China’s lottery sales soar 10% in April

Acco

China
rding to data posted by the Ministry of Finance of China, lottery sales experienced a significant year-on-year increase of 9.6%, reaching a total of $5.5bn.

For the first four months of 2017, sports lottery sales reported a rise of 15.2% to $2.8bn, whilst welfare lottery tickets experienced a 4.3% increase to $2.7bn.

The provinces of Guangdong, Hubei, Hunan, Henan and Yunnan each saw their lottery sales value rise by more than $292m.

Guangdong has maintained its position as the leading lottery market in mainland China with a combined sales of welfare and sports lottery tickets up 2.7% from the year-prior.

China ordered a “temporary suspension” of all online lottery sales over two years ago after uncovering widespread fraud at provincial lottery administration centres. However, there is yet to be any progress in lifting the ban since the implementation, much to the frustration of companies such as 500.com.

Last week, it was reported that China was looking to develop a domestic football lottery, with analysts saying there is a high possibility of this coming to fruition.
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...