Vanguard gets Shanghai lottery phone sale rights

China Vanguard Group Ltd. said the Shanghai Welfare Lottery Issuing Center had agreed to authorized its Shenzhen Sheng-Gang Technology

 

Co. subsidiary to sell lottery tickets via SMS and interactive voice response systems in exchange for an undisclosed share of revenue. The Hong Kong-listed company said Sheng-Gang will have a one-year exclusive over new distribution channels it develops.