In addition to the People’s Republic of China, AGTech GOT will supply terminals in other parts of the country as well.
AGTech GOT has a wide range of similar deals in the Chinese sports lottery terminal market with the latest tender wins.
In January of this year, these agreements were signed to supply technology and services in several provinces.
AGTech said that the hardware division has won many tenders in various provinces, municipalities and autonomous regions across China, which demonstrates the continued effort and competitiveness of AGTech’s lottery terminals.
AGTech posted HK$35.3m in revenue for the first quarter of 2022, an increase of 70.2% compared to the first quarter of the previous year. The increase in lottery hardware sales, lottery distribution and ancillary services, and the provision of electronic payment services in Macau were attributed by AGTech.
In the first three months of this year, total lottery sales in China increased by 2% from the same period in the previous year.
The sales of lottery hardware and lottery distribution and ancillary services increased.
In addition to the People’s Republic of China, AGTech GOT has also won tender to supply sports lottery terminals in other parts of the country. AGTech GOT has won a lot of tenders in China.