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Chinese Lottery Sales Up 20 Percent
Friday November 28,2014 : CHINA LOTTERY SALES UP AGAIN
Punters bought 20.3 percent more tickets in October.
The popularity of lottery action in China shows no sign of waning, with October lottery sales again rising year-on-year, up 20.3 percent to the equivalent of around $5.34 billion, according to official Chinese figures from the country’s Ministry of Finance.
Sports Lottery betting again led the charge, with sales up 27.9 percent to 14.95 billion yuan, whilst Welfare Lottery sales were up 14.5 percent to 17.75 billion yuan.
The year-to-date numbers continue to show the rising trend, with total lottery sales in the ten months to date at an impressive 312.1 billion - up 24 percent compared to the same period in 2013.
Officials said that China's economic growth had fuelled salary increases and rising disposable income for most punters, and this has been good for the lotteries.
In US dollar terms, a recent research study predicted that total lottery sales will reach US$61 billion this year and could rise to $73.3 billion in 2015, with online sales reaching $2.2 billion in 2014 on the Sports Lottery, rising to $3.2 billion in 2015...that represents increases of 47.3 percent and 44.8 percent respectively.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.
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