Lottery sales in China go up

Lottery sales bounce back in ChinaReading Time: 1 minute

China’s lottery sales rose 9.4 percent year-on-year to 104.18 billion yuan ($16.5 billion) in the first quarter of this year, official data showed.

Celebrations of the Chinese New Year, induced lottery sales across the country to drop almost 10% more exactly 9.4%, said the Ministry of Finance. Last mont in March sales rose nationwide to €5.1 billion, this is 5.9% bigger year-on-year, boosting a 9.4 per cent quarterly increase in comparison to 2017.

The biggest growth was observed in welfare lottery sales, as well as sports lottery’s said the Ministry, al these sum up at a 18.3% growth. The most profitable province is in the central of China, mainly Hunan. The province of Hunan saw a €184 million growth year-on-year during the first quarter of 2017.

February total sales from official products fell down 8.9% to €3.3 billion, but quarterly figures released in March showed an increase year-on-year.

 

Source: FocusGN


Source: European Gaming Industry News

Zoltan Tundik

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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