Macau extends lottery monopoly

    Macau is likely to extend Sociedade de Lotarias Wing Hing Lda’s monopoly right to run a Chinese lottery in Macau until December 31, 2014, according to local media. Annual revenue for the lottery has been around six million patacas ($751,000) since 2007. Wing Hing has been signing one-year contracts consecutively since 2010. Its previous one expired at the end of last calendar year.