The Ministry of Finance has reported that lottery ticket sales reached CNY33.33bn (US$4.64bn).<\/p>\n\n\n\n\n\n\n\n
China.- The Ministry of Finance has reported that Chinese lottery ticket sales reached CNY33.33bn (US$4.64bn) in September. The figure was up 6.7 per cent when compared to last year. Welfare Lottery sales<\/strong> were CNY12.32bn, up 4 per cent year-on-year. Sports lottery sales grew by 8.3 per cent to CNY21.01bn.<\/p>\n\n\n\n Chinese Lottery sales were CNY281.24bn in the first nine months of 2022, an increase of 1 per cent over the same period last year. <\/p>\n\n\n\n Liang Wannian<\/strong>, a senior official of the National Health Commission\u2019s Covid-19 response team, suggested in an interview with the state broadcaster China Central Television (CCTV) that China’s zero Covid-19 policy could continue beyond the first quarter of next year.<\/p>\n\n\n\n In the interview, Liang admitted that authorities could not commit to a definite timetable<\/strong> for any policy changes. He added that moving forward with any easing of restrictions would require an increase in the vaccination rate, especially among the elderly.<\/p>\n","protected":false},"excerpt":{"rendered":" The Ministry of Finance has reported that lottery ticket sales reached CNY33.33bn (US$4.64bn).<\/p>\n","protected":false},"author":176,"featured_media":22356,"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 6.7% year-on-year increase in September lottery ticket sales, reaching CNY33.33bn, with Welfare and Sports lotteries showing growth. Total sales for the first nine months of 2022 increased by 1% to CNY281.24bn. Concurrently, a senior official indicated that China's zero-Covid policy might extend beyond Q1 next year, contingent on vaccination rates, posing potential macroeconomic implications.","focusai_entities":"Ministry of Finance, National Health Commission, China Central Television, Liang Wannian","focusai_location":"China","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), operator_casino (0.7), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Zero-Covid Policy Impact?","query":"What are the projected impacts of China's extended zero-Covid policy on consumer discretionary spending and the overall growth trajectory of the lottery and broader iGaming verticals in 2023?"},{"label":"Lottery Vertical Performance?","query":"How do the growth rates of Welfare and Sports lotteries compare to other regulated gaming verticals in China, and what are the underlying drivers for these specific performances?"}],"footnotes":""},"categories":[16338,163],"tags":[3573],"class_list":["post-34930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34930","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=34930"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34930\/revisions"}],"predecessor-version":[{"id":34962,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34930\/revisions\/34962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22356"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}No end in sight for China\u2019s zero-Covid policy<\/h2>\n\n\n\n