Core Viewpoint - The company has entered into a non-binding memorandum of understanding with WPT to develop, operate, and commercialize mobile applications, indicating a strategic move towards digital gaming and technology-driven entertainment [1] Group 1: Partnership Details - The joint venture plans to utilize WPT's online platform and technology solutions to develop and commercialize ten types of mobile applications [1] - The joint venture will handle player recruitment, marketing, business development, and related application development, while WPT will provide proprietary content, platform access, and operational support [1] - WPT is expected to receive 15% of the net gaming profits generated by the mobile applications, with monthly settlements [1] Group 2: Strategic Alignment - The memorandum provides a framework for collaboration between the joint venture and WPT, aiming to enhance the development and commercialization of mobile applications beyond existing arrangements [1] - The company anticipates leveraging WPT's experience and operational support while focusing on application development, marketing, and player recruitment [1] - The board believes that the memorandum aligns with the company's strategy to expand its digital gaming and technology-driven entertainment business and is in the overall interest of the company and its shareholders [1]
世纪娱乐国际(00959.HK)合资公司拟携手WPT就移动应用程式开发、营运及商业化事宜开展合作