Pacific Net's China Online Lottery Launched
Published: Wednesday, December 12, 2007 Online-Casinos.com
PACIFIC NET'S CHINA ONLINE LOTTERY LAUNCHED
Website will promote and sell welfare lottery products
Pacific Net subsidiary Guangdong Poly (see previous Online-Casinos.com/InfoPowa reports) was launched this week, delivering a website branded Lot888.com that will promote and sell legal welfare lottery products to the massive Chinese gambling public.
Sales are facilitated by an integrated payment gateway linked to China UnionPay, China's only countrywide payment solution which has 1.3 billion cards in circulation, primarily in mainland China.
Commission of around 7 percent on the sale of the online lottery products will be collected by Guandong Poly.
Pacific Net CEO Tony Tong commented: "The launch of this website is a step forward in PacificNet's plan to participate in China's rapidly growing state-sponsored legalised gaming and electronic lottery operations."
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