Lottery solutions providers 500.com and Loto Interactive have entered into a framework agreement with Shenzhen General Lottery Technology (Shenzhen GenLot) for the supply of sports lottery terminals in China.
Shenzhen GenLot will provide its approved sports lottery terminals to E-sun Sky and Loto Shenzhen, wholly owned subsidiaries of 500.com and Loto Interactive, for onward sales and distribution throughout the country.
The agreement will see the companies acquire up to 10,000 terminals in total, pursuant to separately executed purchase agreements.
Shenzhen [...]