Gaming

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Gaming

Gaming and Entertainment

In line with the Group's business strategy of "dual engine" and seeking recurring income and cashflow, the Group continue to expand in the gaming sector. In Brisbane, Australia, the Consortium, a joint venture between FEC Australia, a wholly owned subsidiary of the Group, The Star Entertainment Group Limited ("The Star") and Chow Tai Fook Enterprises Limited ("CTF"), entered into development agreements with the Queensland State for the delivery of the Queen's Wharf Brisbane project ("QWB") through its 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.

In Australia, the Group, CTF and The Star entered into an agreement under which the parties will form a strategic alliance to facilitate mutual business growth and enable each party to benefit from each other's capabilities and scale and to leverage each party's experience and expertise to assist in the future growth and development of each of the parties' business.

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  • Queen's Wharf, Brisbane

    Brisbane, Australia

    The Destination Brisbane Consortium, a joint venture between the Group, The Star and Chow Tai Fook Group (CTF), entered into development agreements with the Queensland State, Australia for the delivery of the Queen's Wharf, Brisbane Project.

  • Strategic Alliance with The Star and Chow Tai Fook

    Australia

    In March 2018, The Group, Chow Tai Fook Group ("CTF") and The Star Entertainment Group Limited ("The Star") entered into an agreement under which the parties will form a strategic alliance to facilitate mutual business growth and enable each party to benefit from each other's capabilities and scale and to leverage each party's experience and expertise to assist in the future growth and development of each of the parties' business, including in respect of the development of and participation in the future developments of The Star and other nominated developments, and 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. Revenue from TWC owns and operates a portfolio of 3 casinos in Czech Republic. All the casinos of TWC feature gaming tables and slot machines and are situated on the Czech 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 will endeavor to introduce Asian customers to TWC’s properties to supplement the Group’s hospitality offerings geographically.