• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

China LotSynergy wins multiple lottery terminal deals

Sep 24, 2015 Newsdesk Industry Talk, Latest News, Rest of Asia  


China LotSynergy wins multiple lottery terminal deals

China LotSynergy Holdings Ltd, a provider of technology and services for the mainland China’s lottery market, said its subsidiary Guangzhou Lottnal Terminal Co Ltd has been chosen to supply computer-generated ticket terminals for sports lottery game sales in Heilongjiang and Guangxi provinces.

This was the second time that China LotSynergy’s subsidiary was chosen to supply terminals to Heilongjiang’s sports lottery, and the third time it had been chosen as a supplier in Guangxi province, the firm said in a filing to the Hong Kong Stock Exchange on Wednesday.

It added: “To date, the group has claimed 30 percent market share of this year’s total sports lottery terminal procurement volume nationwide, and retained its top supplier position.”

Mainland China’s total sales in July for the country’s official lottery declined 27.3 percent year-on-year to approximately RMB27.1 billion (US$4.2 billion), according to official data.

Combined lottery sales in the first seven months of this year amounted to RMB214.7 billion, a year-on-year fall of 0.4 percent. Sports lottery sales declined by 3.4 percent to about RMB96.3 billion in the period.

While nationwide lottery sales growth is slowing down this year, sports lottery sales in Guangxi province jumped 80.6 percent year-on-year in the first seven months of 2015 to RMB1.1 billion. Sports lottery sales in Heilongjiang however are down 1.2 percent in the seven months to July 31 compared to the prior-year period.

In August, China LotSynergy reported a net loss of HKD148.1 million (US$19.1 million) for the first half of 2015, compared to a net profit of HKD54.9 million a year earlier. The firm said the loss was mainly due to an impairment of goodwill amounting to approximately HKD95.3 million.


  • tweet
Related articles
  • Macau eases test validity to 7 days for Guangdong visitors
    Macau eases test validity to 7 days for...

    Jun 01, 2022  

  • Sands China cuts as tourism dips, local jobs ok: Wong
    Sands China cuts as tourism dips, local...

    Apr 18, 2022  

More news
  • Macau drops 48hr nucleic acid test for casino staff, guests
    Macau drops 48hr nucleic acid test for...

    Jun 30, 2022  

  • Universal hopes Okada Manila biz listed before Sept 30
    Universal hopes Okada Manila biz listed...

    Jun 30, 2022  


Latest News

Macau drops 48hr nucleic acid test for casino staff, guests

Macau drops 48hr nucleic acid test for casino staff, guests

Jun 30, 2022  

The Macau government announced on Thursday the cancellation of a plan for a nucleic acid test certificate requirement with 48 hour validity, for casino staff, casino customers and official visitors...
Read More
Universal hopes Okada Manila biz listed before Sept 30

Universal hopes Okada Manila biz listed before Sept 30

Jun 30, 2022  

5-casino Thai market ok says National Assembly committee

5-casino Thai market ok says National Assembly committee

Jun 30, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"During our six years in office, we were able to record more than PHP300 billion [in revenue]"

Andrea Domingo

Chairman of the Philippines’ gaming regulator Pagcor



Most Popular

  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
  • Macau drops 48hr nucleic acid test for casino staff, guestsMacau drops 48hr nucleic acid test for casino staff, guests June 30, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us