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Lottery sales rise to US$36 billion in China

Lottery business in mainland China has reported a robust growth and reached US$36bn in the period from January to June 2018, representing a growth of 19.6%. The largest revenue came from the sports lottery, which jumped 36.1% to more than US$19.88bn compared with US$14.61bn in the first quarter of 2017.

China’s Ministry of Finance noted that first quarter lottery sales were boosted by the FIFA World Cup, which was held between June 14 and July 15.

Welfare lottery sales stood at US$16.34bn in H1 2018, up 4.2% year-on-year. June’s lottery sales skyrocketed by 73.2% year-on-year to US$8.66bn.

June’s sports lottery sales were US$5.82bn more than double the same period last year, while welfare lottery sales picked up 7.1% to US$2.82bn.

Guangdong remained the biggest lottery market in China, with Jiangsu province in second place and Shandong completing the pódium of the three most important zones for the sector.

Source: GMB / Calvinayre.com