Wing Hing’s lottery contract extended

The government is to extend the licence contract with Chinese lottery company Sociedade de Lotarias Wing Hing Limitada to December 31, 2015, the Official Gazette announced yesterday. According to the announcement, Secretary for Economy and Finance Lionel Leong Vai Tac will oversee the amendment of the contract. The company had previously renewed the contract with the government in February 2014 for MOP500,000 (US$62,500). In 2014, gross gaming revenue from the Chinese lottery stood at MOP6 million, up MOP1 million from 2013.