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January Lynsey

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HONG KONG — Gambling could be illegal in mainland China, but that is not halting Chinese tech buyers from betting on On line casino-model mobile games. In The latest case in point inside a growing development of huge specials for smartphone-centered games, a consortium of Chinese buyers led by the sport enterprise Shanghai Large Network Technology mentioned in a statement on Saturday that it could spend $four.4 billion to Caesars Interactive Entertainment for Playtika, its social and cell games device. Caesars Interactive is managed from the entrepreneurs of Caesars Palace as well as other casinos in Las Vegas and elsewhere.

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