China Vanguard signs Qinghai Sports Lottery accord

    China Vanguard has reached an agreement to provide the Qinghai Sports Lottery Administration Centre with sales and management services related to its interactive self-service lottery.
    Hong Kong-listed China Vanguard will be responsible for the joint planning of marketing, advertising and training related to interactive self-service lottery solutions; the development, provision and maintenance of interactive self-service lottery solutions; and the operation of interactive self-service lottery stores, including the self-operated. The lottery administration will pay the group a percentage of total sales generated.
    “The board believes the interactive self-service lottery business has huge market potential and is in line with the group’s recent development direction,” it said “The board will
    strive to capture more of such opportunity in the future.”
    To date, the group’s lottery related business expands across 16 provinces in China.