Archive

_2021-03-12
Union Gaming analyst John DeCree declared in a note that “IGT's lottery business was once again a shining star in 4Q20. "Globally, sales for instant ticket and draw games increased 8% in 4Q20 following nearly 11% growth in 3Q20."

_2020-12-03
India's Supreme Court has rejected a petition by Skill Lotto Solutions against the government's decision to impose a general sales tax of 12 percent on lottery tickets. That tax rises to 28 percent if the tickets are sold to someone in another state.

_2020-07-28
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.

_2019-08-12
AGTech Holdings posted a loss for the first half of 2019 and said revenue declined by 22.7 percent due to lower lottery hardware sales.

_2019-02-01
China’s lottery sector continues to boom, but uncertainty over how Beijing may react to the rapid growth continues to linger, with big questions over the future direction of online sales and sports betting.

_2018-11-07
500.com, 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.

_2017-08-05
The High Court of Punjab and Haryana has ruled that online fantasy games require skill and therefore can’t be considered gambling, which is illegal.