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China Lottery Sales Fall for Second Month

China Lottery Sales Fall for Second MonthReading Time: 1 minute

 

Lottery sales in China have declined in April by 13.7% from the prior-year period.

According to the Ministry of Finance, the total sales in April were nearly CNY35.99 billion (US$5.21 billion). Welfare lottery sales declined by 17.4% year-on-year, to approximately CNY16.29 billion, while sports lottery sales stood at CNY19.70 billion, 10.4% less than a year ago.

For the first four months of 2019, total sales of lottery products declined by 2.5% year-on-year, to approximately CNY142.31 billion. Welfare lottery sales totalled nearly CNY65.35 billion in the four months to April 30, down by 9.2% from the prior-year period, while sports lottery sales increased by 4.1% year-on-year to CNY76.96 billion.

In April, sales went up in only two of 31 provinces and municipalities of mainland China authorised to sell lottery tickets. Guangdong province saw its sales decline by 16.8% year-on-year in April.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: China Lottery Sales Fall for Second Month

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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