Lotto losses compounds HKJC’s fiscal decline
The Hong Kong Jockey Club (HKJC) has reported an 11.6% decline in turnover to HK$218.8bn (US$28.2 billion) for the year ended 30 June 2020,...
500.com reports unaudited financial results for Q2 2020
Chinese lottery operator 500.com has reported its unaudited financial results for the second quarter ended June 30, 2020. The Q2 highlights show net revenues...
Vietlott confirms big plans for H2
As reported by iGB, the second half of 2020 will see the Vietnam Lottery Company, Vietlott, launch a pilot programme for SMS-based sales of...
China Sports Lottery joins project to develop third-party lottery market
Berjaya Corporation Bhd (BCorp) has announced it is partnering with the China Sports Lottery HKJC INFOTECH (CSLJC) for an initial five-year term.
Effective immediately, the...
Tabcorp signs Jumbo 10-year extension
As reported by iGB, Australian lotteries and gaming operator Tabcorp has announced the signing of a long-term extension of its reseller agreement with Jumbo...
Australia’s Tabcorp declares AUS $870m losses
Australia based gambling firm Tabcorp Holdings has declared annual statutory operating losses of AUS $870m citing a combination of asset impairment charges and COVID-19...
Changes ahead as Tabcorp struggles in post-COVID landscape
Following its recent $1bn division write-down, Australian based gambling firm Tabcorp has announced a management shake-up, which sees the departure of the company's chief...
Thai lotteries set for review as GLO moves to cut out ‘middlemen’
As reported by local news provider Nation Thailand, the Government Lottery Office (GLO) is currently in the process of reviewing a list of 200,000...
Lottery industry set to benefit from Chinese anti-counterfeit technology
As reported by AsiaOne, business development company Sinopharm Tech Holdings has announced that, in conjunction with Beijing Cai-Yan Technology, it will be launching a...
Tabcorp braced for $1bn COVID hit
Due to COVID-19 shutdowns and ‘the possible acceleration of retail contraction’, Tabcorp Holdings is set to write down its wagering and media business by...