief Executive Officer of PacificNet, Tony Tong, said the company was "delighted" to receive the license. Tong referred to the fact that PacGames has already been focused on the Asian casino and gaming market, both online and offline, and that the company will continue to establish itself as a leader in the gaming technology for the Asian sector. Having a deep understanding of the Asian betting culture, as well as regional betting preferences, PacGames has been hitherto quite successful at developing casino games with an Asian theme.

Considering that Asia now has the fastest growing gambling market in the world, PacGames is certainly ready to do even more business. The company already employs some 200 computer and software programmers in the casino Mecca of Macau, which is fast becoming the Las Vegas of the Far East. At the current time, much of Pac's resources are going into the mobile online gambling sector, which in China, has enormous potential.

PacificNet also owns MOABC.com, which is an online mobile portal catering to the countless young mobile user's in China. The website already has over 11 million registered user's, all of whom are seeking a variety of mobile internet services. Rest assured that mobile online casino gaming is now one of them.

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