Century Casinos eyes China market with cruise gaming
Nasdaq-listed gaming operator Century Casinos Inc announced on Thursday the opening of a casino on board the cruise ship ‘Glory Sea’. It said the move would help the firm develop its business in the Chinese cruise market, via gaming facilities catering to VIP players.
The cruise ship is operated by Diamond Cruise International Co Ltd, a subsidiary of mainland Chinese travel company Suzhou Taihu International Travel Agency, according to the travel agency’s corporate website. The ship made this week its maiden voyage from Shanghai, in China, to Shimonoseki in Japan.
The ‘Glory Sea’ has capacity for more than 1,200 passengers, and comprises a casino that features “an initial gaming mix” of 40 slot machines and 16 live gaming tables, according to Century Casinos’ press release on Thursday.
“The casino will cater to regular cruise passengers as well as VIP players provided by junket operators,” said Century Casinos.
The cruise is set to focus on the Chinese cruise market with “four-day trips between China, South Korea and Japan,” added the Nasdaq-listed company.
“This is a very cost-effective way for our company to gain a foothold in the lucrative Chinese market and certainly has the potential to grow our ship-based casino segment to a very meaningful size,” said the co-chief executives of Century Casinos; Erwin Haitzmann and Peter Hoetzinger, in a statement accompanying the press release.
According to Century Casinos, Diamond Cruise International plans to acquire three to four new ships in the next five years in order to build its market share in the Chinese cruise business segment.
Latest News
G2E Asia 2023: Singapore
-
Alfastreet’s new Verso cabinet heading to Asian markets Alfastreet, a manufacturer of electronic gaming machines,... -
Sega Sammy Creation growing land-based, eyes online Casino equipment maker Sega Sammy Creation Inc is tweaking... -
iGaming growing in Asia, ops tackling challenges: Uplatform The iGaming segment in Asia “has grown rapidly” since... -
‘See before you play’ slot marketing tool, say tech... Showing slot machine players – via animations on the... -
Macau stocks tied to China outlook: Bloomberg analyst Macau stocks in likelihood “have been punished too much... -
Investors still eye possible fresh IR locations in Japan:... There are foreign companies still interested in investing... -
Thai casino law possible in 2024, IR in 2030: govt adviser Thailand could pass the necessary enabling legislation for... -
China still ‘critical’ to Asian markets: G2E Asia panel China will remain a key market for Asian gaming... -
Much interest in state casinos sale, says Pagcor boss Alejandro Tengco (pictured in a file photo), chairman and... -
Gaming industry in for a very exciting period: Bill Miller There are “plenty of reasons” for the global gaming... -
IGT flags route to high-performing games for Asia Gaming equipment provider International Game Technology Plc... -
G2E Singapore trade show, conference begins today The Global Gaming Expo (G2E) Asia 2023 Special Edition:... -
Novomatic’s Black Edition II cabinets at G2E in Singapore Austria-based gaming equipment maker and operator Novomatic... -
Uplatform to show latest iGaming products at G2E Singapore Sports betting and online casino operating platform... -
L&W ambition to be No1 in Asia well on its way: SVP... The business performance in Asia of gaming content and... -
G2E Singapore expecting 6k visitors, 100+ exhibitors The organisers of Global Gaming Expo (G2E) Asia 2023... -
‘Dragon Unleashed’ slot link by L&W at G2E in... Gaming content and equipment supplier Light & Wonder... -
Sega Sammy Creation new multi-ETG at G2E in Singapore Casino equipment maker Sega Sammy Creation Inc is to... -
Aristocrat at G2E Asia in Singapore previews Year of Dragon Casino slot machine and digital gaming content provider... -
IGT ‘Prosperity’ link in Asia show debut G2E in... The Global Gaming Expo (G2E) Asia event in Singapore is the... -
Thai parliament adviser on casinos attending G2E Singapore An adviser to a Thailand parliamentary committee mulling...
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Lam Yi Young resigns as deputy CEO Resorts World Sentosa June 2, 2023 
MBS en route to US$500mln quarterly EBITDA: LVS boss June 1, 2023 
China stimulus package could benefit Macau stocks: CBRE June 2, 2023
