Fifa World Cup leads to surge in sports lottery bets in Taiwan

The 2018 Fifa World Cup led to a spike in sales for Taiwan’s sports lottery in June.

Fifa World Cup leads to surge in sports lottery bets in Taiwan

The month’s figures showed total revenue of NT$5.06bn ($170m), up 73%.

Looking at the bigger picture, sports lottery sales for H1 saw an 11% year-on-year increase, with a total of NT$20.41bn.

Figures from the Directorate General of Budget, Accounting and Statistics (DGBAS) show sports lottery sales have been on the rise consistently every year since 2013.

The sales from H1 already amount to over 60% of 2017s total sales of NT$33.1bln.

Last year, 81% of sports lottery sales were generated by physical betting stores, while only 1% of bets came from online betting.

The DGBAS also said all proceeds from sports lottery sales last year were allocated to sports development.

 

 

 

 

 

Topics
Financial
Stay updated with GI
Follow Gambling Insider for independent news, analysis and industry expertise.
Jake Patel
Gambling Writer

Jake Patel is a journalist and content writer who began his media career as an Editorial Intern at Gambling Insider from June to September 2018. During his internship, he pitched, researched and wrote news stories for the publication’s website, contributing daily coverage on industry developments across the global gambling and iGaming sector.

Jake also produced editorial content for several of the brand’s print titles — including Gambling Insider, Tribal Focus Magazine, Trafficology and US Gaming Focus. His work involved conducting interviews with industry professionals, supporting feature creation, and assisting with editorial content commissioned for advertising partners.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.

More News