There only one listed company that could get the windfall.I...

There only one listed company that could get the windfall.

I noticed that Sports Lottery Administration Centre
regarding the launch of single match soccer betting in Heilongjiang Province. They call it "競彩" and is operated by a new section of the Centre. Some more pictures from Heilongjiang SLAC: Shanghai will follow the Heilongjiang Province system.

The listed company is SSI......almost gone unoticed....is in the throws of being listed in HK.....also Teddy Cheng the man behind the move (related to the finance minister in China ...the one who is behind the push by China into gold)

The link below shows that betting has started and its expected that SSI will get over 33% of all licences to be issued starting in Shanghai.

Soccer betting, the mainstay of sports betting is the only legal form outside of Macau....but SSI through CY Foundation has access to Paradise Entertainment a holder of a Packer type licence in MACAU.

Cheng is committed to take SSI to HK where values are many more multiples that here in OZ.

At 47c I called SSI as 10 Bagger as Sports betting in China mainland is a multi multi billion dollar business.

The start gun for the next leg will be only a few days away for SSI to have its first approved outlet (allready announced) up and running.


The link below (you may need google translator)

http://www.hljtcp.com/html_new/content/2009/0624/658934.shtml