China LotSynergy Holdings has strengthened its position in the Chinese lottery systems market with the acquisition of Beijing Bestinfo Cyber Technology (Bestinfo) for a total consideration of RMB60.0m (€7.8m).
Bestinfo is a leading provider of IT technology and services in China which specialises in the research and development of lottery transaction and management systems.
China LotSyn said that the acquisition, through a wholly owned subsidiary Beijing Kexun Tiandi Technology, further enhances the group’s capabilities in lottery system [...]