REXLot 2013 Profit, Sales Gain; Sees World Cup Opportunity

REXLot Holdings Ltd. full-year 2013 profit attributable to shareholders rose to HK$869.0 million ($112 million) from HK$821.3 million last year. On a per share basis, earnings were HK$9.58 cents from HK$9.13 cents last year. Turnover from continuing operations for the year rose to HK$2.17 billion from HK$1.96 billion. Looking ahead Rexlot said it expects the upcoming FIFA World Cup in Brazil to help arouse interest in single-match games business in China. “New lottery products and the evolution of lottery distribution channels will be the key for lottery market to achieve sustainable growth. We believe that these are the two important elements that will bring China lottery market to the next level in future by expanding the size of lottery players, hence an increased lottery spending,” it said.

 

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