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China LotSynergy results hit by uncertainty over VLT supply deal

23rd March 2016 7:46 am GMT

China LotSynergy Holdings has reported a 38 per cent drop in turnover to HK$643.7m for the full 2015 year, with results impacted by continuing uncertainty regarding its video lottery terminal (VLT) supply deal with the China Welfare Lottery Centre (CWLC).

The drop in turnover meant that the company recorded a loss of $497.7m for the year, with results also impacted by the online lottery suspension in China, a fair value loss of [...]

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