Ladbrokes to Sign Asian Deal
By Jon Young
Reporting over the weekend in its Business section, the Sunday Times in the UK said that British bookmaker Ladbrokes has formed a joint venture with Megainfo, a Hong Kong-based technology company.

The report said that the objective was to develop products for the Chinese betting market. Ladbrokes has apparently invested about £320,000 for a 49 percent stake in the business, which is to be rebranded Asia Gaming Technologies.

The principal business activity of Taipei based Megainfo Holdings Ltd is the development and provision of digital image-processing management software, with operational centres in Macau and China.

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