Hong Kong-listed Century Entertainment Corp says it has entered into an official operating agreement with Philippines-based World Platinum Technologies Inc (WPT) under which it has, via a recently incorporated joint venture company, been granted access to WPT’s online gaming platform.
The two parties had previously inked a non-binding MOU.
Under the terms of the three-year operating agreement, the joint venture company – of which Century Entertainment owns 51% and WPT 49% – will have access to the platform and related content and technology for the purpose of developing, operating and monetizing gaming apps targeting markets in the Asia-Pacific region, excluding the Philippines. WPT will be entitled to 15% of all gross gaming revenues generated, to be settled monthly, although Century Entertainment said annual payments are expected to be under HK$3 million at this stage.
Explaining the reasons for the operating agreement, Century Entertainment said it is “actively pursuing growth opportunities in the digital gaming sector across the Asia-Pacific region”.
As such, “The Operating Agreement enables the joint venture company to leverage WPT’s PAGCOR-accredited gaming platform, proprietary content and regulatory infrastructure to efficiently develop and deploy a diversified portfolio of mobile gaming applications in a cost-efficient manner, without the need to obtain independent gaming licences or develop core platform technology.
“The revenue-sharing structure aligns the commercial interests of the shareholders of the joint venture company while allowing the company to participate in the potential growth of online gaming markets in permitted jurisdictions with limited upfront capital commitment. The arrangement also provides operational flexibility through termination rights for convenience, subject to 90 days’ prior notice.”
Century Entertainment noted that WPT’s PAGCOR-accredited platform includes RNG-certified gaming systems and KYC/AML and responsible gaming controls.
The move into online gaming comes after Century Entertainment last year terminated an agreement to operate gaming tables at a casino in Cambodia’s Dara Sakor. That agreement had been closely tied to the company’s Chairman and CEO – long-time Macau junket identity Ng Man Sun – who stepped down from his positions in late May 2025.
The company has, however, flagged the possibility of operating gaming tables at a casino in Vietnam instead, revealing late last year that had signed a non-binding letter of intent in such regard.
Century Entertainment was formerly known as Amax International Holdings, which under Ng’s watch – and thanks to his connections to Dr Stanley Ho – was a significant player in Macau’s junket industry. Amax also held a near-25% stake in the Greek Mythology casino which it wrote-off as an asset in 2019, some four years after Macau’s DICJ ordered the casino’s closure.
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