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Chinese lottery numbers see massive growth

Chinese lottery numbers see massive growth

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According to data from the Chinese Ministry of Finance, sales of tickets in the country’s state lotteries, the Welfare Lottery and the Sports Lottery, rose by over 58% in September, to hitting a massive CNY52.8bn ($7.2bn/€6.8bn/£5.9bn).

The largest leap – 70% year-on-year – was seen in what is known as ‘guess lottery’ sales. This format is sports betting by any other name, and the Ministry statement attributed this sudden surge to the start of the Asian Games at the end of the month.

New instant lottery tickets were also attributed, with instant lottery sales growing by 152%, digital lottery sales by 15% and Keno lottery sales by 37%.

Between January and September, total lottery ticket sales grew by 52.4% year-on-year, with sports betting making up 43.2% of sales, an increase of 93.6%.