CHINA LOTTERY MARKET GROWS FOR SECOND CONSECUTIVE MONTH
China’s lottery market recorded a 2 per cent increase in total lottery sales to RMB34.78bn (€4.36bn) for the month of August.
With results for the first half of the year negatively impacted by the COVID-19 pandemic, August marked the second consecutive month of year-on-year growth for the lottery market.
Sales of the Sports Lottery rose 10.5 per cent to RMB21.53bn, offsetting a 9 per cent decline in Welfare Lottery sales to RMB13.25bn.
There were a total of 19 Chinese provinces that grew lottery sales compared to the same month last year, including Guangdong, Jiangsu and Yunnan.
Despite the return to growth in July and August, total Chinese lottery sales for the first eight months of 2020 were 30 per cent lower than a year ago at RMB194.83bn. Welfare Lottery sales were down 31 per cent at RMB87.97bn and Sports Lottery sales were down 30 per cent at RMB106.85bn.
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