China Lottery Sales Up 10.2 Percent in April

China Lottery Sales Up 10.2 Percent in April

China lottery sales increased 10.2 percent in April to CNY55.4 billion, or $7.65 billion. According to the Chinese Ministry of Finance, the lotto sales growth dropped but stabilized in April. In addition, April’s total is lower by a negligible amount than March’s.

The Sports Lottery sector witnessed a notable increase, contributing CNY36.69 billion, a rise of CNY1.96 billion, or 5.7%, over the previous year. Similarly, the Welfare Lottery sector also showed a robust performance, with a significant increase of 20.3% from April 2023, contributing CNY18.76 billion.

Sales during the year’s first four months came to CNY204.92 billion, up 17.0% from last year. According to pay per head reviews and news sites, sales of the Sports Lottery reached CNY134.96 billion, a rise of 12.7%. On the other hand, sales of the Welfare Lottery reached CNY69.96 billion. It was an increase of 26.3% annually.

China Lottery Sales Growth

China Lottery Sales Up 10.2 Percent in AprilGains were observed in all areas during the month. Lotto Digital brought in CNY16.34 billion, an increase of 5.5% annually, while sales of instant lotteries surged 11.7% to CNY9.98 billion. By contrast, wagering increased 9.7 percent from April 2023 to CNY25.46 billion. However, with a surge of 36.8% to CNY3.67 billion, the Keno lottery had the most significant improvement.

Sales for lottery digital reached CNY59.26 billion from January to April, an increase of 10.1% year-over-year. The four-month sales for betting were 2.4% higher at CNY83.40 billion, while the sales for quick lotteries jumped 60.9% year-on-year to CNY48.95 billion. Similarly, the Keno lottery saw a significant increase of 40.5% to CNY3.83 billion from January to April.

When broken down by province, the Ministry of Finance found that April lottery sales were up across the board—except for Hubei and Tianjin.

The most significant rise in sales, CNY550 million in April, was anticipated in Guangdong. After this, lottery sales in Hunan and Hebei increased by CNY390 million and CNY380 million, respectively. According to pay per head bookie software reports, Xinjiang surged to fourth position in the country with a CNY330 million increase in lottery sales.

Lottery Terminal Supplier in Guizhou and Hainan

According to bookie news reports, AGTech’s subsidiary has won tenders to supply lottery terminals to Sports Lottery Administration Centers in Hainan and Guizhou.

AGTech’s board of directors announced their happiness with the new contracts, which are expected to strengthen the group’s position in the market and propel future expansion in the area. AGTech is a subsidiary of Alibaba Group.

The Chinese firm AGTech Holdings Limited provides integrated lottery technology and services, including software and hardware development and provision, game design and development, and the supply of lottery terminals. The company’s operations cover various areas of the lottery sector.

A significant portion of the group’s profit of about HK$22 million ($2.8 million) in 2023 came from Macau Pass Holding’s financial success.

Last year, the business received hardware supply contracts from several provinces in China’s eastern region, including Anhui, Guizhou, Sichuan, Hunan, Hubei, Fujian, Jiangsu, Zhejiang, Shandong, and Guangdong.

Bwager Sports Betting Software Company