Chinese lottery technology supplier China Vanguard Group (CVG) has entered into an agreement to provide a SMS lottery transaction platform for the Shanghai Welfare Lottery.
Through its direct wholly-owned subsidiary, Sheng Gang, CVG will be authorised in the provision of IVR (interactive voice response system) and SMS lottery transaction platform, in return for a certain percentage of lottery sales generated. Sheng Gang will also be responsible for the development of new distribution channels via the IVR and [...]