Sunday, December 16, 2018

Police raid Mumbai online lottery centres

Police have raided seven online lottery centres in central Mumbai, arresting 11 for evading the Goods and Services Tax by issuing hand written tickets...

AGTech wins the contract for virtual football lottery in Jiangsu

A subsidiary of AGTech Holdings, Asia Gaming Technologies (Beijing) Co., has been awarded the technical cooperation contract by the Jiangsu Sports Lottery Administration Centre...

China downplays reports $20b missing in lottery

Chinese authorities are downplaying reports circulating on social media that RMB136 billion ($19.5 billion) has been embezzled from the state lotteries by corrupt officials.

Bombay HC upholds Maharashtra lottery tax

The Bombay High Court has upheld a Maharashtra government's act which levies tax on sale of lottery tickets in the state, local media reports....

Scientific Games net loss widens, revenue gains

Scientific Games reported its Q3 net loss widened due to restructuring and other charges, though revenue gained. Revenue was up 7 percent to $821.0 million,...

500.com Q3 loss widens, revenue edges higher on Europe sales

500.com, a Chinese online sports lottery provider, said its Q3 loss widened, though revenue edged higher on online sales in Europe following the acquisition of Malta-based The Multi Group (TMG) in July 2017.

IGT Q3 adjusted EBITDA tops estimates, revenue misses

International Game Technology said Q3 adjusted EBITDA gained 3 percent to $443 million, beating analysts’ expectations, though it fell short of forecasts on revenue.

Sugal & Damani launches India’s first mobile lottery app

India lottery distributor Sugal & Damani has become the first operator in the country to offer the sale of lottery tickets through mobile, local...
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China lottery sales increase 13.3 pct in Sept

Mainland China’s lottery sales increased by 13.3 percent year-on-year in the month of September, driven by continued growth in its sports lottery. According to...

Cambodia-based group to develop blockchain lottery platform

Kelly Holding Group, a Cambodia-based company, says it is developing a blockchain powered lottery platform aimed at “revolutionizing” the lottery industry. In a press...

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Japan a key focus at MGS Entertainment Show

The upcoming Japanese IR market was a focus of the second day of the Macao Gaming Show, held at the Venetian Expo Hall in...

Genting sues Fox, Disney for $1b for breach of contract

Genting Malaysia is suing Walt Disney Co. and 20th Century Fox for $1 billion for pulling out of a contract for a Fox-themed amusement park at its Resorts World Genting property in Malaysia.

Two police chiefs jailed in $420m gambling ring

Vietnam’s former national police chief Phan Van Vinh and former head of hi-tech crimes police department Nguyen Thanh Hoa were sentenced to nine and...

Former Wynn shareholder files lawsuit

Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock. According...

Sikkim’s new airport to drive casino traffic

After waiting for almost a decade, Sikkim, nestled in the mountainous far north of India, finally got an airport in October, which is likely to provide a boost to gambling operators in the remote state.