AGTech Signs China Lottery Deal

AGTech has signed an agreement with the China Sports Lottery, under which the company will supply technology for the lottery’s online promotion activities.

AGTech Holdings announce that one of its units has been awarded a contract for a research, development and operation project for augmented reality products for the China Sports Lottery.

The technology will be used for the lottery’s “online promotion activities,” AGTech said in a filing to the Hong Kong Stock Exchange.

“The group will utilize its expertise to assist National Sports Lottery Center in promoting sports lottery products and expanding its youth customer base,” it said. “The group’s involvement in this project demonstrates its continued commitment in China’s lottery technical service and technical development market.”

The filing gave no financial details on the award.