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China's lottery sales in August hit 63.985 billion yuan, up 19.8% year-on-year
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According to data reported by Cailianshe on September 22, China's total lottery sales in August reached 63.985 billion yuan, an increase of 10.584 billion yuan or 19.8% year-on-year. The growth was primarily driven by the continued impact of the FIFA World Cup on sports lottery sales. Welfare lottery sales fell 8.5% to 15.809 billion yuan, while sports lottery sales surged 33.4% to 48.176 billion yuan. For the first eight months of 2024, cumulative lottery sales totaled 478.431 billion yuan, up 13.0% year-on-year, with welfare lottery sales down 7.6% and sports lottery sales up 23.5%.
Source report
September 22 (Caixin) — In August, total national lottery sales amounted to 63.985 billion yuan, an increase of 10.584 billion yuan or 19.8% year-on-year. The growth was primarily driven by the continued impact of the FIFA World Cup on sports lottery sales.
Breakdown by Lottery Type
- Welfare lottery institutions: 15.809 billion yuan, down 1.465 billion yuan or 8.5% year-on-year
- Sports lottery institutions: 48.176 billion yuan, up 12.049 billion yuan or 33.4% year-on-year
January–August Cumulative Sales
From January to August, total national lottery sales reached 478.431 billion yuan, an increase of 55.226 billion yuan or 13.0% compared to the same period last year.
- Welfare lottery institutions: 131.529 billion yuan, down 10.782 billion yuan or 7.6% year-on-year
- Sports lottery institutions: 346.901 billion yuan, up 66.009 billion yuan or 23.5% year-on-year
Source
财联社Eastern
Part of this Story
China’s August lottery sales surge 19.8% to 63.99 billion yuan, driven by World Cup betting