Hong Kong-listed Century Entertainment International said its joint venture has signed a memorandum of understanding (MOU) with Philippines-based World Platinum Technologies (WPT) to develop, operate, and monetize mobile gaming applications, according to a filing with the Hong Kong Stock Exchange on Thursday.
The non-binding MOU was entered into after trading hours on January 8th, 2026, by the joint venture company, Konphil Technology Company Limited. Under the arrangement, the parties expressed their intention to move toward a definitive leasing and operating agreement focused on mobile applications, marking the latest step in Century Entertainment’s push into digital and technology-driven gaming.
According to the filing, the joint venture plans to leverage WPT’s online platform and technology-based solutions to develop up to ten types of mobile applications.
The JV will be responsible for application development and customization, player acquisition, marketing, and business development. WPT, in turn, will provide access to its proprietary content and platform, conduct know-your-customer (KYC) and anti-money-laundering (AML) checks, onboard players, and deliver customer service, operational and technical support, as well as periodic performance data.
Subject to the execution of a definitive agreement, WPT is expected to be entitled to 15 percent of the net gaming profit generated from the mobile applications, with settlements anticipated on a monthly basis. The company noted that, aside from provisions on confidentiality and governing law, the MOU is not legally binding and remains subject to further negotiation.
Century Entertainment said the MOU aligns with its broader strategy to expand its footprint in digital gaming and complements its existing joint venture and licensing arrangements with WPT.
The development builds on an earlier move announced in July 2025, when Century Entertainment formed a joint venture with WPT to pursue gaming system platforms and content opportunities across the Asia-Pacific region. That partnership resulted in the establishment of Konphil Technology Company Limited, with Century Entertainment holding a 51 percent stake and WPT owning the remaining 49 percent.
