PETALING JAYA: Berjaya Corp Bhd (BCorp) will collaborate with China Sports Lottery HKJC Infotech (Beijing) Co Ltd (CSLJC) for lottery operations.
BCorp said in a statement yesterday it had signed a cooperation framework agreement with CSLJC to cooperate on lottery management, business development and technical and market solutions to further expand the areas of cooperation and explore opportunities to jointly develop the third-party lottery market under a responsible gaming framework.
The framework agreement would be for an initial five-year term commencing from Aug 26,2020, subject to renewal, it said.
BCorp executive chairman Tan Sri Vincent Tan said the framework agreement was the result of constructive engagement and negotiations between the company and CSLJC following their successful experience-sharing and training in 2018 and 2019 on mobile phone and Internet lottery distribution channels and lottery development as encouraged by the Belt & Road Initiative in China and Hong Kong.
“Through this collaboration with CSLJC, the BCorp Group will be able to leverage on the expertise and experience from CSLJC to further enhance our existing lottery business as well as explore fresh opportunities in the lottery and gaming industry in new regions, ” Tan said.
CSLJC is a Sino-foreign cooperative joint venture established by China Sports Lottery Technology Development Co Ltd and HKJC Business Ventures (China) Ltd, a business unit of the Hong Kong Jockey Club.
As the core technical service provider of sports lottery in China, CSLJC provides customers with technical services on various types of lottery product design and development, operation and promotion, technical architecture design, core trading system research and development, testing and operation services and lottery omni-channel construction.
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