Century Entertainment has moved to expand its gaming footprint across the Asia-Pacific region through a joint venture with Philippines-based World Platinum Technologies (WPT). The new partnership centers on advancing and promoting WPT’s gaming system platforms and related content, leveraging both firms’ expertise and market reach.
The joint venture company, named Konphil Technology Company Limited, was incorporated in Hong Kong on June 26, 2025. The final joint venture agreement was signed on July 9.
Under the deal, Century holds an initial 51% equity interest, while WPT holds 49%. However, the ownership structure will evolve due to new share issuances tied to performance targets.
According to disclosed details, WPT will be issued over 12.8 million new shares immediately, equivalent to 10% of the company’s existing share capital. An additional 12.8 million shares will be issued within 15 months if the joint venture meets specified revenue milestones.
If fully executed, this would give WPT a 16.66% stake, with another key shareholder, Ho Tsz Ying, holding 23.38%, and other investors owning the remaining 59.96%.
Century Entertainment said it views the agreement as a strategic move to boost shareholder returns and diversify its business. “The company considers that there will be growth potential in gaming platforms and content in Asia-Pacific countries,” it stated.
By combining Century’s long-standing involvement in Southeast Asia’s gaming sector with WPT’s technical capabilities, the joint venture is expected to create new opportunities in regional markets.
The new entity will be treated as a non-wholly owned subsidiary of Century Entertainment, with its financial results consolidated into the group’s accounts. The development comes during a period of transition for Century Entertainment, following the resignation of Ng Man Sun as Chairman and CEO.
Ng, known for his deep ties to Macau’s junket industry and to the late Dr. Stanley Ho, previously guided the company, then operating under the name Amax International Holdings, through its role as a Macau junket promoter. Amax notably held a nearly 25% stake in Greek Mythology Casino before writing off the asset in 2019, several years after Macau’s regulator ordered the property closed.
