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AGTech plots Chinese online lottery launch

24th March 2017 6:50 am GMT

Hong Kong-listed lottery supplier AGTech Holdings has taken steps to cement its position in the Chinese online lottery market, ahead of the long-awaited introduction of new regulations.

The company has agreed a deal to launch a new lottery channel on the online platform of Alipay, Alibaba's Chinese online payment processor.

AGTech said that the 50:50 joint venture operation of the Alipay Lottery Channel will enable it to tap into the online lottery [...]

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