Lottery in China increases ticket sales
Total sales from official lottery products in October went up 11.3 percent year-on-year to US$5.6 billion.
China.- According to official information released by the country’s Ministry of Finance, mainland China’s total sales from lottery products increased 11.3 percent year-on-year in October to US$5.68 billion. Sports lottery tickets helped achieve the monthly figures.
During October operations, sales increased in 29 of the 31 provinces in mainland China authorised to offer lottery tickets. Guangdong, China’s biggest province market for lottery offerings, increased lottery sales by 9.6 percent when compared to the same period last year to US$559 million.
Sports lottery sales also went up 17.1 percent year-on-year to US$2.9 billion, whilst welfare lottery tickets sales experienced a 5.8 percent rise to US$2.7 billion. Both of these modalities drove the overall ticket sales increase in the Asian country.
Combined sales for the two systems during the first ten months of the year to October 31 totaled US$52.6 billion, which translates into a 7.7 percent year-on-year increase. Welfare lottery sales rose 4.9 percent to US$26.7 billion, followed closely by sports lottery products, which increased 10 percent to US$25.9 billion.
