500.com Limited, a Ministry of Finance-authorised online sports-lottery vendor in China, saw its shares soar by more than 50 per cent during its first day of trading on the New York Stock Exchange Friday.
The company had priced its initial public offering of 5,786,000 American Depositary Shares (ADSs) at $13.00 per [...]
China LotSynergy Holdings has developed a new telephone lottery sales system platform for the Shanghai Welfare Lottery Issuance Centre, with Shanghai becoming the third Welfare Lottery sales authority in China to sell lottery products via the telephone.
Greek lottery and gaming systems provider Intralot has strengthened its relationship with the Taiwan Sports Lottery Corporation (TSLC), securing a ten-year contract to supply the lottery with online and land-based single-event betting services.
Despite a disappointing third quarter performance which saw revenue fall by 24 per cent year-on-year, Germany’s Tipp24 said Wednesday that it is “excellently positioned” to benefit from the growth of the worldwide online lottery market, beginning with a new joint venture in the UK with Geonomics.
The company said that the [...]
Canadian provincial lottery operator Loto-Quebec has temporarily removed the Poker Grand Prix game from its online gaming site EspaceJeux.com after a software error led to erroneous payouts to players.
Italian gaming supplier GTECH has increased its share of the video lottery terminal (VLT) market in the US state of Oregon following the signing of a new supply deal with the Oregon Lottery.
Following a request for offers, GTECH’s subsidiary SPIELO International Canada ULC will supply 1,500 new OXYGEN VLTs and [...]
Pennsylvania Governor Tom Corbett has agreed to extend the deadline for Camelot’s proposed bid to take over as the private manager of the Pennsylvania Lottery, despite the State Treasurer Rob McCord this week urging the governor to end what he called the “flawed and wasteful privatization effort.”
500.com ltd., a Ministry of Finance-authorised online sports-lottery vendor in China, has filed for a $150m initial public offering (IPO) on the New York Stock Exchange.
China's AGTech has won three competitive tenders in its home market that will see it expand its sports lottery business in the provinces of Zhejiang and Shaanxi and the autonomous region of Inner Mongolia.
China’s AGTech has secured approval from the country’s Ministry of Finance to launch a second virtual sports product in the country through its joint venture with Ladbrokes, with Virtual Football set to go live in the Jiangsu province.
Eight of Italy’s 10 video lottery terminal (VLT) concession holders, including Lottmatica and SNAI, have moved to settle a long-running court case with the Italian Court of Auditors (Corte dei Conti) over alleged violations of the terms of their concession agreements dating back to the opening of the country’s VLT [...]
The Irish government has confirmed that a consortium comprising of UK National Lottery operator Camelot and Irish state-owned postal services provider An Post have been selected as the preferred applicant for the exclusive operation of the National Lottery in Ireland.