Chinese media is reporting that the government plans to restart its online lottery operations after ordering their suspension over a year ago.
This weekend, the Economic Observer quoted an anonymous industry insider saying that Beijing authorities were preparing to authorize a trial of a new online lottery regime, but only after the government crafts the necessary regulations. The source offered no timeline for when these new regulations might be ready.
Beijing ordered a ‘temporary’ suspension of online lottery sales in March 2015 after government audits turned up widespread evidence of fraud by officials at provincial lottery administration centers. The suspension contributed to the 3.8% decline in China’s lottery sales in 2015.
No company was ever officially approved to sell sports and welfare lottery tickets online in China, although the government had allowed two companies – 500.com and Sporterry.cn – to participate in an online pilot program.