Mainland China lottery sales down nearly 19pct in August
Official figures indicate that the value of lottery sales in mainland China fell 18.5 percent year-on-year in August to CNY34.08 billion (US$4.77 billion). The result represented the seventh consecutive month of decline in such sales, according to official data from the country’s Ministry of Finance.
The official figures indicated that sports lottery sales fell to nearly CNY19.48 billion in August, a 19.0-percent decline compared to a year earlier. August sales of welfare lottery tickets fell by 17.9 percent to nearly CNY14.61 billion, the figures indicate.
In the first eight months of 2019, lottery sales of all types in mainland China amounted to CNY279.41 billion, 18.2 percent down compared to the same period in 2018, said the finance ministry. Welfare lottery sales decreased by 13.6 percent year-on-year to approximately CNY127.41 billion, while sports lottery sales recorded a decline of 21.7 percent to nearly CNY152.0 billion.
Sichuan in China’s southwest was the only province where total sales of lottery products grew in the first eight months of this year. According to the ministry’s data, Sichuan’s lottery sales totalled CNY12.54 billion for the January to August period, up by nearly 10.8 percent.
Related articles
Latest News
G2E Asia 2023: Singapore
-
Alfastreet’s new Verso cabinet heading to Asian markets Alfastreet, a manufacturer of electronic gaming machines,... -
Sega Sammy Creation growing land-based, eyes online Casino equipment maker Sega Sammy Creation Inc is tweaking... -
iGaming growing in Asia, ops tackling challenges: Uplatform The iGaming segment in Asia “has grown rapidly” since... -
‘See before you play’ slot marketing tool, say tech... Showing slot machine players – via animations on the... -
Macau stocks tied to China outlook: Bloomberg analyst Macau stocks in likelihood “have been punished too much... -
Investors still eye possible fresh IR locations in Japan:... There are foreign companies still interested in investing... -
Thai casino law possible in 2024, IR in 2030: govt adviser Thailand could pass the necessary enabling legislation for... -
China still ‘critical’ to Asian markets: G2E Asia panel China will remain a key market for Asian gaming... -
Much interest in state casinos sale, says Pagcor boss Alejandro Tengco (pictured in a file photo), chairman and... -
Gaming industry in for a very exciting period: Bill Miller There are “plenty of reasons” for the global gaming... -
IGT flags route to high-performing games for Asia Gaming equipment provider International Game Technology Plc... -
G2E Singapore trade show, conference begins today The Global Gaming Expo (G2E) Asia 2023 Special Edition:... -
Novomatic’s Black Edition II cabinets at G2E in Singapore Austria-based gaming equipment maker and operator Novomatic... -
Uplatform to show latest iGaming products at G2E Singapore Sports betting and online casino operating platform... -
L&W ambition to be No1 in Asia well on its way: SVP... The business performance in Asia of gaming content and... -
G2E Singapore expecting 6k visitors, 100+ exhibitors The organisers of Global Gaming Expo (G2E) Asia 2023... -
‘Dragon Unleashed’ slot link by L&W at G2E in... Gaming content and equipment supplier Light & Wonder... -
Sega Sammy Creation new multi-ETG at G2E in Singapore Casino equipment maker Sega Sammy Creation Inc is to... -
Aristocrat at G2E Asia in Singapore previews Year of Dragon Casino slot machine and digital gaming content provider... -
IGT ‘Prosperity’ link in Asia show debut G2E in... The Global Gaming Expo (G2E) Asia event in Singapore is the... -
Thai parliament adviser on casinos attending G2E Singapore An adviser to a Thailand parliamentary committee mulling...
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
MBS en route to US$500mln quarterly EBITDA: LVS boss June 1, 2023 
Macau May GGR tops US$1.9bln, up 6pct from Apr: govt June 1, 2023 
Lam Yi Young resigns as deputy CEO Resorts World Sentosa June 2, 2023
