MelcoLot Ltd has reached a deal to supply equipment and services to the China Welfare Lottery operation in the city of Chongqing on the Chinese mainland, reports Yogonet.
MelcoLot will provide technology made by INTRALOT, the Greece-based lottery equipment maker that is a MelcoLot shareholder. MelcoLot is itself part of the Hong Kong-listed Melco Group, the investment holding company of which Lawrence Ho is Chairman and Chief Executive. Another Melco company, Melco International Development, is a joint venture partner with Australia’s Crown Ltd, in the Macau casino market.
The Chongqing contract to provide INTRALOT’s LOTOS Horizon hardware and software, initially runs for five years with the option to renew for a further five years. LOTOS Horizon is an integrated system for the creation, delivery and management of multimedia content to lottery outlets.
INTRALOT will also provide 2,000 LOTOS Horizon Multimedia Controllers as part of the deal.
China’s Welfare Lottery was launched in 1987 to raise money for community projects.
The municipality of Chongqing has a population of 31 million and is also considered to be one of China’s upcoming industrial and technological centres.
Chris Moumouris, Managing Director of INTRALOT Asia, stated: “We are confident that Chongqing will be the first of many projects that INTRALOT will undertake in the People’s Republic of China following its partnership with MelcoLot. With our support MelcoLot will assist the China Welfare Lottery in its endeavour to increase its contribution to good causes.”
