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AGTech widens 2011 loss despite Lucky Racing growth

26th March 2012 7:42 am GMT

Chinese sports lottery provider said Friday that it expects a further roll-out of its Lucky Racing virtual sports betting game to more provinces in China, following the successful launch of the game in Hunan which helped the company record a 6 per cent increase in total revenues to HK$111.3m (€10.8m) for the 2011 year.

Since its launch on August 30th of last year, Lucky Racing has helped to generate RMB500m in total sales, with the game [...]

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