Sales reached CNY579.7bn.<\/p>\n\n\n\n\n\n\n\n
China.-\u00a0China\u2019s lottery sales increased by 36.5 per cent\u00a0in 2023, reaching CNY579.7bn (US$81.64bn), according to the Ministry of Finance. The sales of lottery tickets for the country\u2019s welfare system increased by 31.3 per cent to CNY194.44bn. Sales of lottery tickets for sports increased by 39.3 per cent to CNY385.26bn.<\/p>\n\n\n\n
In December 2022, lottery sales fell by 13.8 per cent to CNY53.28bn.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sales reached CNY579.7bn.<\/p>\n","protected":false},"author":176,"featured_media":26703,"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 experienced a significant 36.5% increase in 2023, reaching CNY579.7bn, driven by robust growth in both welfare and sports lottery verticals. This strong performance, as reported by the Ministry of Finance, marks a substantial rebound compared to the 13.8% decline observed in December 2022, indicating heightened consumer engagement within the regulated gaming sector.","focusai_entities":"Ministry of Finance","focusai_location":"China","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (0.75), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Public Funds?","query":"What specific governance frameworks dictate the allocation of the increased lottery revenue, particularly from the welfare and sports verticals, to public services and infrastructure projects?"},{"label":"Regulatory Stability Factors?","query":"Beyond the reported sales figures, what specific regulatory compliance measures or policy shifts contributed to the significant 36.5% growth in China's lottery market in 2023, especially contrasting with the prior year's decline?"}],"footnotes":""},"categories":[16338,163],"tags":[3573],"class_list":["post-777012881","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\/777012881","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=777012881"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012881\/revisions"}],"predecessor-version":[{"id":777012913,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012881\/revisions\/777012913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26703"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}