Chinese Lottery Sales Fall 20.8% in 2020

Chinese Lottery Sales Fall 20.8% in 2020

Chinese Lottery Sales Fall 20.8% in 2020
Chinese Lottery Sales Fall 20.8% in 2020Reading Time: < 1 minute

 

Chinese lottery sales declined 20.8% to CNY333.95bn (€42.31bn) in 2020, following a collapse in activity in the first quarter as the country dealt with the Covid-19 crisis.

This total was made up of CNY144.48bn from the Welfare Lottery, a 24.5% decrease. The Sports Lottery’s contribution fell 17.9% to CNY189.64bn.

Of the Welfare Lottery revenue, the vast majority came from numbers lotteries, which brought in CNY122.14bn, down 7.5%.

Instant win games were more resilient, bringing in CNY14.64bn, down just 2.1% from 2019, while Keno revenue increased despite the effects of the pandemic, to CNY910.9m.

Video lottery, however, saw revenue collapse due to extended closures, with the vertical bringing in just CNY679.3m, down 84.8%.

Breaking down Sports Lottery revenue, numbers games made up the majority of revenue, as sales from this vertical increased by 4.7% CNY99.77bn. Sports betting followed, bringing in CNY74.92bn, but this was down 38.6%.

Instant win games, meanwhile, saw sales of CNY 14.77bn, up 8.7%. Sales from video sports lotteries – always only a minor contributor to total sales – fell 38.9% to CNY1.5m.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Chinese Lottery Sales Fall 20.8% in 2020

The post Chinese Lottery Sales Fall 20.8% in 2020 appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: Eastern European Gaming