{"id":777007690,"date":"2023-07-27T06:42:46","date_gmt":"2023-07-27T09:42:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007690"},"modified":"2026-04-22T19:36:33","modified_gmt":"2026-04-22T22:36:33","slug":"china-lottery-sales-rise-50-in-first-5-months-of-2023","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/china-lottery-sales-rise-50-in-first-5-months-of-2023","title":{"rendered":"China lottery sales rise 50% in first 5 months of 2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">China&#8217;s lottery sales reached RMB225.2bn (US$31.5bn) between January and May 2023.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">China.- China&#8217;s lottery sales reached<strong> RMB225.2bn <\/strong>(US$31.5bn) in the first five months of 2023, reflecting a 50 per cent year-on-year increase.\u00a0The data from <strong>the Ministry of Finance<\/strong> shows a rise in both welfare and sports lottery sales. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The welfare lottery registered sales of RMB 71.8bn (US$10bn), a year-on-year increase of 16.2 per cent.\u00a0Sports lottery sales reached RMB153.4bn (US$21.5bn), up 73.7 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In May, lottery sales were up 62 per cent year-on-year to RMB50.2bn (US$7bn). However, the figure was down slightly when compared to April&#8217;s record-breaking sales of RMB50.3bn (US$7.03bn).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Economists attributed the rise in sales to multiple factors, including a low sales base in the previous year, the draw of sports events and economic uncertainty in the aftermath of the Covid-19 pandemic. For full-year\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/chinese-lottery-sales-up-13-8-in-2022\" target=\"_blank\">2022<\/a>, lottery sales rose by 13.8 per cent to CNY424.65bn (US$62.82bn).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s lottery sales reached RMB225.2bn (US$31.5bn) between January and May 2023.<\/p>\n","protected":false},"author":176,"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 sales reached RMB225.2bn (US$31.5bn) between January and May 2023, marking a 50 per cent year-on-year increase driven by both welfare and sports lotteries. This significant growth is attributed to a low sales base in the prior year, the appeal of major sports events, and economic uncertainty post-Covid-19. May's sales alone were RMB50.2bn, up 62 per cent year-on-year.","focusai_entities":"Ministry of Finance","focusai_location":"China","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), operator_casino (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact of Economic Uncertainty?","query":"How precisely does post-COVID economic uncertainty correlate with the observed surge in lottery participation in China, and what are the long-term projections for this trend?"},{"label":"Sports Events Contribution?","query":"Which specific sports events or tournaments were identified as primary drivers for the 73.7% year-on-year increase in sports lottery sales during this period?"}],"footnotes":""},"categories":[157,16338],"tags":[3573],"class_list":["post-777007690","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007690","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=777007690"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007690\/revisions"}],"predecessor-version":[{"id":777007709,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007690\/revisions\/777007709"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}