China LotSynergy wins another sports lottery supply deal in China3rd January 2014 8:22 am GMT
China LotSynergy Holdings has secured another agreement to provide its sports lottery terminals in China following a deal with the Anhui Provincial Sports Lottery Administration Centre.
The company won the bid for the procurement of lottery terminals through its subsidiary, Guangzhou Lottnal Terminal Company Limited.
It marks China LotSynergy’s latest deal with a Chinese province after the company was successfully included in the list of approved providers of lottery terminals for China National Sports Lottery Administration Centre in March earlier this year.
Since then, the company has won bids for the procurement of lottery terminals for sports authorities in Guizhou, Gansu, Zhejiang and now Anhui.
According to China LotSynergy, the province of Anhui has achieved “considerable progress” in economic development in recent years, relying on its prime location within the Yangtze River Delta economic circle and preferential government policies.
Sales of sports lottery in the province have grown significantly in the last two years as a result of the development of new distribution channels by the Anhui Sports lottery authority.
Total sales of sports lottery products in the province in the first eleven months of 2013 amounted to RMB3.3bn, representing growth of 65 per cent year-on-year - among the top five in all provinces and significantly outpacing the 22 per cent average nationwide growth rate.