AGTech wins lottery software contract in major Chinese province
Lottery software and systems developer AGTech has been awarded a contract to provide lottery hardware support for sports lottery in China’s Jiangsu Province, home to more than 80 million people.
The subsidiary of the technology company, Beijing AGTech GOT Technology (GOT), won the tender, with the tender being handled by the Jiangsu Provincial Sports Lottery Administration Center.
Inquiries to AGTech to clarify the duration of the agreement were not immediately returned.
The deal will build on recent contracts won by AGTech in a number of other provinces, including Guangxi, Guizhou, Hebei, Henan, Hunan, Jilin and Shanghai. Jiangsu includes important cities such as Nanjing.
“In the first half of 2018, GOT has already won tenders in various provinces, municipalities and autonomous regions of China, thus reaffirming the continued commitment of our hardware division and its leading position in the lottery industry in China” , said John Sun, president and CEO of AGTech.
“AGTech has and will continue to improve product innovation, safety and research and development compliance to contribute to the healthy and comprehensive development of the Chinese lottery market.
Expanding AGTech’s hardware and distribution services across China has been a key focus for the company since it was acquired by e-commerce giant Alibaba two years ago.
Earlier this week, iGamingBusiness.com reported that Chinese bets on the FIFA World Cup via the country’s sports lottery could be worth $ 7.5 billion (€ 6.5 billion).