Asia
AGTech Announces First Quarterly Results For the Three Months Ended March 31, 2020
AGTech Holdings Limited, a leading integrated lottery, games and entertainment technology company in China, announced the first quarterly results for the three months ended March 31, 2020.
According to Ministry of Finance of the PRC figures, during the Three-Month Period, lottery market recorded sales of approximately RMB37.7 billion, a decrease of approximately 64.5% compared to the corresponding period in 2019. Of this, Welfare Lottery amounted to approximately RMB18.06 billion, representing a decrease of approximately 63.2% compared to the corresponding period in 2019. The Sports Lottery achieved sales of approximately RMB19.65 billion, representing a decrease of approximately 65.7% compared to the corresponding period in 2019. Other than the closure of national lottery market during Chinese Lunar New Year, the drop in sales was mainly due to the impact of the COVID-19 outbreak while the business hours of lottery sales outlets were significantly reduced. The Group is closely monitoring the latest development and impact of the COVID-19.
AGTech will continue to leverage on and explore opportunities for collaboration with Alibaba Group’s retail ecosystem to enhance on lottery distribution models where appropriate. The Group also anticipates a gradual rollout of our SaaS (Software-as-a-Service) platform aiming to serve and benefit users from all sectors within the lottery supply chain. Our platform is expected to be well equipped for applications within the Alibaba digital ecosystem, in addition to any potential change in distribution channels other than the current retail model.
AGTech’s Hardware division primarily supplies the Sports Lottery and the Welfare Lottery and has hardware deployed in multiple provinces, cities, municipalities and autonomous regions across China. The Group will continue to pursue tenders to supply to the lottery and other hardware market and bid for new contracts after resumption of tenders post COVID-19 delays.
Paytm First Games, a joint venture of the Group with One97 Communications Limited continued to develop its mobile games and entertainment platform in India, offers players a unique online experience with popular games content such as social games, card games and fantasy sports games. The Group is hopeful that Paytm First Games will continue to grow its user base, paving the way to monetize this unique platform, thus capitalizing on the significant potential of the fast growing mobile games and entertainment market in India.
Financial Highlights
Revenue of the Group for the Three-Month Period amounted to approximately HK$13.7 million, representing a decrease of approximately 32.2% over the corresponding period in 2019. Revenue contributions were mainly derived from lottery hardware, lottery games and systems, provision of lottery distribution and ancillary services, games and entertainment business in the PRC.
The decrease in revenue for the Three-Month Period was primarily caused by the decrease in sales of lottery hardware of approximately HK$3.4 million, decrease of approximately HK$1.5 million in revenue from the provision of lottery distribution and ancillary services, and decrease of approximately HK$1.2 million from the lottery games and systems.
Such decrease in revenue was mainly due to the prolonged closure of domestic lottery market which lasted nearly 40 days and delay in lottery hardware tender and delivery as a result of the COVID-19 pandemic. Under the market closure arrangements for Chinese Lunar New Year, the PRC’s lottery market was closed from 22 to 31 January 2020 and was originally scheduled to resume sales on 1 February, 2020. Amidst prevention and control of the pandemic, reopening of the PRC’s lottery market was postponed to 11 March 2020, since then sales of welfare lottery and sports lottery have begun to gradually resume subject to different arrangements in different regions.
The loss for the Three-Month Period was approximately HK$64.6 million, representing a decrease of approximately 9.0% over the corresponding period in 2019.
About AGTech Holdings Limited:
AGTech was incorporated in Bermuda and its shares are listed on the GEM (Stock Code: 08279). AGTech is an integrated technology and services company engaged in the lottery and mobile games and entertainment market with a focus on China and selected international markets. A member of the Alibaba Group with around 360 employees, AGTech is the exclusive lottery platform of Alibaba Group and Ant Financial Group.
AGTech’s businesses are broadly divided into two categories:
Lottery (including hardware, games and systems, provision of distribution and ancillary services); and Games and Entertainment.
AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), and an official partner of the International Mind Sports Association (IMSA).
Source: AGTech Holdings Limited
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Amusnet
Amusnet Strengthens Asian Expansion Strategy with Strong Presence at SiGMA Asia Manila 2026
Amusnet is going to participate in SiGMA Asia Manila 2026. This year’s participation marks a special milestone as Amusnet celebrates its 10th anniversary.
Against the vibrant backdrop of Manila, one of Asia’s fastest-growing gaming hubs, Amusnet will present a portfolio designed to reflect both its international expertise and its strong commitment to localised player experiences. The company’s presence at SiGMA Asia is about unveiling games and products for online casino, live casino and land-based, while building long-term partnerships and deepening its strategic footprint across the Philippines and the wider Asian market.
“SiGMA Asia represents an important strategic opportunity for Amusnet as we continue to strengthen our footprint across the Philippines and the wider Asian region. The market demonstrates exceptional growth potential, and our focus remains on delivering localised gaming experiences, building strong partnerships, and expanding sustainably in one of the industry’s most dynamic regions. Celebrating our 10th anniversary makes this year’s participation even more special for us,” said Desieriel Agdeppa, Director Philippines at Amusnet.
At the heart of the showcase will be Golden Tiger 1000, one of the standout titles leading Amusnet’s Online Casino presentation. Inspired by themes and mechanics that resonate strongly with Asian audiences, the game embodies the company’s ongoing focus on combining engaging storytelling, dynamic gameplay, and entertainment-driven features. Set against a vibrant Asian-inspired backdrop, every spin is a joyful chase for rewards. Stacked symbols, cheerful Wild Tigers and the Respin Feature keep the reels full of surprises, while multipliers can boost wins up to 25,000x the bet.
Alongside it, visitors will discover a diverse lineup that includes Coin Gobbler, 20 Golden Coins: Reel Fishing, Wenshi Lion, Hot Deco Super Pot, Roman Coins, Asian Palace, 40 Extra Crown Triple Boost Golden Coins Link, Crazy Red, Clover Super Pot and Gorgon’s Luck.
The experience extends beyond individual titles. Amusnet will also demonstrate how its broader engagement ecosystem supports operators through tools such as Golden Coins Link, Tournaments and the Bonus Platform, solutions created to enhance retention, increase engagement and deliver more personalised player journeys.
The company’s Live Casino offer will bring another layer of excitement to the exhibition floor. Designed to blend immersive entertainment with high-energy gameplay, the showcase will unveil new products like Golden Goal Roulette, Eye of Ra Roulette 2000x, Candy Wheel and Vegas Gobbler LIVE, highlighting the company’s ambition to continuously evolve the live gaming experience for players and operators alike. The portfolio will also feature existing titles such as Virtual Monaco 72x, Space 120x, Vegas Roulette 500x, Showtime Roulette 500x, Football Thrill, Dynamic Roulette 120x, Live European Roulette and Speed Baccarat.
Amusnet will also highlight selected solutions from its Land-based portfolio, further demonstrating the company’s comprehensive multi-channel strategy. Among the products on display will be the Type S 55J cabinet with a striking 55-inch J-curved monitor and Jackpot Signage, designed to deliver enhanced visual impact and elevated player engagement on the casino floor.
Type S55J slot cabinets will be powered by the Amusebox 3.0.0 software. The showcase will highlight the Golden Coins Link jackpot and the renowned Jackpot Cards Plus systems. One of Amusebox’s 3.0.0 key advantages is its ability to run Jackpot Cards Plus and Golden Coins Link simultaneously on a single machine, providing operators with greater flexibility and players with enhanced jackpot opportunities.
The presentation will also include specially developed Golden Coins Link titles and popular Triple Boost games, such as 40 Power Hot Triple Boost, 40 Vampire Beast Triple Boost, 40 Extra Crown Triple Boost and Trophy Rush Triple Boost Golden Coins Link, all designed to deliver engaging bonus features and dynamic gameplay.
Completing the land-based showcase, Amusnet will present an advanced roulette centre with four terminals, combining modern design, seamless functionality and interactive multiplayer gameplay, further reinforcing the company’s commitment to innovative casino entertainment solutions.
For Amusnet, SiGMA Asia Manila 2026 comes at a particularly important moment in the company’s regional journey. Asia continues to emerge as one of the most dynamic and strategically important markets in the gaming industry, offering significant opportunities for innovation, expansion and long-term collaboration.
As the company celebrates ten years in the industry, its presence in Manila reflects not only how far Amusnet has come, but also where it is heading next. With a strategy centered on localised content, scalable gaming solutions and strong regional partnerships, Amusnet continues to position itself as a trusted and forward-looking provider for the evolving Asian gaming landscape.
The post Amusnet Strengthens Asian Expansion Strategy with Strong Presence at SiGMA Asia Manila 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Asia
Playson Secures Approval from PAGCOR for Game Distribution in Philippines
Playson, the accomplished digital entertainment supplier, has secured approval from the Philippine Amusement and Gaming Corporation (PAGCOR) for the distribution of its games in the regulated Philippine market.
The approval was achieved through close cooperation between Playson and its aggregation partner, Light & Wonder, enabling Playson’s portfolio to be made available to licensed operators in the Philippines.
The project was delivered in a matter of days through a coordinated effort across Playson’s and Light & Wonder sales, integration, architecture and compliance teams. From a technical perspective, the process was completed with no major market-entry or infrastructure changes needed, as Playson’s platform was already prepared to meet the relevant specifications.
The milestone marks a new regulated market entry for Playson, which already operates in 27 regulated markets worldwide. PAGCOR approval further reinforces the company’s position as a recognised entertainment supplier with a strong and expanding compliant markets’ presence, and for delivering high-quality gaming content to operators and players around the world.
Ben Wood, Chief Commercial Officer at Playson, said: “Securing PAGCOR approval is an important step in Playson’s continued regulated-market growth. The Philippines represents an exciting opportunity for the business, and we are delighted to have achieved this milestone in cooperation with our valued aggregation partner, Light & Wonder.
“This approval reflects the strength of our platform, the readiness of our technology and the expertise of the teams involved. We are proud to bring Playson’s product suite to a new audience and to further strengthen our international presence.”
The post Playson Secures Approval from PAGCOR for Game Distribution in Philippines appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Asia
S8UL streamer Payal Dhare and OWND! launch gamer-curated fashion capsule
S8UL gaming creator and streamer Payal Dhare has partnered with OWND!, the Gen Z-focused fashion brand from Aditya Birla Fashion and Retail Limited, to launch a gaming-inspired fashion capsule called ‘Gamer Drop’. The companies describe it as India’s first female gamer-curated capsule. The collection will be available on OWND!’s website and in the brand’s stores across India.
According to the press release, ‘Gamer Drop’ includes menswear and womenswear pieces built around gaming culture and streetwear, positioned as a creator-led collection rather than conventional creator merchandise. The campaign leans on the growing overlap between gaming culture, creator communities, and youth fashion.
Marco Agnolin, Chief Executive Officer, OWND!. said, “We see gaming today as a powerful cultural force that is shaping how young consumers express themselves, communicate, and engage with fashion. As one of India’s biggest gamers, Payal Dhare represents this new generation perfectly through her authenticity, confidence, and deep connection with the gaming community. Her influence extends far beyond gaming content, making her an ideal face for our gaming collection. Through this collaboration, we aim to celebrate individuality and connect with India’s digitally native youth in a way that feels relevant, inclusive, and culture-driven.”
Payal Dhare aka Payal Gaming said, “Gaming today has become a culture and a form of self-expression for millions of young people across the country. That’s what makes this collaboration with OWND! so exciting for me. With this curation, I wanted to create something that genuinely reflects my vibe and the energy of my community. It’s stylish, comfortable, expressive – and made for people who want to own who they are.”
The release also points to India’s expanding creator economy. Citing a Boston Consulting Group report, it says India has nearly 2 to 2.5 million creators, with more than 60% of consumers exposed to creator-led content and over 30% of shoppers influenced by creators in purchase decisions.
The post S8UL streamer Payal Dhare and OWND! launch gamer-curated fashion capsule appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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