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AGTech gets China Sports Lottery AR contract

AGTech Holdings says one of its units have been awarded a contract for a research, development and operation project for augmented reality products for the China Sports Lottery.

500.com net loss widens in 19Q1 on Europe woes

China lottery service provider 500.com posted a widened net loss in the first quarter of 2019, reaching RMB93.2 million (US$13.9 million), due mainly to...

AGTech swings to Q1 loss, though revenue gains

AGTech Holdings, which provides lottery hardware, games, systems and services in Mainland China, swung to a loss for Q1 due to non-operating items relating to the fair value changes in convertible bonds and other items.

AGTech unit gets Guangxi lottery contract

Hong Kong-listed AGTech Holdings said its Beijing AGTech GOT Technology unit has won the tender to supply lottery terminal to the Sports Lottery Administration Center in the Guangxi Zhuang Autonomous Region of China.

China places approvals ban on poker and mahjong games

Online poker and mahjong games will no longer be approved under new rules aimed at giving minimizing gaming addiction harm and give the government...

China introduces an easier visa process for citizens

China’s National Immigration Administration (NIA) is making it easier for mainland Chinese residents to travel to Hong Kong, Macao, and Taiwan through a newly...

AGTech swings to profit in 2018 on non-operating items

AGTech Holdings Limited on Saturday announced its final results for the year ended December 31, 2018, revealing a profit of approximately HK$317.1 million (US$40.4...

Credit rebound could stabilize high-end play: Bernstein

An uptick in credit impulse in China seen in early 2019, if sustainable, could help to stabilize high-end play in Macau and overall GGR...

AGTech wins digital service platform bid from Guangdong Sports Lottery

Lottery solutions provider AGTech Holdings has won an open bidding from Guangdong Provincial Sports Lottery Center to launch a "network service platform", according to...

AGTech wins tender to supply lottery hardware to Hainan, Tianjin

China lottery supplier AGTech Holdings has won a tender to supply lottery terminals in Tianjin and Hainan. In a filing to the Hong Kong...

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The head of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, who was scheduled to deliver a keynote speech at G2E Asia yesterday,...

India tax officials question fantasy sports GST best practice

India’s tax authorities are currently working out how to best tax online fantasy gaming businesses, after launching an inquiry into how GST is calculated,...