Not Logged In
Industry news In-depth Data reports Calendars About us Contact us

China’s sports lottery sales reach RMB188.15 billion in 2016

By Yutang Sports 04 Jan 2017

Up to midnight on Dec 31, 2016, China’s sports lottery sales had reached RMB188.15 billion for 2016, with the Sports Lottery Public Welfare Fund reaching RMB 44.8 billion. Among these the lotto-lottery sales reached RMB98.09 billion, the guessing-lottery sales reached US$76.40 billion, and the instant lottery sales reached US$76.40 billion. Sales in the provinces of Guangdong, Shandong, Jiangsu, Zhejiang, Henan and Hebei all exceeded RMB10 billion.

In Aug 2016, the General Administration of Sport officially issued the Thirteenth Five-Year Plan for the development of the sports lottery. This indicated that during this Five-Year Plan period, the sports lottery development will actively follow the strategic layout and concept requirements of national development, and strengthen its fundamental role as a national lottery for public welfare.

By the end of the thirteenth Five-Year Plan period, the aim is to significantly improve the quality and benefits of the sports lottery, further increase sales, make it better reflect the concept of a lottery for public welfare and responsibilities, and enhance the legalization and standardization development.

Source: China Sports Daily

Proofread by Sean O Diobhilin

Comments
Please log in to make a comment.

loading...