Sunday, June 26, 2022


Title image Q3 net loss narrows on lower expenses


Lottery service provider saw its net loss narrow in 19Q3, due mainly to a year-on-year reduction in operating expenses.  Net revenues decr

Title image net loss widens in 19Q1 on Europe woes


China lottery service provider posted a widened net loss in the first quarter of 2019, reaching RMB93.2 million (US$13.9 million), due mainly

Title image posts widened loss in 2018


China-lottery service provider on Thursday reported a widened net loss for the 2018 year period, totaling RMB453.9 million (US$66 million), co

Title image Q3 loss widens, revenue edges higher on Europe sales

2018-11-07, a Chinese online sports lottery provider, said its Q3 loss widened, though revenue edged higher on online sales in Europe following the acquisition of Malta-based The Multi Group (TMG) in July 2017.

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Governor Onaga's death shakes up Okinawa prospects


The sudden death of Governor Takeshi Onaga on Wednesday has thrown Okinawa politics into turmoil, with potential implications for the IR industry.

Title image chairman resigns

2018-08-01, an online sports lottery service in China, said its Chairman Yonghong Zhang has stepped down and will be replaced by Huixuan Wang.

Title image Q2 revenue jumps on TMG acquisition

2018-07-27, a provider of lottery services in China reported soaring revenue for Q2, helped by the early July acquisition of TMG Group, an online lottery betting and online casino platforms operated out of Malta.

Title image COO Zheng steps down

2018-06-04, an online sports lottery service provider in China, said Lei Zheng has resigned as chief operating officer of the company due to personal rea

Title image to develop physical sales channels for Hainan Lottery


Mainland China sports lottery provider has inked an agreement with the Hunan Provincial Bureau to develop physical sales channels for its lott

Title image announces change in board composition


Mainland Chinese lottery supplier Ltd has announced the stepping down of its chairman, Mr. Lian Qi, effective November 1, 2017. In his place i

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2017-10-25 is a leading online sports lottery service provider in China with the largest market share in the six months ended June 30, 2013 and the secon

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MelcoLot mulls rebranding


Lottery supplier MelcoLot is proposing a change to its english name to Loto Interactive Limited, in a move to provide the company with a more “appro

Title image to acquire 41 pct of MelcoLot


Sports lottery provider 500,com Ltd. is buying a 40.65 percent stake in MelcoLot Ltd. for approximately HK$322.2 million (US$41.3 million) through a s

Title image acquires Malta lottery group


Sports lottery service provider 500,com Ltd today announced that it is acquiring approximately 93 percent of outstanding shares of The Multi Group Ltd

Title image reports narrowed net loss in 16Q4


NY-listed 500 .com successfully narrowed its net loss in 16Q4 to RMB 5.7 million (US$0.8 million), compared to RMB 109.7 million in the prior year per

Title image posts $11.3 million loss in 16Q3


Online sports lottery provider has reported a net loss of RMB 75.3 million ($11.3 million) for the third quarter of 2016. The net loss is more reports widened loss in 16Q1


China lottery provider reported a net loss of RMB90.9 million (US$14.1 million), down from RMB52.0 million for the first quarter of 2015. The

Title image appoints Angel Yan Ki Wong as independent director


Chinese sports lottery operator has confirmed the appointment of Angel Yan Ki Wong as a new independent director. Ki Wong who at present serve

Title image struggles to catch up with market


China’s online sports-lottery operator, Ltd, reported a 44 percent drop in operating profit in the fourth quarter last year as it struggle

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