Gaming

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Gaming

Gaming and Entertainment

In line with the Group's "dual engine" strategy of seeking both recurring income and cashflow, the Group has continued to expand in the gaming sector. In Australia, the Group, The Star Entertainment Group Limited (“The Star”), and Chow Tai Fook Enterprises Limited (“CTF”), entered into a strategic alliance to facilitate mutual business growth, enabling all parties to benefit from each other’s scale and expertise to assist in the growth and development of each business. In Brisbane, this joint venture (“The Consortium”) entered into development agreements with the state of Queensland to deliver the Queen’s Wharf Brisbane project (”QWB”) through various related entities.

In Europe, the Group grew its business by establishing a gaming platform with the full acquisition of Trans World Corporation ("TWC") which primarily engages in the hospitality and gaming business in Czech Republic, Germany and Austria.

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  • Queen's Wharf, Brisbane

    Brisbane, Australia

    The Destination Brisbane Consortium a joint venture between the Group, The Star Entertainment Group Limited (“The Star”) and Chow Tai Fook Group (CTF), entered into development agreements with the state of Queensland to deliver the Queen’s Wharf Brisbane project

  • Strategic Alliance with The Star and Chow Tai Fook

    Australia

    In Australia, the Group, The Star Entertainment Group Limited (“The Star”), and Chow Tai Fook Enterprises Limited (“CTF”), entered into a strategic alliance to facilitate mutual business growth, enabling all parties to benefit from each other’s scale and expertise to assist in the growth and development of each business . Some benefits include involvement in The Star’s future projects and any others for which FEC is nominated, as well as the provision of certain marketing services.

  • Trans World Corporation (TWC)

    Germany, Austria, Czech Republic

    The Group completed the acquisition of Trans World Corporation (TWC) on 30 April 2018. TWC owns and operates a portfolio of 3 casinos in Czech Republic, all of which feature gaming tables and slot machines ,and The casinos are situated on Czechoslovakia’s respective borders with Germany and Austria, catering to cross-border guests from these countries. With the Group’s implementation of the “Asian Wallet” strategy, the Group endeavours to introduce Asian customers to TWC’s properties, thus supplementing hospitality offerings on a geographic level.