Tuesday, March 26, 2019
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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...

500.com posts widened loss in 2018

China-lottery service provider 500.com on Thursday reported a widened net loss for the 2018 year period, totaling RMB453.9 million (US$66 million), compared to a...

Chinese police arrest eight in online gambling ring

Chinese police have detained eight people for organizing cross-border gambling, which involves over RMB130 million (US$19.2 million), local media reports. The police were tipped...

Jury is still out whether Beijing’s clampdown on forex will affect Macau

It is currently unclear whether Beijing’s latest efforts to criminalize illegal forex trading activities will have any effect on gaming in Macau, but analysts...

What next for China’s booming lottery sector?

China’s lottery sector continues to boom, but uncertainty over how Beijing may react to the rapid growth continues to linger, with big questions over the future direction of online sales and sports betting.

AGTech appoints new exec director and CFO

China lottery supplier AGTECH Holdings has announced the resignation of its executive director and chief financial officer Mr. Zhou Haijing, effective Jan. 30. AGTech...

China lottery sales up 19.9 pct in 2018

China lottery sales jumped 19.9 percent in 2018, reaching RMB 511.5 billion (US$75.9 billion), according to a report from Xinhua. The Chinese lottery market,...

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February GGR up 4.4 percent due to resilient mass

Following a slightly weaker than expected Chinese New Year week, Macau gross gaming revenue grew 4.4 percent year-on-year in the month of February, performing...

ASEAN Poker Freeroll set for March 20

RealTime Gaming, Alderney eGambling, Continent 8 have teamed up with All-In Translations to offer the official Invitational Poker Freeroll at the ASEAN Gaming Summit,...

Landing COO steps down

Landing International Chief Operating Officer Jay Lee stepped down from his post at the Hong Kong-listed operator in January, according to the executive’s LinkedIn...

Bloomberry gets summons over Bangladesh heist case

Bloomberry Resorts said its gaming unit has been cited in a U.S. civil case attempting to recover funds stolen from Bangladesh’s central bank. In a...

Interblock promotes Michael Hu to president of Asia Pacific 

Luxury gaming manufacturer and electronic table game (ETG) manufacturer, Interblock has promoted Michael Hu from Vice President of Asia to President of Asia Pacific....