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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.

AGTech swings to profit on non-operating items

Lottery service provider AGTech Holdings said it swung to a profit in the nine months ended September 30, 2018, due mainly to several non-cash...

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.
Team

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...

Technical hurdles hinder Asian online gaming

Asia’s multi-billion dollar online gambling industry is an opportunity too big to ignore when it comes to the expansion plans of many global players, yet technical issues ranging from latency, through to security and payment systems can prove to be costly challenges for newcomers.

China strikes down horse-racing, gambling on Hainan Island

China’s Hainan island will not allow any form of horse racing, casinos or gambling, according to comments from Hainan's communist party chief Li Cigui...

Time to move the regulatory goalposts

There is no question that the global sports betting market is massive and growing fast. According to figures from respected statistics company, Statista, the global gross gaming yield now stands at about $400 billion, with the majority of that generated in Asia.

China’s Twitter to restrict access from minors

China social media app Weibo has set a minimum age for users as part of efforts from Beijing to curb online app addiction and...

AGTech secures sports lottery technical service supply contract

China lottery service provider AGTech has announced it has successfully won the bid to provide certain technical services to the China Sports Lottery. In a...

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Galaxy says IR would be a “good fit” for new Boracay

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Genting Malaysia to review marketing expenses after tax hikes

Genting Malaysia said it was reviewing marketing expenses and its cost structure after the government hiked casino taxes and duties in its annual budget, provoking the biggest one-day share price drop on record for the company.