Saturday, March 30, 2019

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...

Malaysia illegal lottery revenue tops legal operators

Malaysia’s illegal lottery business is generating about 60 percent more revenue than the six legal operators combined, local media reports.While the six collectively...

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...

IGT reports narrowed loss in 2018

Gaming supplier IGT reported a significantly narrowed loss of $21 million in 2018, reflecting a reduction in non-cash impairment charges, and foreign exchange gains...

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...

Manipur government to reintroduce lottery to the state

The Deputy Chief Minister of Manipur, Yumnam Joykumar on Thursday announced that the state plans to reintroduce lottery, which is expected to bolster state...

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...

Scientific Games and Tabcorp elevate keno experience in Australia

Scientific Games Corporation today announced that it is collaborating with gaming giant Tabcorp, to enhance its keno offering in pubs and clubs across Australia....

GST Council to decide on uniform tax rate for lotteries

A state ministerial panel set up to review the tax rate on lottery has recommended setting a standard GST rate for all lottery of...

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.

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Nurturing linked progressives

Interview with Aristocrat1) What has been the biggest development for your company in Asia this year?We have been fortunate to have had an exciting...

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...

Korean firms eye Primorye zone

Three firms from South Korea are eyeing projects in the Primorye gambling zone in Russia’s far east, with Summit Ascent, the region’s only existing...

Travellers International 2018 revenue gains on VIP gaming

Travellers International Hotel Group, the operator of Resorts World Manila, reported a 16.9 percent increase in gross gambling revenue for 2018, boosted mainly by...

Rapid expansion seen for 2019

1) What has been the biggest development for your company in Asia this year?A strategically executed 2018 plan has seen eBET’s player base double,...