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PLC backs out of lottery operations with licensing deal

14th June 2011 8:16 am GMT

Following the failure to launch its new mobile phone lottery service in Vietnam last year, Canada’s Pacific Lottery Corporation (PLC) has now moved away from its previous focus on operational management, signing its first licensing agreement to provide online lottery technology to Cai Sheng Holdings Limited, an affiliate of Chinese lottery technology supplier Chinalotto Technology Inc.

In an effort to attain profitability, PLC said that it has shifted its business focus away from a day-to-day operational [...]

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