China’s national lottery has reported a month-on-month rise in sales for September.<\/p>\n\n\n\n\n\n\n\n
China.- The national lottery has reported sales of CNY35.85 billion (US$5.35 billion) for September. That represents a fall of 1.5 per cent year-on-year but is 3.1 per cent higher than August.<\/p>\n\n\n\n
The numbers have shown a slow recovery after having lottery revenue fell 41.7 per cent for the first six months of the year due to pandemic restrictions. <\/p>\n\n\n\n
Sales for the first nine months of 2020 are now down just 27 per cent to CNY230.68 billion (US$34.43 billion).<\/p>\n\n\n\n
China\u2019s sports lottery has led the recovery, with September sales up 5.8 per cent year-on-year to CNY21.90 billion (US$3.27 billion). Sales of welfare lottery tickets were down by 11.1 per cent at CNY13.95 billion (US$2.08 billion).<\/p>\n\n\n\n
The China Sports Lottery and China Welfare Lottery are the only fully legal forms of gambling in mainland China. Proceeds are intended for use in public welfare projects.<\/p>\n","protected":false},"excerpt":{"rendered":"
China’s national lottery has reported a month-on-month rise in sales for September.<\/p>\n","protected":false},"author":2,"featured_media":11417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"China's national lottery reported September sales of CNY35.85 billion, marking a 3.1% month-on-month increase despite a 1.5% year-on-year decline. This indicates a continued recovery trajectory following a 41.7% revenue fall in H1 2020 due to pandemic-related operational constraints. The Sports Lottery vertical is driving this rebound, contrasting with a decline in Welfare Lottery sales.","focusai_entities":"China Sports Lottery, China Welfare Lottery","focusai_location":"China","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.8), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Recovery Drivers?","query":"What specific operational or marketing strategies, beyond the easing of pandemic restrictions, are attributed to the China Sports Lottery's accelerated recovery compared to the Welfare Lottery?"},{"label":"Economic Impact?","query":"How does the observed recovery trajectory of the national lottery GGR impact the broader public welfare funding objectives and the state's fiscal projections for 2020-2021?"}],"footnotes":""},"categories":[160,161,16338,163,158],"tags":[227,20778,3573],"class_list":["post-11415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-daily-news","category-east-asia-news","category-finance-news","category-slider-home","tag-china","tag-financial-results","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=11415"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11415\/revisions"}],"predecessor-version":[{"id":11418,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11415\/revisions\/11418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11417"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=11415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=11415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=11415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}