RTG Slots

Lottery sales down in mainland China

lottery down china
The number of sales decreased 12.7% year-on-year to €4.5 billion. Credits: scmp.com

The number of official lottery products sales in China was 12.7% down year-on-year in May to €4.5 billion.

China.- The lottery in Mainland China experienced a setback in May, as according to official data from China’s Ministry of Finance, the number of sales decreased by 12.7% year-on-year to €4.5 billion.

May’s negative results mark the fourth consecutive month in which the sale of official lottery tickets fell in year-on-year terms. Sales were reportedly down in 28 of the 31 provinces authorized to sell lottery tickets in mainland China. Moreover, welfare lottery sales also fell by 15.7% to €2 billion last month. Sports lottery decreased 10% to nearly €2.4 billion.

The Ministry said that lottery tickets sales for the first five months of the year were down by 4.7% year-on-year to €22.7 billion. Welfare lottery sales also reported negative results as they decreased by 10.6% year-on-year to approximately €10.4 billion. Furthermore, sports lottery sales were the best performer in the first five months of the year, although it registered a 1% fall to €12.2 billion.

Guangdong, the main lottery market in China, registered total sales of €2 billion in lottery products in the first five months of the year, which represents a 9.3% decline year-on-year.

In this article:
china finance lottery

Most Read Articles