only one quick-draw<\/a><\/em><\/strong> for virtual sports lotteries. <\/p>\n\n\n\nA recent joint notice from the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sport announced the restrictions on sales of quick-draw welfare lottery games and high frequency sports lottery games. <\/p>\n\n\n\n
After the 2021 annual Spring Festival holiday, all high-frequency quick-open games will be stopped.<\/p>\n","protected":false},"excerpt":{"rendered":"
China’s total lottery sales dropped 22 per cent year on year between January and November 2020.<\/p>\n","protected":false},"author":2,"featured_media":13024,"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 lottery sector experienced a significant GGR decline of 22% year-on-year from January to November 2020, primarily driven by an 80% plummet in video lottery sales and a 25.1% drop in welfare lottery. This downturn is exacerbated by new regulatory restrictions, effective November 2020, limiting quick-draw and high-frequency lottery games across all provinces, signaling a tightening governance framework for the market.","focusai_entities":"Ministry of Finance, Ministry of Civil Affairs, General Administration of Sport","focusai_location":"China","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact Assessment","query":"What is the projected long-term impact of these new quick-draw and high-frequency lottery restrictions on China's overall GGR and the operational viability of existing lottery licensees?"},{"label":"Market Vertical Shift","query":"How might the significant decline in video lottery sales and the growth in instant win games influence future product development and investment strategies for B2B suppliers in the Chinese market?"}],"footnotes":""},"categories":[157,16338,158],"tags":[3573,4138],"class_list":["post-13021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-lottery","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13021","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=13021"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13021\/revisions"}],"predecessor-version":[{"id":13061,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13021\/revisions\/13061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13024"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}