China’s welfare lottery sales exceeded RMB201.5 billion (US$30.7 billion) in 2015, but were down 2 percent from the previous year, reported the country’s official news agency Xinhua, quoting official data.
Guangdong province reported the highest sales of welfare lottery tickets last year, with aggregate sales surpassing RMB20 billion, according to a statement released on Friday by the country’s Welfare Lottery Distribution and Management Centre.
The statement, quoted by Xinhua, additionally said that more than half of China’s provincial-level regions saw an increase in annual sales of welfare lottery tickets in 2015.
Welfare funds obtained via lottery ticket sales amounted to RMB56.4 billion last year, down from the RMB57 billion in 2014, reported the media outlet.
Data from the Ministry of Finance show that combined sales of mainland China’s two authorised lottery systems – the welfare lottery and the sports lottery – in the first 11 months of last year amounted to RMB333.8 billion, a year-on-year decrease of 3.6 percent.
Monthly sales for mainland China’s lotteries have declined for six consecutive months since June as measured in year-on-year terms.
Chinese authorities last year ordered a widespread clean-up campaign of the state-sanctioned lotteries following a report that identified “widespread misappropriation” of funds from the country’s lottery programme.
China’s National Audit Office said in a report made public on June 25 that as much as RMB16.9-billion in lottery funds – a quarter of the takings audited – were unaccounted for, out of RMB65.8 billion received from the public across 18 provinces, in periods covering 2012 to 2014.
Central government oversight of the lottery industry in mainland China has led to the temporary suspension of online sales of lottery tickets.
Jan 19, 2018Two Macau residents have been arrested by the city’s Judiciary Police (PJ) in connection with a criminal complaint that casino chips with a face value of nearly HKD47.9 million (US$6.1...
Dec 29, 2017It could be 2024 before a casino resort is opened in Japan,...
Dec 27, 2017The year 2017 could prove to have been a turning point in...
Oct 25, 2017The deployment of radio frequency identification (RFID)...
Estimated net worth of Lui Che Woo, founder and chairman of casino operator Galaxy Entertainment Group, according to Forbes’ latest ‘Hong Kong’s 50 Richest People’ list