China's Lottery Sector is Growing at a Substantial Rate

This story was published more than 9 years ago.

Much like Macau, China's lottery sector is booming, reporting a huge amount of sales that will exceed $49 billion this year.

The country has two official lotteries, the Sports Lottery, and Welfare Lottery, whose sales are expected to beat last year's take of $49 billion. The Sports Lottery brought in $21.3 billion last year, while the Welfare Lottery brought in $27.7 billion. The drawings are expected to grow by 20.2% and 16.9% respectively.

The rate of growth for the country's lottery is huge when compared to other lottery sectors and even dwarfs the California State Lottery's 2013 sales of $5 billion.

The Chinese lottery system sees the local and national government split proceeds 50/50 after player winnings are doled out.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.