The Maharashtra government is raising its tax per draw on lotteries by Rs 30,000 (US$458) to Rs 100,000 from July 1, 2017.
This week, AGB interviews Quanta Technology about trends and developments in Asia lottery, with a focus on mobile and technology innovation.
IGT 4Q earnings missed estimates pulled down by lower gaming service revenue.
With the ASEAN Gaming Summit conference only a few weeks away, AGB sits down with representatives of Quanta Technologies Ltd. to discuss some key trends they foresee in Asian gaming markets.
The Ministry of Finance reported January lottery sales in Mainland China fell by 10.7 percent year on year, hurt by the timing of the Chinese New Year holiday.
Lottery, casino and horse racing revenues in South Korea expanded sharply in 2016 despite a long-lasting economic slowdown, local media reports.
Six daily newspapers in Maharashtra have been ordered by the High Court of Bombay to cease the publication of “matka numbers”.
NY-listed 500 .com successfully narrowed its net loss in 16Q4 to RMB 5.7 million (US$0.8 million), compared to RMB 109.7 million in the prior year period.
NMi has announced its latest accreditation which allows it to carry out certification audits for World Lottery Association (WLA) members against the WLA Security Control Standards 2016 (SCS) on a global basis.
China lottery sales rose 7.3 percent to RMB 394.6 billion (US$57.5 billion) in 2016, according to data from the Ministry of Finance.