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Hong Kong’s Far East Consortium granted Malta online gaming license as Europe casino revenues rise


kramkram

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Hong Kong’s Far East Consortium International Ltd says it has been granted an online gaming license in Malta as it looks to expand its gaming interests in Europe.

The update formed part of the company’s interim results announcement for the six months to 30 September 2022, which saw revenue from gaming operations increase by 70.5% year-on-year to HK$147 million (US$18.8 million).

Far East operates three casinos in the Czech Republic under its wholly-owned subsidiary Trans World Corporation (TWC) – all located along the borders with Germany and Austria. The three casinos were rebranded as “PALASINIO” earlier this year.

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