China Vanguard signs cooperation agreement with Shandong province

    The Shandong Sports Lottery Administration Centre has entered into an agreement with China Vanguard Group to roll out interactive self-service solutions in Shandong. China Vanguard will also be responsible for joint marketing, advertising and training for the interactive solutions. Shandong Sports Lottery Administration Centre will pay the Group a certain percentage of total sales generated. In terms of the sports lottery, Shandong is one of the most-developed provinces in the PRC and recorded RMB12.24 billion ($1.98 billion) in sales in 2013 with a year-on-year growth rate of 15.5 percent, making it the second largest province in the PRC for sports lottery.