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500.com to develop retail sales channel for China Sports Lottery

7th March 2018 5:59 am GMT

New York-listed lottery provider 500.com has entered into an agreement to develop a new retail sales channel to sell Sports Lottery tickets in China.

The framework agreement sees the China Sports Lottery Administration Center provide support to the project, with both companies cooperating in the development of the new physical channel.

500.com will aim to strike agreements with provincial sports lottery centers to install its Sports Lottery terminals, as well as providing relevant maintenance and operational services.

The company said that the [...]

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