Red Tiger
Red Tiger

AGTech confident of future growth despite 2018 revenue decline

26th March 2019 9:24 am GMT

Hong Kong-listed lottery and gaming provider AGTech Holdings has reported a 44 per cent decrease in revenue to HK$168.6m for 2018, following a significant decline in its games and entertainment division.

Revenue from games and entertainment fell by $86.0m compared to the previous year, mainly due to changes at the division aimed at improving the overall quality, as well as the sustainability of the business.

Sales of lottery hardware also decreased, down $60.3m [...]

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