China’s lottery numbers rose again in May, spurred by double-digit growth in sports lottery sales.
According to figures released on Friday by the Ministry of Finance, overall lottery sales came to RMB 34.6b (US $5.4b) in the month of May, up 7.8% from the same month last year. For the year to date, sales are up 0.5% to RMB 160.3b.
In keeping with recent trends, sports lottery sales growth dramatically outpaced welfare lottery numbers. Welfare lottery sales were up 1.8% to RMB 18.4b while sports lottery sales were up 15.6% to RMB 16.2b. The sports lottery numbers will undoubtedly get a further boost in the next monthly report thanks to the Euro 2016 football tournament.
UK-licensed lottery and payment processing firm DJI Holdings, which focuses on the Chinese market, announced this week that its annual after-tax loss had widened to £11.4m in 2015 from £3.6m in 2014. The company blamed Beijing’s March 2015 decision to ‘temporarily’ suspend online lottery sales, a suspension that continues to this day.