PacificNet Games and Spin 3 sign deal

Through this agreement, PacificNet Games will utilize Spin3’s extensive line of interactive, wireless gaming products in multiple Asian markets including Cambodia, China, the Philippines and Macau.

The combined offering includes mobile, web and station based gaming, which contains Spin3’s OnCash patent-pending cash and distribution chain management system, as well as online games provided by Microgaming including slots, video poker, RNG table games and live dealer games.

"We are more than excited to partner with Spin3 to expand our online business in one of the fastest-growing gaming markets in the world," said Eugene Ng, Online Gaming Director of PacificNet Games. "We make the profit sharing model a lot easier to enter into due to the relatively low investment costs required to establish mobile and online gaming operations. Our regional casino partners are eager to go online and let their players continue gaming from anywhere at any time."

"The Asian market for mobile and online gambling has a tremendous potential for growth," said Matti Zinder, Head of Spin3. "Our OnCash offering is particularly suited for the diverse economies across the region. For existing and new customers, OnCash is an easy solution that overcomes a wide range of payment issues. We are very pleased to enter into a partnership with a company as well-known and established as PacificNet, and to extend our combined offering throughout Asia."

Spin3’s OnCash system enables land-based casinos to instantly expand their business online while maintaining customers’ current payment processing methods. Players pay for credits and receive play-for-real casino games on their mobile phones, and a secure user login for an online casino powered by Microgaming.

OnCash also includes a unique back-office management system, which includes multi-level network and credit management modules to provide an effective way of managing multi-tier distribution networks with full control over the amount of credits managed by each level in the network.

PacificNet Games’ multi-player gaming machines are widely accepted in some of the most popular casinos in Macau, including SJM, Casino Lisboa, Galaxy Casino, Holiday Inn Macau, Greek Mythology, and Jai-Alai Casino, as well as in the Philippines.