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China's lottery sales grow 30.1% in Q1

Apr. 18, 2012 (China Knowledge) – China saw its sales of lotteries increased 30.1% year on year to RMB 60.25 billion in the first quarter of this year, RMB 13.94 billion more than it realized in the same period of 2011, according to the latest statistics released by the Ministry of Finance.

From January to March, the sales of welfare lotteries grew 30% year on year to RMB 35.29 billion, and the sales of sports lotteries reached RMB 24.96 billion, reflecting a year on year increase of 30.2%.

China saw its sales of numbers games, guessing lotteries, instant games and video type lotteries reached RMB 40.21 billion, RMB 5.73 billion, RMB 9.49 billion and RMB 4.82 billion in the three-month period, with growth rate of 40.2%, 12.7%, 6.43% and 30.2%, respectively.

At the first three month of 2012, Jiangsu province ranked first in the lottery market with a total sale of RMB 7.16 billion, up 50.4% year on year, followed by Guangdong province of RMB 6.3 billion and Shandong province of RMB 5.3 billion.

As of Mar. 31, the million-dollars prize award appeared 25 times this year, source reported.

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