Hong Kong-listed AGTech, a prominent China-based company, has secured a significant contract to supply advanced sports lottery terminals across China. This milestone win marks a significant achievement for AGTech as it solidifies its position as a key player in the burgeoning lottery market.
A strategic win for AGTech amidst competitive bidding
AGTech emerged victorious in a highly competitive bidding process, underscoring the company’s robust capabilities and innovative solutions in the lottery sector. This contract not only emphasizes AGTech’s technological prowess but also highlights its commitment to supporting China’s booming sports lottery industry.
Enhancing the lottery experience with cutting-edge technology
The newly secured contract will see AGTech supplying state-of-the-art sports lottery terminals designed to enhance the user experience and streamline operations. These terminals are expected to revolutionize the way lottery tickets are purchased and processed, offering greater efficiency and security.
Strengthening market position and future prospects
Winning this contract is a strategic move for AGTech, enhancing its market position and opening avenues for future growth. The company plans to leverage this success to explore further opportunities in the lottery sector and expand its footprint both in China and globally.
Commitment to excellence and innovation
AGTech’s commitment to excellence and continuous innovation has been a driving force behind its success. By consistently delivering high-quality products and services, the company has earned a reputation for reliability and performance in the lottery industry.
With this new contract, AGTech is poised to make significant contributions to the technological advancement of China’s sports lottery system, promising a future of enhanced lottery experiences for users across the country.
AGTech’s subsidiary triumphs in lottery terminal procurement tenders across China
AGTech, a leading company in the lottery and gaming industry, has announced that its subsidiary has successfully secured multiple lottery terminal procurement tenders in several Chinese provinces. The recent wins span Shaanxi, Zhejiang, and Jiangsu provinces, further solidifying AGTech’s presence and influence in the region.
These new wins are in addition to AGTech’s impressive track record of securing similar tenders. In 2018, the company also won significant bids in Guizhou, Shanghai, and Hebei provinces. This consistent success underscores AGTech’s strong reputation and expertise in delivering high-quality lottery terminals and services.
The procurement of these lottery terminals is a crucial component of the government’s strategy to modernize and expand the lottery infrastructure across China. AGTech’s state-of-the-art lottery terminals are designed to provide a seamless and efficient experience for both operators and participants, thereby enhancing the overall functionality of the lottery system.
AGTech’s CEO expressed enthusiasm about these achievements, emphasizing that the company remains committed to leveraging its technological capabilities and industry knowledge to support the growth of the lottery sector in China. The CEO highlighted that these tender wins are a testament to AGTech’s unwavering dedication to excellence and innovation.
As AGTech continues to secure prominent contracts and expand its footprint, it positions itself as a pivotal player in the Chinese lottery market. The company’s ongoing efforts to enhance its product offerings and service quality ensure that it remains at the forefront of industry advancements.
AGTech and SF Holdings unveil exciting instant win lottery games in major Chinese cities
AGTech, a leading player in the lottery industry, has partnered with SF Holdings to introduce a range of innovative instant win games. These new offerings are now available in Shenzen, Nanchang, Changsha, and Nanjing, providing lottery enthusiasts with thrilling opportunities to win big.
Revolutionizing the lottery experience
The collaboration between AGTech and SF Holdings aims to revolutionize the lottery experience by offering quick and engaging games that yield immediate results. This partnership blends AGTech’s expertise in gaming technologies with SF Holdings’ extensive network, ensuring widespread availability and accessibility of these new instant win games.
Game availability in key cities
- Shenzen: A bustling metropolis known for its tech innovations;
- Nanchang: The capital of Jiangxi Province, rich in culture and history;
- Changsha: A major city in Hunan Province, known for its vibrant economy;
- Nanjing: One of China’s oldest cities with a deep historical significance;
Exciting features and benefits
Players in these cities can now enjoy a variety of instant win games, such as scratch cards and digital lotteries, that offer instant gratification and numerous chances to win:
| City | Top Prize | Game Type |
|---|---|---|
| Shenzen | ¥100,000 | Scratch Cards |
| Nanchang | ¥50,000 | Digital Lottery |
| Changsha | ¥75,000 | Scratch Cards |
| Nanjing | ¥120,000 | Digital Lottery |
These instant win games are designed to be user-friendly, allowing participants to engage effortlessly. The immediate results mechanism ensures a seamless and exciting gaming experience, driving up the thrill factor for players.
As the lottery landscape continues to evolve, AGTech and SF Holdings are at the forefront, ensuring players have access to the most engaging and rewarding gaming options available. Stay tuned for more updates and new game releases from this dynamic partnership.
AGTech reports soaring revenue in q1 2024 with a 118.1% increase
AGTech has announced its financial results for the first quarter of 2024, revealing a substantial 118.1% increase in revenue. The company’s total revenue for this period reached an impressive HK$766.6 million, highlighting its significant growth and robust business operations.
Lottery and related business
The lottery segment of AGTech played a crucial role in this revenue surge. The lottery and related business contributed a noteworthy HK$311 million to the company’s overall earnings. This segment’s performance underscores the growing market demand and AGTech’s strong presence in the lottery industry.
Electronic payment and related businesses in Macau
Contributing even more significantly to the company’s financial success were its electronic payment and related businesses in Macau. This sector alone brought in HK$455.6 million, showcasing AGTech’s ability to capitalize on digital payment trends and the expanding digital economy in the region.
Future outlook
AGTech’s impressive Q1 2024 performance sets a positive tone for the rest of the year. The company’s diversified business model, encompassing both the lottery and electronic payment sectors, has proven to be a solid foundation for continued growth. Investors and stakeholders will be keenly watching AGTech’s next moves as it strives to build on this momentum.
With strategic initiatives and an eye on market trends, AGTech is well-positioned to maintain its upward trajectory, delivering value to its shareholders and continuing to innovate within the lottery and electronic payment industries.
