Financial News

Alongside posting a 35 per cent increase in turnover to HK$460.5m (€44.5m) for the first half of 2014, lottery supplier China LotSynergy Holdings said that it is currently facing “unprecedented opportunities and transformations” in the Chinese lottery sector due to the development of new mobile and internet channels.

The company said that the ‘new media’ lottery sector is expected to thrive in 2014, with the lottery industry witnessing an “accelerated integration” of online and offline businesses.

“The group is poised to strengthen its existing businesses and earnings base, while striving to capture new business opportunities to achieve new growth drivers, thus creating greater value for its shareholders,” said China LotSynergy.

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