investing heavily in cryptocurrency<\/a><\/em><\/strong> machines.<\/p>\n","protected":false},"excerpt":{"rendered":"All lottery sales were down in comparison to 2019 except for Keno sales, which increased despite the Covid-19 pandemic.<\/p>\n","protected":false},"author":2,"featured_media":0,"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 20.8% year-on-year decline in 2020, primarily attributed to the Covid-19 pandemic and subsequent operational closures, with video lottery sales most severely impacted. Concurrently, new regulatory mandates from November 2020 are restricting quick-draw and high-frequency lottery games, compelling operators like 500.com to explore diversification into alternative ventures such as cryptocurrency.","focusai_entities":"500.com, Ministry of Finance, Ministry of Civil Affairs, General Administration of Sport","focusai_location":"China","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.92), operator_casino (0.9), product_ux (0.75), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact Analysis","query":"What is the projected long-term impact of these regulatory restrictions on China's overall lottery GGR and NGR, particularly for the high-frequency verticals, and how might this affect future market consolidation?"},{"label":"Operator Diversification Strategy","query":"How will the mandated cessation of high-frequency quick-open games influence the strategic diversification efforts of major lottery operators beyond traditional gaming verticals, and what new market opportunities are emerging?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23919,3573,233],"class_list":["post-13728","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-cryptocurrencies","tag-lottery","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13728","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=13728"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13728\/revisions"}],"predecessor-version":[{"id":13739,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13728\/revisions\/13739"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}