China Lottery Ticket Sales Revenue CNY 21.61 Bn in June, Up 23.8% YoY

Source: Ministry of Finance, ChinaScope Financial (Data)

+       According to data released by the Ministry of Finance on July 18, the value of lottery tickets sold in June totaled CNY 21.61 billion, an increase of CNY 4.16 billion, or 23.8% year-on-year.

+       Specifically, welfare lottery sales reached CNY 12.54 billion, increasing CNY 2.08 billion or 19.9% compared to the same period last year. China’s sports lottery sales amounted to CNY 9.08 billion, growing CNY 2.08 billion, or 29.8% year-on-year.

Despite slowdown in the macro economy, lottery sales remain stable. The seasonal effect of the spring festival is highly pronounced.

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