Chinese lottery sales in January were down 13.8 per cent year-on-year to CNY30.82bn (US$4.88bn).<\/p>\n\n\n\n\n\n\n\n
China.- China\u2019s Ministry of Finance has reported that\u00a0lottery sales for January declined to CNY30.82bn (US$4.88bn)<\/strong>. The figure was down 13.8 per cent when compared to 2021.<\/p>\n\n\n\n Lottery draw sales accounted for CNY12.86bn. Income from betting and prediction games was CNY8.24bn and that of instant games CNY7.65bn. Keno sales contributed CNY2.05bn while video lottery sales generated CNY50,000. <\/p>\n\n\n\n Welfare Lottery sales<\/strong>\u00a0were CNY3.97bn, down 8.1 per cent year-on-year. CNY7.54bn of that came from lottery draw sales while instant game sales brought in CNY4.37bn. <\/p>\n\n\n\n Sports lottery revenue was CNY16.8bn, down 18 per cent year-on-year. In this segment, lottery draw sales accounted for CNY5.31bn and betting and prediction games CNY8.24bn.\u00a0Instant games generated CNY3.27bn and video lottery sales added Y50,000.<\/p>\n\n\n\n Most of the Welfare Lottery and Sports Lottery sales came from the Guangdong province, which generated CNY1.51bn and CNY1.82bn respectively. This was followed by Zhejiang, where welfare lottery sales reached CNY1.13bn, and Jiangsu, which generated CNY1.40bn in Sports Lottery sales.<\/p>\n","protected":false},"excerpt":{"rendered":" Chinese lottery sales in January were down 13.8 per cent year-on-year to CNY30.82bn (US$4.88bn).<\/p>\n","protected":false},"author":176,"featured_media":16435,"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 Ministry of Finance reported a significant 13.8 per cent year-on-year decline in national lottery sales for January, totaling CNY30.82bn (US$4.88bn). Both Welfare Lottery and Sports Lottery segments experienced contractions, with Guangdong, Zhejiang, and Jiangsu provinces contributing the highest sales volumes despite the overall downturn.","focusai_entities":"China\u2019s Ministry of Finance","focusai_location":"China, Guangdong, Zhejiang, Jiangsu","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.75), operator_casino (0.88), investor_analyst (0.99), supplier_vendor (0.9), journalist_researcher (0.97)","focusai_suggestions":[{"label":"Impact on Q1 GGR?","query":"What are the projected implications of this January lottery sales decline on China's overall Q1 Gross Gaming Revenue (GGR) across all regulated verticals?"},{"label":"Regulatory Response?","query":"Will the Ministry of Finance or other regulatory bodies consider policy adjustments or promotional initiatives to mitigate the observed year-on-year decline in lottery sales?"}],"footnotes":""},"categories":[157,16338],"tags":[3573],"class_list":["post-27735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27735","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27735"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27735\/revisions"}],"predecessor-version":[{"id":27756,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27735\/revisions\/27756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16435"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}