Macau casino junket investor Iao Kun Group Holding Company (IKGH) is set to test the technology sector with its major acquisition of a Chinese-tech firm.

The move comes as IKGH answer to stanch the financial bleeding as a result of bad VIP debts. Shifting its strategy from the junket to technological industry may provide additional support to the company that has been crippled by financial tailspin.

In a press release, IKGH announced it is acquiring 51 percent of software technology development company Jia-Heng Industrial Ltd, the holding company of Guangzhou LiNiu Network Technology Co Ltd..

IKGH said that LiNiu Network is currently internally testing its new electronic trading platform, which is scheduled to launch before the end of the first half 2017.