China's Richest Man Bets Billions on Gaming Company

As the world's richest man, Wang Jianlin doesn't shy away from making big bets.

In December, Wang's Dalian Wanda Group agreed to pay $2.6 billion for a controlling stake in Legendary Entertainment, the production company behind hits like "The Dark Knight," "Jurassic World" and "Inception."

Now Wang is setting his sights on the gaming industry.

Wanda has agreed to pay $9.3 billion for a 91% stake in Swiss-based gaming company Infront Sports & Media, which owns the rights to some of the world's biggest sports events, including the Olympics and soccer's World Cup.

The move comes as China tries to boost its slowing economy by ramping up investment in sports and entertainment. The value of China's sports market is expected to grow from $220 billion last year to $460 billion by 2025, according to research firm Oliver Wyman.

"This acquisition will help make Wanda a giant in sports entertainment," Wang said in a statement announcing the deal.

Infront CEO Philippe Blatter said the deal will help make his company "a global leader in sports marketing, media and licensing."

The acquisition still needs regulatory approval and is expected to close by the end of the year.

Fortunes of China to Launch in March

The much anticipated Fortunes of China will finally launch in March, giving players the chance to experience all the excitement and riches of Chinese culture.

Featuring beautiful graphics and an immersive storyline, Fortunes of China transports players to a land of mystery and magic, where they can discover hidden treasures and power-ups, interact with intriguing characters, and battle against fierce monsters.

With its many hours of captivating gameplay, Fortunes of China is sure to provide players with a truly unique and engaging experience. So be sure to mark your calendar for its March release – it's sure to be well worth the wait!

China's Gaming Industry to Grow by 20% This Year

According to a report published by the China Internet Network Information Center (CNNIC), the country's online gaming industry is expected to grow by 20% in 2018, reaching a total market size of RMB 195.8 billion (US$29.5 billion).

The report said that there are now 632 million online gamers in China, accounting for 54% of the country's population. In terms of genres, strategy games and puzzle games are the most popular, followed by shooting games and MMOs (massively multiplayer online games).

The Chinese gaming industry has seen rapid growth in recent years, thanks to the increasing availability of high-quality content, advances in internet technology, and rising consumer spending power. In 2017, the market size reached RMB 176.9 billion (US$26.5 billion), up 19.7% from the previous year.

Foreign companies have been keen to tap into China's booming gaming market, with many launching joint ventures or investing in local companies. For example, last year Japanese gaming giant Nintendo set up a joint venture with Chinese partner Tencent to develop mobile games for the Chinese market. Tencent is also the parent company of Riot Games, developer of one of China's most popular online games – League of Legends.

Chinese tech giants Alibaba and Baidu are also active in the gaming sector. Alibaba has invested in game developer NetEase, while Baidu has set up its own gaming unit known as Baidu Game Domain Holdings.

How to Play Fortunes of China

The Fortunes of China is a five-reel and twenty pay line slot game from Pragmatic Play. The game is inspired by the tales of ancient China, where players can enjoy classic symbols and features in an exotic setting.

To begin playing, set your bet and coin value by pressing the plus or minus buttons on either side of the Bet field. Then hit spin to get the game started! If you'd like to play all 20 lines, press the Lines button underneath the reels. You can also use the Auto Play function to let the computer do the spinning for you.

Fortunes of China has a wide range of winning combinations, starting with 3 identical symbols on a pay line. The most valuable symbol in the game is the golden dragon, which pays out up to 1,000 coins for 5 matching symbols. Other high-paying symbols include oriental vases, fans and scrolls.

The game also includes a wild symbol represented by a Yin Yang sign. This symbol can stand in for any other symbol to create winning combinations, except for bonus symbols. Bonus symbols appear on reels 2, 3 and 4 only, and can trigger either the free games bonus or the bonus Wheel feature.

The free games bonus is activated when 3 bonus symbols appear anywhere on reels 2, 3 and 4 simultaneously. This awards 10 free spins during which all wins are doubled. The bonus Wheel feature is activated when 4 bonus symbols appear simultaneously. This awards 5 spins on a special wheel where you can win instant cash prizes or even more free spins!

If you're looking for an exciting slots experience with big potential payouts, don't miss out on Fortunes of China!

Fortunes of China Slotgaming Goes Live!

The allure of Chinese culture has drawn in gamblers for centuries, so it was only natural that online slot developers would seek to create a game based on the Chinese market. And so it was that Fortunes of China Slotgaming went live on September 1st, 2017.

The new game is set in an ancient Chinese palace and features symbols like dragons and lotus flowers. Players can choose from a range of bet options starting at $0.10 per spin and going up to $100 per spin.

According to early feedback, players are loving the visual experience and the potential for big payouts: "The graphics are amazing! I hit a jackpot for over $1,000 the other day – I can't wait to see what else this game has in store for me."

Fortunes of China Slotgaming joins a growing number of games themed around different countries and cultures. Other popular examples include games based on Ancient Greece, Ireland, and Mexico. The trend is expected to continue in the coming years as developers look to create more immersive gaming experiences for players around the world.