Thursday, October 29, 2020

Digital growth allows Lotto NZ to beat profit projections

The New Zealand Lottery Commission (Lotto NZ) was able to surpass expectations and post a profit during its 2019-20 fiscal year, with a strong digital performance offsetting the impact of Covid-19 on retail sales.

China to end high-frequency lottery sales

China has announced further curbs on the sale of high-frequency lottery products and virtual sports and plans to ban them completely from next year. 

AGTech announces end to two virtual sports lottery games

AGTech Holdings has announced that two of its virtual sports lottery games have been terminated, a football-themed virtual sports lottery game e-Ball Lottery in Jiangsu Province and a motor racing-themed virtual sports lottery game “Lucky Racing” in Hunan Province

Sugal & Damani enters bidding for UK lottery

India's Sugal & Damani Group has entered the bidding for the UK Gambling Commission’s competition to select an operator for the UK National Lottery, the world's sixth largest by sales.
500 .com auditor resigns over disagreement on Japan bribery case

500 .com auditor resigns over disagreement on Japan bribery case

Online sports lottery provider 500 .com has announced that its auditor, Friedman LLP, resigned last week in connection with the Japan bribery case, and...

500 .com resumes its business in Sweden

500 .com has announced that its Malta-based subsidiary The Multi Group has been granted a renewed e-Gaming license for two years for secondary lottery...
Sports drives first 2020 gain in China lottery

Sports drives first 2020 gain in China lottery 

China’s two lotteries put in an impressive performance in July, marking their first month of year-on-year growth of 2020.

AGTech gets five more sports lottery contracts

AGTech Holdings said it has won sports lottery procurement contracts for five more Chinese provinces.

Lotto NZ apologizes for poor tech

Lotto NZ CEO Chris Lyman has apologized for some of the glitches in online services amidst a spike in gambling activity and said the company expects to have completely revamped its technology by 2024.

China lottery figures fall 41.7 percent in H1

Sales in China’s two state lotteries dropped 41.7 percent in the first half, with the Sports Lottery faring worse than the Welfare Lottery.

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