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 expanding its digital gaming and technology-driven entertainment business [1] Group 1: Partnership Details - The joint venture plans to utilize WPT's online platform and technical solutions to develop and commercialize ten types of mobile applications [1] - The company will handle player recruitment, marketing, business development, and customization of the applications, 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 Implications - The memorandum provides a framework for collaboration, allowing both parties to leverage WPT's experience and operational support while focusing on application development and player acquisition [1] - The board believes that this memorandum aligns with the company's strategy to expand its footprint in the digital gaming and technology-driven entertainment sectors, complementing existing joint ventures and licensing arrangements with WPT [1]
世纪娱乐国际合资公司与WPT订立谅解备忘录 拟共同开发、营运及实现移动应用程式的商业化