Sep 22, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  
August sales of tickets for China’s official lottery system – the welfare lottery and the sports lottery – rose 13.1 percent, the country’s Ministry of Finance said on Friday.
Aggregate sales amounted to CNY35.07 billion (US$5.32 billion). Welfare lottery sales in August increased by 10 percent year-on-year to CNY17.47 billion, while sports lottery sales went up 16.4 percent to CNY17.59 billion, the ministry said.
During August, 26 provinces and regions saw growth in lottery sales, driven by demand in Hunan, Fujian, Guangdong, Henan and Zhejiang, according to the ministry.
In the first eight months of the year, aggregate lottery sales went up 6.3 percent year-on-year to CNY273.85 billion, with sales of welfare lottery tickets and sports lottery tickets increasing by 4.6 percent and 8.1 percent, respectively.
Under lottery management rules, money from lottery ticket sales must cover administrative fees, public welfare projects and prize money.
Sep 09, 2020
Jan 06, 2020
Apr 19, 2024
Apr 19, 2024
Apr 19, 2024
The deployment of a “smart table” product – combining the use of radio frequency identification (RFID) technology and cameras gathering data for analysis via artificial intelligence (AI) –...(Click here for more)
”Once Solaire North is fully ramped up, and both properties are generating a certain expectation that we have on cash flow… then we will probably launch the Paniman [casino] project”
Enrique Razon
Chairman and chief executive of Bloomberry Resorts