Century Entertainment Signs MOU with WPT for Mobile App Development Joint Venture

Reuters

Jan 08

Century Entertainment Signs MOU with WPT for Mobile App Development Joint Venture

Century Entertainment International Holdings Ltd. announced that its joint venture company has entered into a non-binding memorandum of understanding (MOU) with WPT. The MOU outlines the parties' intention to negotiate and enter into a definitive agreement for the development, operation, and monetisation of mobile applications, leveraging WPT's online platform, proprietary content, and technical infrastructure. Under the proposed arrangement, the joint venture company would focus on application development, marketing, and player acquisition, while being entitled to 15% of the net gaming profit generated from the mobile applications, settled monthly. The MOU is not legally binding except for provisions on confidentiality and governing law, and the cooperation remains subject to further negotiation and execution of a definitive agreement. Trading in Century Entertainment's shares remains suspended until further notice.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260108-11985373), on January 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: HKEX-EPS-20260108-11985373), on January 08, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00959","symbol_name":"世纪娱乐国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260108:nNDL5fxLgy:1","article_id":"2601369379","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601369379","pubTimestamp":1767874415,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Century Entertainment International Holdings Ltd. announced that its joint venture company has entered into a non-binding memorandum of understanding  with WPT. 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