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Monday 6th June 2005

Gambling Federation & Mahjong Mania sign Online Mahjong Deal

Mahjong Mania, a trading name for gaming software developer Mahjong Systems Limited is pleased to announce a major software agreement with online casino leader, Gambling Federation. The deal will have Mahjong Mania provide its industry-leading Mahjong software to Gambling Federation for use within its online gaming suite.

Gambling Federation’s CEO Flaviano Fogli commented, “We are very pleased to work with Mahjong Mania to increase the scope of our gaming suite. We believe that Mahjong will prove to be one of the most significant new games in the gaming industry, and we are happy to have this opportunity to pioneer Mahjong with our other international games in our software”.

The mahjong software will initially be available at Gambling Federation’s premier licensor, Videopokerclassic.com.

Mahjong Mania President, Adriaan Brink said, “We are very pleased to integrate our Mahjong network into the Gambling Federation software. We expect their significant Asian player base to enhance our overall liquidity and the playing experience for all of our customers”.

Mahjong Mania operates the only aggregate play-for-money Mahjong game on the Internet. By pooling players from all its partners and allowing them to play against one another Mahjong Mania is able to ensure optimal liquidity and player numbers.

Mahjong is arguably the most widely played game in the world. A household game in China (45% of Hong Kong residents surveyed claimed to have played at home for money) Mahjong presents enormous potential for operators of Internet casinos and sports books who seek to penetrate the difficult Asian markets. Mahjong games are also widely played in Japan, Korea, Taiwan and across Asia.

Chinese Internet penetration, currently around 95M people (still less than 10% of the population) is growing rapidly and is expected to surpass all other countries in gross numbers over the next few years.

Mahjong Mania is in the process of being acquired by Events International Holding Corporation, a Montreal-based public company whose shares are listed on the TSX Venture Exchange under the symbol “EIH”. The proposed transaction is presently going through a due diligence review and has not received final regulatory approval.




Source:OnlineCasinoNews



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