China August lottery sales down 10.9 pct
Xinhua, September 25, 2015 Adjust font size:
China's lottery sales amounted to 28.09 billion yuan (4.4 billion U.S. dollars) in August, down 10.9 percent year on year, official data showed on Friday.
The first eight months of 2015 saw about 242.82 billion yuan's worth of lottery tickets sold, a year-on-year drop of 1.8 percent, the Ministry of Finance (MOF) announced.
Welfare lottery sales increased by 0.4 percent year on year to reach about 133.4 billion yuan in the first eight months, while the sports lottery dropped 4.2 percent to hit around 109.4 billion yuan, the MOF data showed.
Lottery sales in north China's Inner Mongolia Autonomous Region rose by 1.22 billion yuan from a year ago, while Henan, Fujian, Hebei and Shandong provinces also posted large increases, according to the MOF.
Under lottery management rules, money from ticket sales must cover administrative fees and public welfare projects as well as the jackpot. Endit