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.