Sunday, January 26, 2020

Maharashtra bans online lotteries from other states

Maharashtra Deputy Chief Minister and state Finance Minister Ajit Pawar have decided to ban online lotteries from other states, in order to support the...

Playwin defaults on loan repayments, insolvency petition filed

Essel Group’s Pan India Network Limited, which operates various lotteries under the Playwin brand, has found to have defaulted on payment of various dues...

500 suspends lottery operations in Sweden

Chinese lottery service provider 500 dot com, says it has temporarily suspended its operations in Sweden, as it failed to renew its license before...

AGTech deepens cooperation with Alibaba Group

AGTech Holdings has announced that its wholly-owned subsidiary, Beijing GOT Technology, has entered into an agreement with Alibaba China to provide equipment and maintenance services including POS terminals and face recognition payment equipment, which may be applied to offline retail sales as well as lottery sales.

AGTech to supply lottery terminals in Zhejiang and Henan

AGTech Holdings Limited reported to the Hong Kong Stock Exchange on Thursday that one of its wholly-owned subsidiaries had won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centers in Zhejiang province and Henan province.

Meghalaya approves rules for lotteries

Meghalaya, a state in northeastern India along the border with Bangladesh, has approved rules for a state lottery which they hope will become a strong source for state revenues.

AGTech swings to loss in Jan-Sept period

Lottery service provider AGTech Holdings posted a loss of HK$73.1 million (US$9.3 million) for the first nine months of 2019, due mainly to several...

500.com Q3 net loss narrows on lower expenses

Lottery service provider 500.com saw its net loss narrow in 19Q3, due mainly to a year-on-year reduction in operating expenses.  Net revenues decreased 67.4 percent...
Bangkok, Thailand

Majority of Thais gamble, report finds

A new survey has found that 30.42 million Thais, or 57 percent of the population, have participated in gambling this year, despite a government ban.

AGTech wins lottery projects in Jiangsu and Heilongjiang

AGTech Holdings on Monday announced that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd has won the sports lottery terminal procurement bidding projects...

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Melco bets on blockchain in innovation drive

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PAGCOR, AMLC sign agreement for cooperation

The Philippines gaming regulator has signed a deal with the country’s anti-money laundering watchdog to tighten their cooperation in the fight against money laundering,...

Cambodia airlines to suffers from low Chinese inflow

Despite a rising number of passenger arrivals to Cambodia’s international airports, along with new flight routes and destinations, the country’s airline sector appears to...

SunCity purchase of Westside Resorts site to complete end March

SunCity Group Holdings has revealed that its payment of $200 million to secure the project site for Westside City Resorts World will be completed...

Macau’s CSR drive – with one eye on Beijing?

Macau’s operators have stepped up their corporate social responsibility (CSR) efforts in recent years, in particular when it comes to China cultural cooperation, which may help their case when it comes to concession renewal.