Century Entertainment Enters Joint Venture Agreement to Develop Gaming Platform

Reuters

2025/06/10

Century Entertainment Enters Joint Venture Agreement to Develop Gaming Platform

Century Entertainment International Holdings Ltd. has announced that it has entered into a non-binding memorandum of understanding with a gaming system service provider from the Philippines, licensed by the Philippine Amusement and Gaming Corporation. This collaboration aims to establish a joint venture to enhance and expand upon the JV Partner's existing gaming platform and content development capabilities. The joint venture will be set up as a limited liability company in Hong Kong, with Century Entertainment holding a 51% equity interest and the JV Partner holding 49%. The initiative is part of Century Entertainment's strategy to develop innovative technologies related to AR/VR applications and expand its gaming operations. Further announcements will be made as developments occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Century Entertainment International Holdings Ltd. published the original content used to generate this news brief on June 10, 2025, and is solely responsible for the information contained therein.

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