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China’s lottery sales up 12.5% through first seven months of 2024

Pierce Chan by Pierce Chan
Sat 21 Sep 2024 at 18:52
China state lotteries show second straight month of gains in August
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China’s lottery sales in the first seven months of this year totalled RMB 363.1 billion, up 12.5% year-on-year primarily due to the recent Euro 2024 football championships.

According to data released by China’s Ministry of Finance, welfare lottery organization sales reached RMB 122.6 billion between January and July, an increase of 13.9% year-on-year, while the sports lottery achieved sales of RMB 240.5 billion, an increase of 11.8% year-on-year.

On a monthly basis, lottery ticket sales in July totalled RMB 54.7 billion, an increase of 11.8% year-on-year.

The July tally included welfare lottery sales of RMB 17.6 billion, down 1.3% due to a relatively high base in the same period last year and a decline in sales of instant lotteries.

Sales of sports lotteries amounted to RMB37.0 billion, up 19.3% due to short-term rapid growth in sales of speculative lotteries driven by Euro 2024.

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Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

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