GGRAsia – LotSynergy gets third Gansu province contract

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()

LotSynergy gets third Gansu province contract

Jan 26, 2015 Newsdesk Industry Talk, Latest News, Rest of Asia

LotSynergy gets third Gansu province contract

A subsidiary of China LotSynergy Holdings Ltd has just won a bid to supply sports lottery terminals to Gansu province, in mainland China, the company said on Friday.

This was the group’s third win in the provision of sports lottery terminals to that province, it said.

Hong Kong-listed China LotSynergy is a provider of technology and services to mainland China’s lottery market.

In 2014, mainland China’s sports lottery sales grew by 33 percent in year-on-year terms, amounting to RMB176.4 billion. Sales in Gansu province exceeded RMB2.7 billion (US$28.2 billion), up by 25 percent.

Over the past year, China LotSynergy has won multiple contracts to supply lottery terminals to several mainland China provinces. The company said last month it had now expanded its sports lottery terminal business to nine provinces and regions across mainland China.

Related articles

Sport betting boosts China Sept lottery...
Oct 25, 2018
China lottery new rules hint offline...
Sep 07, 2018

More news

GEN Malaysia domestic tax rate on VIP...
Nov 21, 2018
Macau GDP expansion slows in 3Q as...
Nov 21, 2018

E-Sports and potential to bring millennials to casinos
Sep 19, 2018

Nowadays, millennials, people who were born in the 1980s or...
Food and drink major non-gaming push: Macau casino ops
Aug 16, 2018

Food and drink have been heavily marketed as part of Macau...
Macau law needs revamp to allow more concessions: experts
Jun 27, 2018

Macau’s gaming law needs to be amended in order to...

GEN Malaysia domestic tax rate on VIP lower than feared

GEN Malaysia domestic tax rate on VIP lower than feared

Nov 21, 2018

The announced 10-percentage point rise in tax on VIP casino gross gaming revenue (GGR) applicable to Resorts World Genting (pictured) – Malaysia’s only licensed casino venue – is starting...

Macau GDP expansion slows in 3Q as gaming growth eases

Macau GDP expansion slows in 3Q as gaming growth eases

Nov 21, 2018

Govt silence on Macau gaming concessions a concern: Telsey

Govt silence on Macau gaming concessions a concern: Telsey

Nov 21, 2018

Novomatic to focus on optimisation potential: Neumann

Novomatic to focus on optimisation potential: Neumann

Nov 21, 2018