25th of September 2018 Author: Andrej Vidovic
China, as a very centralized country with the government's say in all matters being final, still has a very organized and thriving state lottery.
During this summer's FIFA World Cup, which took place in Russia between June 14th and July 15th, sports lottery sales in China grew exponentially by as much as 117.5%, year-on-year (to 35.53 billion CNY). As a by-product of this, official lottery products also soared - by 61.9% in July.
Games' of Chances New Boom:
The report, issued by China's Ministry of Finance, says that July's total lottery income was 54.64 billion CNY, which is approximately $7.99 billion...
...Also, welfare lottery tickets were sold at a higher rate than last year - 9.7%.
In total, lottery ticket sales during the first seven months of the year contributed to almost 300 billion CNY, which is a massive rise on an annual level - 25.6%. Welfare lottery tickets sale increased by 5%.
Still, the absolute winner in the sales rise category are sports lottery tickets which made a staggering leap of 47.6%, year-on-year!
Province by Province:
All 31 provinces in China sold more lottery tickets than last year, according to the authorities...
...With Guangdong still being the leader in this segment - this region contributed with 27.71 billion CNY to a total sales revenue.
Next is Jiangsu, with 26.09 billion, with Shangdong following closely in third place, with 22.81 billion in first seven months.
Source: "Mainland China lottery sales jump 62pct in July". GGRAsia. September 21, 2018.
Lottery & Scratchcards
20th of November 2018
15th of October 2018
Whenever China makes a certain progress in something, their numbers are always ridiculous. That's what the market size means.
18th of April 2019
16th of February 2019
2nd of March 2019
14th of February 2019
19th of February 2019
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 © 2006-2019
Enter your email adress:
T&C's Apply. 18+
Do not show this again
You have been successfully subscribed to receive LBB newsletter!