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Hong Kong Company Wins Chins's First Internet Lottery Contract
May 4, 2007, 3:28 pm (4 years ago)The Hong Kong listed as well as Beijing backed internet video venture known as VODOne has won the appointment of being the first online agent for China’s popular welfare lottery; this is the announcement that was given this week from the company chairman known as Zhang Lijun.
The company VODOne Telemedia has been appointed the spot of official agent and is now a locally as well as registered company that is known to be majority state owned, based on the fact that the China Association of the Social Workers actually is known to hold forty seven percent in the stake. VODOne actually says that it has a fifty year exclusive contract with the company in which Mr. Zhang is known to also hold a major stake.
The China Association of Social Workers is known to oversee the lottery and gave its approval to VODOne in a recent decision which deputy head Zhang is known to promise tougher action when it comes to unauthorized sales over the internet.
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