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Chinese Lottery Revenue Hits $50 bil in 2013

Chinese Lottery Revenue Hits $50 bil in 2013

Tom S. January 16, 2014 14:55:24

Lottery purchases on the rise as growing economy builds consumer culture China’s Ministry of Finance reported that lottery sales topped RMB 309.33 billion in 2013 (just over $50 billion), up 18 percent from the previous year. The majority of revenue was provided by two lottery services, the Welfare Lottery and Sports Lottery. The Welfare lottery […]