Plenty of the 'old' tech lottery biz's going out of lottery Biz ... (Lucky SMA isn't one???)
Success Universe cited the uncertainty brought by the continued suspension of online lottery sales agency services as one of the primary reasons why it had decided to cut its exposure to Honour Rich.
It’s been more than two years since Beijing ordered a temporary suspension of online lottery sales after uncovering widespread fraud at provincial lottery administration centers. Beijing has yet to indicate when the suspension might be lifted.
Honour Rich chalked net losses of HKD19.1 million and HKD20.8 million respectively in the financial years 2015 and 2016, with net liabilities reaching HKD92.8 million as of year ended December 31, 2016.
https://calvinayre.com/2017/09/11/casino/success-universe-disposes-stake-china-lottery-business/
TOO much regulatory control/scrutiny over online gambling WORLDWIDE atm. Don't think China ONLINE is ready yet ... still finding Offical Fraud/fraudsters in efforts to completly sanitize this sector.
Cheers
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