Hong Kong-listed Chinese lottery supplier AGTech Holdings has reported a 24 per cent drop in revenue to HK$14.9m for the first quarter of 2017, as the company looks to expand into the non-lottery gaming sector with the launch of social gaming and skill-based games in China.

While reduced sales of lottery hardware products continue to impact the company's revenue, AGTech has taken a number of steps to deliver growth in the future, with the help of its majority shareholders Alibaba and Ant Financial.

Premium subscribers continue here to the full article.

Related

GIQ Magazine Digital Edition