add_filter( 'admin_email_check_interval' , '__return_false' ); Barbara Berzin - Page 4

With Switch 2 Possibly On The Horizon, Nintendo Is Skipping Gamescom 2024

Nintendo has confirmed that it is skipping Gamescom 2024. This breaks with tradition, as Nintendo had consistently participated in the event in the past.

“Gamescom is a great event, and each year we evaluate whether Nintendo should participate or not,” Nintendo UK told Eurogamer. “After careful consideration from all perspectives, we’ve made the decision not to be present at Gamescom 2024. Players will have opportunities to try out Nintendo Switch games at other events throughout the year.”

It’s unclear why Nintendo decided to pull out of the Gamescom 2024. The announcement to skip comes amid rumors that the Nintendo Switch successor will be released within the next year. In recent years, Nintendo has announced its latest hardware during its own dedicated events. Whether the decision to skip Gamescom this year will be a one-time thing or a reoccurring one is unknown. After all, Nintendo hasn’t participated in E3 since 2013, and that show is now permanently canceled.

Eurogamer reported that at Gamescom 2023, developers were given a behind-closed-doors look at the Switch successor, so it’s also possible that Nintendo wants to minimize the chance of any leaks occurring again.

Initially, it was reported that Nintendo would release its new device sometime in 2024. However, recent reports suggested that it was internally delayed to 2025.

The Nintendo Switch exclusive software lineup for 2024 is lighter compared to the past several years. So far, it consisted of mostly remasters or remakes of previous Nintendo games, such as Another Code: Recollection, Mario vs Donkey Kong, Paper Mario: The Thousand Year Door, and Luigi’s Mansion 2 HD. However, there are still new games, albeit on a smaller scope like Princess Peach: Showtime and Endless Ocean: Luminous. Of course, Metroid Prime 4 is still no where to be found and is seemingly still in development.

Xbox Game Pass Adds Cloud Streaming Touch Controls For Hitman Trilogy, Danganronpa, And More

Microsoft has announced the Xbox Game Pass update for the second half of April, which includes cloud touch controls being added to 12 more games, all of which are available now.

Announced in a blog post, 12 games have received touch controls when played through the cloud on phones or PCs. The list includes games that have recently been added to the Game Pass library, like Danganronpa: Trigger Happy Havoc Anniversary Edition, Zero Escape: The Nonary Games, and the Hitman Trilogy. Many of these games were already available on the cloud version of Xbox Game Pass, which is only included in the Xbox Game Pass Ultimate tier of the subscription, but now they can be played without a controller.

Xbox Game Pass cloud titles that now have touch controls:

  • Ben 10
  • Besiege
  • Danganronpa: Trigger Happy Havoc Anniversary Edition
  • Edge of Eternity
  • Hitman Trilogy
  • Lawn Mowing Simulator
  • Need For Speed: Hot Pursuit Remastered
  • Paw Patrol
  • Race with Ryan
  • Transformers Battlegrounds
  • Windjammers 2
  • Zero Escape: The Nonary Games

Mohegan Adds Up To US$142 Million In Extra Financing To Secure Inspire Korea Project Completion

Following Mohegan’s report earlier this month that it was working to introduce non-gaming entertainment at the Inspire resort in South Korea by the end of this year and a casino in early 2024, Mohegan Gaming and Entertainment, the US tribal gaming company operated by the Mohegan Tribe, announced today that it has promised to add up to KRW185 billion, which is approximately 142 million US dollars, in extra cash to secure the completion of the Korean Integrated resort project Inspire.

This amount can be divided into installments or invested all at once prior to September 30, 2023 and the money will be delivered to Mohegan’s South Korean subsidiary, Inspire Integrated Resorts Co., Ltd.

Reason for additional funding:

After securing approximately $1.55 billion in total financing to enable it to complete the first phase of its upcoming Inspire Entertainment Resort property, an Equity Commitment Letter was signed on February 16 confirming the company’s intention to secure extra funding for its unfinished resort project.

With the project currently at 43% in terms of construction, one of the main reasons for the additional investments is that, while ahead of schedule, more money is needed to complete it.

In this regard, company officials said: “The additional funding provides for certain non-dilutive equity capital contributions to Inspire as needed to complete the project in an amount up to KRW155 billion (US$119 million).”

However, that’s not all; as the company will also invest up to KRW30 billion, which is approximately 23 million US dollars, more to cover expansion and pre-opening costs in the event that these costs surpass budgeted amounts and available contingency funds.

The company’s moneylenders can make extra contributions if necessary, because they have become third-party express beneficiaries of the Equity Commitment Letter.

Also concurrently, Mohegan signed a Waiver and Consent Letter with those same moneylenders that requires the moneylenders to agree to certain amendments to the expansion plan for Inspire Korea, involving alterations to the fixed-price construction agreement to cover increased project scope and increased inflation costs.

In terms of investment, Mohegan signed an agreement in early January with Hanwha Hotel group, which contacted the company because of its desire to operate three 5-star hotel towers at the future resort.

The company agreed to do so in exchange for an extra $80 million “subordinate investment.”

Layout of the upcoming Mohegan Inspire:

The new resort will consist of three hotel towers, an arena, a foreigner-only casino, restaurants, retail, convention and entertainment facilities, a year-round water dome experience and an outdoor family park.

When it officially opens, it will become the second integrated resort in Incheon just after Paradise City, which is a joint development brought to life by a partnership between Korea’s Paradise Co and Sega Sammy Holdings, a Japanese international entertainment company.

Self-Proclaimed Accidental Casino Tycoon Dr Chen Lip Keong Passes Away Due To Illness

Dr Chen Lip Keong, a 76-year old tycoon from Malaysia and founder of NagaCorp, the Hong Kong-listed casino operator, died on December 8 after losing his battle with illness, according to the firm’s statement. In addition, at the time of his death, he possessed a net worth of $1.3 billion.

Dr Chen’s Background:

Raised as a member of the second-generation of a Chinese immigrant family, his home was initially Kinta Valley, a tin-mining region. In addition, Dr Chen studied medicine at the University of Malaysia, however, he felt a pull towards business.

Furthermore, he was involved in the production of aviation parts and property development. During 1990s, he decided to go on a trip to Cambodia in search of oil in the Gulf of SiamVenir de Tragamonedas Gratis Online. However, as soon as the government offered a license for a casino, Dr Chen, who had never visited a casino until then, jumped at the chance. For him, it was an opportunity to blend “steady cash flow with the property development.”

On a related note, the accidental tycoon, a self-proclaimed name, officially established the aforementioned NagaCorp during 1995, operating a casino on a chartered barge at the Bassac River close to the Phnom Penh’s Royal Palace. During 2000, NagaCorp purchased land close to the barge dock and started constructing NagaWorld, and the casino switched to the mainland during 2003. Then, during 2006, NagaCorp succeeded in becoming the 1st casino firm to “list on the Hong Kong stock exchange.” Finally, during 2017, Dr Chen was able to open a luxurious “twin-tower extension.”

Moreover, the Primorsky Entertainment Resort City project in Vladivostok, Russia, was one of the goals of Dr Chen, who also wanted to extend its casino kingdom. However, in 2022, he halted the partially constructed project indefinitely following Russia’s invasion of Ukraine, according to the Forbes.

In its latest press release, the firm paid tribute to its late founder, stating: “His many years of entrepreneurial, business and managerial experiences had been instrumental to the group’s success. Under Dr. Chen’s visionary leadership, the group has been achieving remarkable growth and development after years of careful navigation of the business and skillful and strategic management.”

Succession plans:

During June of this year, Forbes also revealed that he was preparing “succession plans“ for his casino firm. In this regard, in 2022 C-suite reshuffle, Dr Chen formally assumed the position of Senior Executive Director and named 3 of his sons as CEOs to individually oversee finance, operations and hotels. To strengthen the transition plans, he handed over a controlling stake in the NagaCorp to a family trust.

After his death, Yiy Fon was reappointed as CEO of the NagaCorp, which came into force from December 10. In this regard, NagaCorp said: “Yiy Fon, 41, who has headed operations since April 2022, will assume the leadership duties and responsibilities previously held by Chen.”

Zitro Launches Mighty Hammer at Gran Madrid – Casino Torrequebrada

Zitro, a world leader in entertainment offering video bingo and slot games, systems and online gaming, announced that its Mighty Hammer slot is now available at Gran Madrid | Casino Torrequebrada in Benalmádena, Málaga.

The agreement further expands Zitro’s European reach, allowing the company to solidify its presence in Spain. The multi-game slots, available on Allure Glare and Illusion Glare terminals, bring many exciting gaming experiences to players and will allow the property to engage its visitors with unforgettable spins.

According to Zitro, the Mighty Hammer games offer an “unparalleled journey with different emotions at each level of the bonus link.” In addition, Mighty Hammer is very dynamic and always keeps gamblers on the edge of their seats.

The deal with Gran Madrid | Casino Torrequebrada comes in the wake of an agreement between Zitro and VICCA Group in Colombia that saw the provider power several of the operator’s properties with games. This move expanded Zitro and VICCA’s existing relationship, consolidating the provider’s presence in the country.

Zitro Continues Its Global Expansion

Commenting on the current deal, Sergio Rupérez, Gran Madrid’s head of product said that the Mighty Hammer bonus game is something that his company’s players enjoy a lot. He noted that the addition poises the Casino Torrequebrada as one of the most attractive gambling destinations around.

We believe this latest addition will position us as one of the most attractive entertainment destinations on the Costa del Sol, offering a diverse range of choices to suit all tastes and preferences.

Sergio Rupérez, head of product, Gran Madrid

Zitro’s director of Casinos Spain, Jaime Aníbal-Álvarez, also shared his thoughts on the matter. He thanked the Gran Madrid group for realizing the potential of Mighty Hammer and including it in their entertainment offerings.

Aníbal-Álvarez said that he is very content with the ongoing deal between Zitro and Gran Madrid and is looking forward to innovating more alongside Zitro’s trusted partner.

Meanwhile, Zitro continues to expand its global presence. In addition to its recent Pariplay Fusion aggregation agreement, Zitro also launched a new office in Latin America. The hub is located in Buenos Aires, Argentina and will bolster Zitro’s presence in the region, setting it up for further growth.

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