According to the Ministry of Finance, China\u2019s lottery ticket sales reached CNY424.65bn (US$62.82bn).<\/p>\n\n\n\n\n\n\n\n
China.- China’s lottery sales increased by 13.8 per cent <\/strong>in 2022, reaching CNY424.65bn (US$62.82bn), according to the Ministry of Finance. The sales of lottery tickets for the country’s welfare system increased by 4.1 per cent to CNY148.13bn. Sales of lottery tickets for sports increased by 19.7 per cent to CNY276.52bn.<\/p>\n\n\n\n In December 2022, lottery sales increased by 91.7 per cent to CNY61.85bn<\/strong>. Sales of welfare lottery tickets dropped 16.9 per cent to CNY11.83bn but sales of sports lottery tickets soared 177.5 per cent to CNY50.02bn, likely due to the FIFA World Cup.<\/p>\n\n\n\n The funds raised from ticket sales are used for administrative expenses, public welfare projects and prizes.<\/p>\n","protected":false},"excerpt":{"rendered":" According to the Ministry of Finance, China\u2019s lottery ticket sales reached CNY424.65bn (US$62.82bn).<\/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 lottery ticket sales surged by 13.8% in 2022, reaching CNY424.65bn (US$62.82bn), driven significantly by a 19.7% increase in sports lottery sales. December 2022 saw an exceptional 91.7% month-on-month growth, primarily due to the FIFA World Cup's impact on sports lottery revenue. Funds generated are allocated to administrative expenses, public welfare projects, and prizes.","focusai_entities":"Ministry of Finance, FIFA World Cup","focusai_location":"China","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.75), operator_casino (0.85), investor_analyst (0.98), supplier_vendor (0.88), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Future Market Liberalization?","query":"What are the long-term implications of China's lottery market growth for potential future liberalization or B2B iGaming market entry?"},{"label":"Sports Lottery Sustainability?","query":"How sustainable is the growth trajectory of China's sports lottery, particularly post-major events like the FIFA World Cup, and what are the underlying drivers?"}],"footnotes":""},"categories":[16338,163],"tags":[3573],"class_list":["post-777001954","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\/777001954","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=777001954"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001954\/revisions"}],"predecessor-version":[{"id":777001985,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001954\/revisions\/777001985"}],"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=777001954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}