# Palasino can import content from Stanley Ku-led GameSparcs

European gaming and leisure company Palacino Holdings, which was recently listed on the Hong Kong exchange, said on Monday its wholly-owned subsidiary had signed a memorandum of understanding (MOU) with Taiwan-listed gaming technology company Gamesfax for licensing online gaming content.


Palasino Technology (HK) Ltd. has access to a "diverse portfolio" of online gaming content from GameSparcs, a company led by Taiwan-based gaming technology entrepreneur Stanley Ku Kangwei.

Gamesfax distributes mobile games, develops its own online gaming platform, and supplies local area network-based gaming systems suitable for internet cafes.

Xiangxiang Games Inc., which trades as another of Gu's companies, XSGames, has been described as a cornerstone investor in Palacino Holdings.

"This MOU will be a significant milestone for Palasino as it enters the business-to-business online gaming market in Asia," Pavel Marshik, chief executive of Palasino Holdings, was quoted as saying in a Monday announcement

"We aim to further consolidate our position in the industry by delivering GameSfax's unconventional gaming content in our business."

Palasino Holdings operates three land casinos in the Czech Republic, one of which is within the integrated resort.

The entrepreneur recently told GGRAsia that a company called XS Group, consisting of Koo's companies GameSparcs, Shanghai Shang Games Co Ltd, and Velvix Corp, is aiming for global expansion for the launch of iGaming products and slot machines.

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