Oct 28, 2016 Newsdesk Industry Talk, Latest News, Rest of Asia  
Mainland China’s total sales from official lottery products increased by 6.6 percent year-on-year in the first nine months of 2016 to approximately RMB289.74 billion (US$42.74 billion), according to official data from the country’s Ministry of Finance.
Welfare lottery sales totalled RMB151.34 billion in the January to September period, up by 1.6 percent from the prior-year period, while sports lottery sales jumped 12.6 percent year-on-year to RMB138.40 billion.
In the first nine months of 2016, sales were up in almost all of the 31 provinces and cities of mainland China authorised to sell lottery tickets. Total lottery sales soared in Tibet during the period, with an increase of 42.6 percent in year-on-year terms. Strong growth rates were also recorded in the neighbouring Qinghai province and in Hubei province, with sales up by 22.5 percent and 31.4 percent respectively in year-on-year terms.
Combined sales for the two lottery systems in September amounted to RMB32.07 billion, a year-on-year increase of 10.3 percent. Welfare lottery sales increased by 6.7 percent to reach about RMB16.54 billion, while sales of sports lottery products rose by 14.4 percent to RMB15.53 billion.
Online sales of mainland China lottery products are currently suspended, a move described by the authorities as temporary but which has hit several companies. In April last year, eight Chinese government agencies confirmed a suspension of what they described as “unauthorised online lottery sales services”.
Jun 02, 2023
May 18, 2023
Jun 02, 2023
Jun 02, 2023
Jun 02, 2023
Genting Singapore Ltd says Lam Yi Young has resigned from his role as deputy chief executive of Resorts World at Sentosa Pte Ltd. The latter firm is an indirect wholly owned subsidiary of Genting...Jun 01, 2023
Alfastreet, a manufacturer of electronic gaming machines,...Jun 01, 2023
Casino equipment maker Sega Sammy Creation Inc is tweaking...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
US$8.1 billion
Macau’s casino gross gaming revenue in the five months to May 31