Lottery sale of Mainland China dips around 9.4 percent in February year-on-year to approximately RMB22.45 billion, according to official data of the country's ministry of finance.
Welfare lottery sales was
up to RMB12.34 billion in February, dips by 5.2 percent compared to the
previous year period, on the other hand sports lottery sales dropped by 14.1
percent.
Official released
statement from the ministry says there is no particular explanation for the reason
in sales drop. Sales of all lottery
types apart from instant lottery were halted during the week long holiday for
Chinese New Year, started on February 7.
In February, lottery
ticket sales went up year-on-year in 16 of the 31 provinces and cities of Mainland
China. Majority of the 16 provinces
recorded a rise in sales saw double- digit advances, according to official
data.
The ministry data also
declared year-on-year comparisons of total sales in the first two months of the
year. Gundodong province recorded the
highest aggregate sales in January and February for the Welfare Lottery on the
other hand it recorded a decline in Welfare Lottery sales for the province when
compared to a year before.
Guangdong sold the
highest cash value of sports lottery tickets in the first two months, with
sales hiking up by 3.1 percent from the prior year period.
Sales of lottery
products fell by 30.3 and 53 percent in Beijing and Shanghai respectively in
the first two months of the year.
Combined lottery sales
in the first two months of this year amounted to approximately RMB55.1 billion,
a year-on-year fall of 13.9 percent. Welfare
Lottery sales dipped by 6.8 percent to RMB30.47 billion, while sales of sports
lottery products decreased by 21.4 percent to RMB24.63 billion.