Posts From: May 2019

500.com widens net loss as Q1 revenue declines

China’s lottery operator, 500.com reported revenue of $2.1 million for the first quarter, down 63 percent year-over-year. Despite the drop, shares in the company jumped 2 percent, to $11.32 apiece,...

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ZEAL Network completes acquisition of Lotto24

ZEAL has successfully completed the acquisition of Lotto24 AG Germany’s leading online provider of state-run lotteries, by way of an all-share public takeover. The transaction was supported from the outset...

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Lotto24 continues to grow despite weak jackpot development in the first quarter of 2019

Lotto24 Germany’s leading provider of state lotteries online continued to grow in the first quarter of 2019 after an eventful year in 2018 with extraordinarily strong jackpots despite the relatively...

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Irish National Lottery appoints ex-Paddy Power executive Andrew Algeo

The Irish National Lottery has appointed a former Paddy Power Betfair executive as its new chief executive. Andrew Algeo will take over from longstanding lottery boss Dermot Griffin, who announced...

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AGTech Wins Bid for China Welfare Lottery’s Blockchain Draw

AGTech has announced that one of its wholly-owned subsidiaries has successfully won the procurement tender for a research on and application of notarizable electronic lottery draw technology based on blockchain...

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Virgina Lottery launches MobilePlay e-games

The Virginia Lottery has launched a new gaming experience – MobilePlay. MobilePlay offers players the opportunity to purchase all existing draw games and new “e-games” via the Virginia Lottery mobile...

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Zeal Network shows strong Performance

ZEAL Network has announced a solid underlying performance in the first quarter of 2019. The first quarter of 2019 was the first reporting period following the closure of Lotto Network...

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Camelot appoints Chief Marketing Officer

Camelot operator of the UK National Lottery, today named Keith Moor as its Chief Marketing Officer. Starting in September 2019, Keith will report directly into Camelot’s CEO, Nigel Railton, and...

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BCLC Announces Resignation of CFO

BCLC has announced that Chief Financial Officer Amanda Hobson will be resigning to join Finning International as Senior Vice President, Investor Relations and Treasury. BCLC will commence recruitment shortly for...

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AGTech signs new Sports Lottery deal

AGTech has announce that its wholly-owned subsidiary, Beijing AGTech GOT Technology has won the lottery terminals procurement tender to supply lottery terminals to the Sports Lottery Administration Center in Guangxi...

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