Tag Archives: China Welfare Lottery

Gilbert Wong, AGTech: Expanding lottery business in China and beyond

Gilbert Wong, AGTech

In supplying 200 games to over 45 million users so far in 2020, Paytm First Games has become a leading gaming destination in India, headlined by games dedicated to Fantasy cricket, Rummy and Trivia. Paytm First Games is a joint venture (JV) in India between One97 Communications, which offers services including payments to mobile consumers under the Paytm brand, and …

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AGTech extends lottery hardware business through Alibaba

AGTech & Alibaba

AGTech Holdings subsidiary Beijing GOT Technology has entered into an agreement with its parent company Alibaba Group to supply equipment including point-of-sale (POS) terminals and facial recognition payment equipment. According to the agreement, AGTech may provide equipment and maintenance services to Alibaba through open bidding and commercial negotiations.  Such equipment include, but not limited to, POS terminals and face recognition …

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China audits fund management amid growing scepticism of lottery operators

Chinese government auditors are to check the management and use of lottery funds, amid growing scepticism of approved national lottery operators. Officials from the China Audit Office have been sent to 18 provinces in order to review the management and expenditure of funds accumulated through lottery services.  The review will focus on China’s two state lotteries – The Welfare Lottery …

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