Alibaba Launches Its Own Online Casino

Alibaba, the Chinese e-commerce giant, has announced its plans to launch its own online casino. The new platform, which is set to go live in early 2019, will offer a wide range of games including poker, blackjack and roulette.

The company has been granted a license by the government of Macau to operate the casino and it is expected to create thousands of jobs in the region. Alibaba has stated that it will partner with established gaming providers such as MGM and SJM Holdings to offer a selection of high quality games.

Macau is an ideal location for Alibaba's new casino venture as it is already a major gambling hub. The region generated over $37 billion in revenue from gambling in 2017, and analysts expect this figure to grow in the coming years.

Alibaba's entry into the online gambling market is likely to put pressure on existing operators such as PokerStars and William Hill. The company has already made moves to enter the global online casino market, acquiring monopoly rights in Portugal last year.

Alibaba's move into online gambling comes at a time when the industry is growing rapidly. In 2017, global revenue from online gambling reached $41 billion, and this figure is expected to exceed $60 billion by 2020.

Alibaba Begins Trading Gaming Shares

For the first time, gaming shares began trading on the stock market with Alibaba Group Holding Ltd. (BABA) at the helm. The Chinese conglomerate founded a dedicated video gaming unit in 2014 and is now looking to raise as much as $5 billion from the sale of about a third of that business, people familiar with the matter said.

Shares of Chinese video game operators plunged on Wednesday morning following the announcement. The move comes as Beijing intensifies scrutiny of the industry, which it has feared could lead to addiction and social disorder.

Alibaba's new video gaming division is one of the most anticipated IPOs in Hong Kong this year and will test investor appetite for companies with ties to China's internet giants. Domestic brands such as Tencent Holdings Ltd., Yingde Gases Co. and Sunny Optical Technology Group Co. have dominated China's $30 billion gaming market, according to research firm NewZoo BV.

Alibaba is selling its stake in the new entity to investors including existing shareholders,, which include Capital International Private Equity Fund LP and Silver Lake Partners LP, as well as new investors.. The move underscores the growing importance of games to Alibaba, which has been seeking new growth engines amid an economic slowdown in China and tougher competition from Tencent Holdings Ltd.(TCEHY). Alibaba's core e-commerce business still generates more than three-quarters of its revenue.

The company didn't say how much money it expects to raise from the share sale. It plans to list the video-gaming unit in Hong Kong first before considering a U.S. listing, one of the people said.-- Xiaoyu Ma and Liza Lin,Bloomberg ,2019

How to Play Alibaba: The Chinese Giant's SlotGaming Platform

With a population of over 1.4 billion, China is a massive potential market for online gaming providers. And Alibaba, the Chinese e-commerce giant, is seeking to capitalize on this with the launch of its new slotgaming platform, Alibaba Slot Gaming (ASG). Here's how to play:

1. Register for an account

To get started, you'll need to create an account on the ASG website. This is a quick and easy process – all you need is your name, email address and phone number.

1. Deposit funds

Once you have registered for an account, you can then deposit funds into it using one of the many payment methods available on the site. These include credit and debit cards, Alipay, WeChat Pay and UnionPay.

1. Choose your game

Now that you have deposited some funds into your account, it's time to choose your game! The ASG platform has a wide range of games to choose from, including both classic and modern slots titles. Simply click on the game you want to play and start spinning those reels!

1. Start winning!

As they say, the best way to learn is by doing! So go ahead and start spinning those reels – who knows, you may just hit the jackpot! And if you need any help along the way, don't forget that Alibaba Slot Gaming has a excellent customer support team who are more than happy to help.

Free Play Alibaba Now Open to All Players

In a recent blog post, Chinese tech giant Alibaba announced that their popular free-to-play mobile game, Free Play, is now open to all players in the world. The game has been a big hit in China, with over 150 million downloads, and the company is hoping to replicate that success overseas.

Free Play is a simplified version of classic board games like Mahjong and Dominoes. In the game, players can compete against each other or computer-controlled opponents in matches of either one or three rounds. Matches are played on boards which are six tiles wide and ten tiles high. The goal is to remove all of the tiles from the board by matching them with others of the same type.

Players can earn coins by winning matches, and they can use those coins to buy new boards, tiles, and backgrounds for their profile picture. There are also a number of power-ups available which can give players an edge in matches.

The game has been translated into English and other languages, and Alibaba is offering rewards to players who help test the game in other regions. So far, Free Play has been well received in Taiwan and Indonesia, where it has already become one of the top ten grossing apps on iOS and Android.

First Look: Alibaba's SlotGaming Interface

Today, we're taking a look at Alibaba's SlotGaming interface. SlotGaming is a new way to play casino games that was developed by Alibaba. It's a browser-based platform that allows you to play casino games without having to download any software.

One of the things that sets SlotGaming apart is its social features. You can play with your friends, and there are leaderboards and rankings so you can compete with others. There are also badges and rewards that you can earn as you play.

SlotGaming is available in English and Chinese, so it's perfect for gamers around the world. There are over 100 games to choose from, including popular titles like Game of Thrones and Jurassic World. You can also find games that are exclusive to SlotGaming, such as Temple of Tut.

The graphics and sound quality are excellent, making for an immersive gaming experience. You can play on your desktop or mobile device, so you can take your games with you wherever you go.

SlotGaming is a great option for casino fans who want a quick and easy way to enjoy their favourite games. The social features make it a lot of fun to play with friends, and there are plenty of games to choose from. If you're looking for an exciting new way to play casino games, then be sure to check out SlotGaming!