he first products in the Multiplayer Electronic Table Game Series, Multiplayer Electronic SicBo Machines, were given positive reviews upon their initial presentation to the leading casino operators in Asia. PacificNet currently owns 51% of PacGames and has a preemptive right to maintain the 51% ownership in case of any dilution due to exercise of options or warrants by any new investors.
"This is the first time PacificNet has had a chance to showcase our gaming products at a leading international gaming expo in Macau," said Tony Tong, CEO of PacificNet. "We believe that we are ready to expand into other parts of Asia as we see strong demand and opportunities for growth in other Asian gaming markets. We are satisfied with our success in Macau as we have quickly become one of the leading local suppliers of gaming machines to some of the most famous casinos in Macau and Asia."
"As Macau’s gaming market undergoes growing competition, casino operators in Macau have to quickly adapt to the latest demands and trends by installing the most popular and profitable gaming machines catered to the Asian gamers," said Victor Tong, President of PacificNet.
"PacGame’s multi-player Electronic Gaming Machines have quickly proven to be one of the best performing gaming machines designed for the Asian players. Macau has become the fastest growing part of China and we are very excited to be moving forward in our pursuit of the Macau gaming technology business. We believe the Asian gaming market has huge growth potential and that we are well positioned to win more hotel-casino clients in order to capture a growing market share as a leading gaming technology provider in the region."
SicBo originated in China over one thousand years ago and is a game of chance played with three dice that are shaken in a basket or a plastic cup. Traditionally, in Asia, the dice were shaken on a small plate covered with a bowl, which was then lifted to reveal the roll. In modern casinos the dice are shaken mechanically, and the outcome is keyed into a computer which automatically lights up the winning zones on the table.
SicBo is popular in Asia and widely played in casinos in Macau. It is played in the Philippines as hi-lo. It was introduced into the US by Chinese immigrants in the early 20th century, and can now be found in most American casinos. Grand hazard and chuck-a-luck are variants, and of English origin.