4th of May 2010 Author: Ava Jackuard
Revenues up 24.5 percent between January and March 2010
The Chinese news agency Xinghua illustrated the power of China's gambling market this week by reporting on the first quarter revenues for lotteries, which soared 24.5 percent between January and March 2010.
Releasing the numbers, the Chinese Ministry of Finance revealed that the lotteries earned 34.62 billion yuan (US$ 5.07 billion).
Sales of the Welfare Lottery in the first quarter totaled 20.2 billion yuan (US$ 2.96 billion) while Sports Lottery sales amounted to 14.42 billion yuan (US$ 2.11 billion), both representing an increase of 24.5 percent, according to ministry statistics.
In March alone, lottery sales across the country rose 15.7 percent year on year to 13.25 billion yuan (US$ 1.94 billion).
General Gambling News Bingo Society News
15th of May 2010
26th of January 2010
14th of November 2018
13th of November 2018
12th of November 2018
16th of September 2018
17th of September 2018
25th of October 2018
21st of September 2018
18th of October 2018
25th of September 2018
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help About Us Site Map Trusted Portals
LatestBingoBonuses.com © 2006-2018
Enter your email adress:
T&C's Apply. 18+
Do not show this again
You have been successfully subscribed to receive LBB newsletter!