The China Welfare Lottery is one of two state-run lotteries serving local residents in Mainland China. The Chinese government does not legally consider the lotteries a form of gambling.
China lottery sales declined for the second month in a row in March, with sales growth decline felt in both the welfare lottery and sports lottery. According to data from the Ministry of Finance, total lottery sales fell 13 percent year-on-year to RMB34.95 billion (US$5.2 billion). Welfare lottery sales fell 16.4 percent year-on-year to CNY16.6 […]
Chinese authorities are downplaying reports circulating on social media that RMB136 billion ($19.5 billion) has been embezzled from the state lotteries by corrupt officials.
Mainland China’s lottery sales increased by 13.3 percent year-on-year in the month of September, driven by continued growth in its sports lottery. According to data released by the Ministry of Finance on Thursday, total lottery sales reached RMB 41.8 billion (US$6 billion) in the month. This was driven by a 24.3 percent increase in sports […]
Lottery sales in China climbed 19.6 percent in the first half of 2018, reaching RMB245.2 billion (US$36.1 billion), according to China’s Ministry of Finance. China’s sports lottery saw the biggest jump in sales, increasing 36.1 percent to RMB 134.6 billion, while the welfare lottery sales increased by 4.2 percent to RMB 110.6 billion. The Ministry […]
China’s welfare lottery sales increased 5.1 percent year-on-year in 2017, reaching RMB 217 billion (US$33 billion), Xinhua reports. According to a statement by the welfare lottery distribution and management center, the lottery raised more than RMB 60 billion for public welfare funds in the year. Under the current rules, half of the welfare proceeds go […]
Lottery sales in Mainland China increased by 15.1 percent year-on-year to approximately RMB36.9 billion (US$5.6 billion) in September, according to data from the Ministry of Finance. The increase was driven by a 24.4 percent increase in sales of sports lottery tickets, which amounted to RMB19.3 billion in the month. Welfare lottery sales also saw growth […]
China lottery sales recorded 13.1 percent year-on-year growth in August, reaching RMB35.1 billion (US$5.3 billion), according to data from the Ministry of Finance. During the month, sales of welfare lottery tickets rose 10 percent, while sports lottery sales went up 16.4 percent. Strong sales were recorded in Hunan, Fujian, Guangdong, Henan and Zhejiang, according to […]
China saw its monthly lottery sales fall slightly in June, going down 0.3 percent year-on-year to RMB 33.8 billion (US$5 billion), according to data from the Ministry of Finance. Welfare lottery ticket sales increased 8.8 percent year-on-year to RMB 17.8 billion, while sports lottery sales fell 8.9 percent to RMB 16 billion, said the […]
Mainland China’s lottery sales rose 8.9 percent year-on-year in May, reaching approximately RMB 37.7 billion (US$5.5 billion), according to data from the Ministry of Finance. Welfare lottery sales was down 0.8 percent in May year-on-year to RMB 18.23 billion, while sports lottery sales jumped 19.8 percent to RMB 19.5 billion. Sales were up in 22 […]
Mainland China lottery sales in April totalled CNY38.2 billion (US$5.5 billion), representing a rise of 9.6 percent year-on-year, according to data from the Ministry of Finance. Welfare lottery ticket sales increased 4.3 percent year-on-year to CNY18.7 billion, while sports lottery sales went up 15.2 percent to CNY19.5 billion. For the first four months of 2017, […]
Lottery sales in China rose 6.3 percent year-on-year to CNY 37.9 billion (US$5.5 billion) in March, according to the Ministry of Finance. Welfare lottery ticket sales increased 3.8 percent year-on-year to CNY 19.8 billion in the month, while sports lottery sales went up 9.2 percent to CNY 18.1 billion, noted the ministry. Lottery sales grew […]
Mainland China lottery sales reached RMB 28.2 billion (US$4.1 billion) in February, up 25.4 percent year-on-year, according to the latest data from the Ministry of Finance. Welfare lottery sales increased by 23.9 percent to RM15.3 billion, while sports lottery sales went up 27.1 percent to RMB12.9 billion. Lottery sales for the first two months of […]
The Ministry of Finance reported January lottery sales in Mainland China fell by 10.7 percent year on year to a total of RMB 29.2 billion ($4.23 billion), hurt by the timing of the Chinese New Year holiday. Welfare lottery sales decreased by 10.6 percent to RMB 19.2 billion while sports lottery sales dropped by 10.8 […]
China lottery sales rose 7.3 percent to RMB 394.6 billion (US$57.5 billion) in 2016, according to data from the Ministry of Finance. Welfare lottery sales rose 2.5 percent to RMB 206.5 billion, while sports lottery rose 13.1 percent to RMB 188.2 billion. December saw a 7.2 percent increase in overall lottery sales, with welfare lottery […]
China’s lottery sales rose 8.3 percent year-on-year to CNY 33.8 billion (US$4.9 billion) in October, according to the Ministry of Finance. Sales of welfare lottery tickets increased 6 percent year-on-year to CNY 17.3 billion in October, while sports lottery sales jumped 10.9 percent to CNY 16.5 billion, said the ministry in a statement. Lottery sales […]
China’s lottery sales rose 10.4 percent year on year to 31 billion yuan ($4.7 billion) in August, led by sales of sports lottery tickets. Sales of welfare lottery tickets increased 5.8 percent year on year to 15.9 billion yuan in August, while sports lottery sales jumped 15.7 percent to 15.1 billion yuan, the Ministry of […]
China’s sports lottery has reported overall sales in July up 19.8 percent to RMB 32.4 billion ($4.8 billion), according to figures released by China’s Ministry of Finance. Welfare lottery sales increased 6.7 percent year-on-year to RMB 16.6 billion, while sports lottery sales went up 37.6 percent to RMB 15.8 billion. In June, lottery sales reached […]
Lottery system provider Rexlot Holdings has reported a decline in profit for the six months ended June 30, 2016, due to a “challenging operating environment” and a slowdown in the economy. In a filing to the Hong Kong Stock Exchange, the lottery company said profit before taxation declined 73 percent to approximately HK$90.8 million in […]
Lottery sales in China were RMB 194.3 billion (US$29.3 billion) in the first half of 2016, up 3.5 percent year-on-year. According to data from the Ministry of Finance, welfare lottery sales declined by 0.5 percent year-on-year to RMB 102.3 billion in 16H1, while sales of sports lottery products went up 8.4 percent to RMB 92.0 […]
Lottery sales in mainland China saw a decrease of 9.4 percent year on year, to RMB22.5 billion (US$3.5 billion), according to recent figures released from the country’s Ministry of Finance. Welfare lottery sales went down 5.2 percent to RMB12.3 billion in February compared to the year before, and sports lottery dropped 14.1 percent to RMB1.7 […]
China’s lottery sales fell 3.8 percent year on year to RMB367.9 billion (US$55.9 billion) in 2015, according to data from the Ministry of Finance in China. Welfare lottery sales went down 2.2 percent in 2015 to RMB201.5 billion and sports lottery sales went down 5.7 percent to RMB166.4 billion. The slowdown in China’s economic growth […]
According to an announcement by China’s Ministry of Finance, total lottery sales in Nov. 2015 decreased by 10.2 percent year on year, to RMB 30.6 billion ($US4.7 billion), compared to RMB 34.1 billion in 2014. Total lottery sales from Jan. to Nov. 2015 has decreased 3.6 percent year on year to RMB 333.8 billion, compared […]
Lottery sales in China declined 2.9 percent year on year in the first 10 months of this year to 303.13 billion yuan (US$47.45 billion), according to a statement on the Ministry of Finance website. China’s lottery sales reached 31.23 billion yuan (US$4.88 billion) in October, a decline of 4.5 percent compared with the same period […]
China’s lottery sales slipped 27.3 percent year-on-year in July to RMB27.1 billion ($4.2 billion), according to state-news service Xinhua. Citing the Ministry of Finance, Xinhua reported that the decline was due to the high base comparison from the same period last year, driven by the World Cup 2014. For the first seven months of 2015, […]
Sales in China’s booming lottery market declined 6.3 percent to RMB30.81 billion ($4.9 billion) in the first year-on-year drop in more than two years after the government launched a crackdown on online sales. However, overall Q1 sales were up 18.5 percent to RMB 94.8 billion. Welfare sales dropped 5 percent to 17.82 billion in March […]
China’s lottery sector continues to boom, but uncertainty over how Beijing may react to the rapid growth continues to linger, with big questions over the future direction of online sales and sports betting.
China’s clampdown on online lottery sales is likely to have a significant impact on the country’s booming lottery market in the short term, but shouldn’t be read as a signal that Beijing is seeking to permanently shut down remote lottery distribution, experts say. E-commerce giant Alibaba on Tuesday said it was suspending sales of online lottery tickets in China, following in the footsteps of New York Stock Exchange-listed online lottery company 500.com, Tencent and others. Although estimates vary on how much of the RMB 382.4 billion ($61 billion) in 2014 sales were actually generated online, the amount is thought to have been “substantial.” However, industry insiders say the existing system was badly flawed and the suspension may pave the way for a much needed overhaul. Both legal lotteries in China, the Welfare Lottery and the Sports Lottery have a national brand and national regulation, but the day-to-day operations are organized at the provincial level. The province is also responsible for generating sales.