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Where's the Communication?

Just months ago the online casino industry and Dynasty investors were thrilled at the company’s rapid expansion and lucrative partnership offers. But then without much notice the company’s share price dropped significantly, investors are concerned and upset, and the online casino mahjong specialist is tipped lipped about what caused the rapid changes. The Chinese market has proven a tough nut to crack for many online casinos software companies, but with the specialized knowledge from industry partners, it looked as though intern Mahjong was going to make the breakthrough into the Asian market.

Over the past year Dynasty Gaming had announced partnerships and collaborations with some of the top online casino companies in the industry. A few of the company’s collaborative partners include: Sohu, Sino Strategic International, 95 Joy, Las Vegas From Home, MahjongClub.com, Evolution Gaming Ltd, and Shanda Interactive Entertainment. Investors and online casino industry analysts alike all watched as Dynasty’s stock increased, the company gained a higher profile, and the possibilities were endless. Plans to develop software and games for internet poker, online casinos, internet mahjong and more were just a few of the company’s highlights.

Then, out of the blue according to most in the online casino industry, and even those at Dynasty, the company decided to head in a new direction. A knowledgeable CEO left the company, stocks began to plummet, the company announced it would no longer be involved in software development, and through it all Dynasty has failed to communicate with investors and the public about future plans and where the company is headed.

A poster for the online casino Mahjong company summed up the situation well, “Dynasty decided it did not want to be a software company, which led to the resignation of its CIO. Dynasty did nothing with its license to market in China and the tournament was cancelled. Today we have no software, no revenue, possibly no license in China, and following the departure of the CFO, little gaming experience within management.”