China LotSynergy wins bids to supply Heilongjiang, Guangxi lotteries

Guangzhou Lottnal Terminal Company, a subsidiary of China LotSynergy Holdings Ltd, has won bids to supply the Heilongjiang and Guangxi Sports Lotteries.

The recent deals will see China LotSynergy claim 30 percent market share of this year’s total Sports Lottery terminal procurement volume nationwide, while retaining top supplier position so far this year, the company said.

Sports Lottery sales in Heilongjiang have increased in the past three years from RMB3 billion ($470 million) in 2012 to a new high of RMB7 billion in 2014, seeing the province take eighth place in terms of sales nationwide.

Guangxi, being a new strategic development focal point in the Southwestern and South Central parts of China, “has seen outstanding performance in its Sports Lottery in recent year.”

“While nationwide lottery sales growth is slowing down this year, Guangxi’s Sports Lottery sales maintained strong growth, with an 80.6% increase year-on-year for the first seven months of 2015, claiming first place in terms of growth nationwide.”

 

Latest Intelligence

Latest issue

PATA CEO sees slow recovery, but optimism for future

AGB Podcasts