× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2017 AffiliateCon
NEWS 22 November 2017
China’s lottery sales jump 11% in October
By Manuel Marti
According to data compiled by the Ministry of Finance of China, lottery sales experienced a significant year-on-year rise of 11.3% in October, reaching CNY37.65bn (US$5.68bn).

This overall jump has been prompted by an impressive monthly performance in the sports segment. Sports lottery sales in October nearly hit the CNY20bn ($3bn) mark, rising 17% in year-on-year terms; whilst welfare lottery sales increased by 5.8% to CNY18.31bn ($2.7bn).

For the first ten months of 2017, combined lottery sales raked CNY348bn ($52bn) and reported a rise of 7.7% in year-on-year terms. So far this year, sales of sports lottery products hiked by 10.7% to CNY171.51bn while welfare lottery sales posted a 4.9% increase to CNY176.92bn.

Guangdong has maintained its position as the leading lottery market in China with combined sales of welfare and sports lottery tickets up 6% from the year-prior. Moreover, monthly figures show sales increased in 29 of the 31 provinces of mainland China.

RELATED TAGS: Land-Based | Lottery | Financial
DISCUSS THIS ARTICLE
IN-DEPTH 21 May 2018
#WeAllWantToPlay: Diversity in the gaming Sector
Micky Swindale, Partner at KPMG reflects on the lack of diversity in the gaming industry and what has spurred this growing trend. Using the past as a guide, Micky considers how the industry might redress the issue
READ MORE
PREMIUM CONNECTIONS