A supplier to mainland China’s regulated lottery industry is among nine companies newly approved for membership of the Association of Gaming Equipment Manufacturers (AGEM).
The nine newcomers take AGEM’s membership tally to a record 162 businesses, according to a Wednesday press release.
The Chinese new member, Shenzhen General Lottery Technology Co Ltd – also known as Genlot – is, according to Bloomberg information, a privately-held business based in Shenzhen. The city is a special economic zone of mainland China’s Guangdong province, and neighbours Hong Kong.
The company is described by Bloomberg as a supplier of “lottery systems, including instant ticket, short-period game, member management, real-time payment, disaster recovery, system and network monitoring, financial management, terminal devices, distribution channel management and data mining systems; and video converters”. Genlot also reportedly provides research on consumer behaviour; performs lottery games market analysis; and provides training services.
Other new members of AGEM announced in a statement on Wednesday include: financial services firm JP Morgan Chase and Co, based in New York City in the United States; Jackpot Digital Inc, based in Vancouver, Canada, a maker of electronic table games for the cruise ship and regulated casino industries; Betson Enterprises, part of H. Betti Industries Inc, based in Carlstadt, New Jersey, in the U.S., a supplier of technology for the video lottery terminal market; and Dominode a business based in Boca Raton, Florida in the U.S., a provider to the gaming industry of technology for identity verification.
AGEM is a non-profit international trade association representing manufacturers and suppliers of electronic gaming devices, systems, table games, online technology, key components, and support products and services for the gaming industry.
Feb 16, 2018Due to the Chinese New Year holiday, the GGRAsia team will be off between February 16 and 19. We will be back on February 20. We wish all our readers a prosperous Year of the Dog!
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”A challenge to Macau's economic model could potentially emerge over the longer term should China revise existing criminal laws that prohibit most forms of gambling in the mainland... Even in such a scenario, Fitch would expect this to occur gradually”
Fitch Ratings Inc