China lotteries hit $6.08 billion in February
China lotteries hit $6.08 billion in February

Lottery sales in China reached a total of CNY 41.81 billion (£4.91 billion / €5.58 billion / US$6.08 billion) in February, a significant increase of 86% year-on-year . This was also 25.8% higher than in January 2023.

Pension Lottery generated CNY 13.58 billion of the total, an increase of 44.2% year-on-year and an increase of 25.2% month-on-month.

Lottery sales accounted for CNY 7.65 billion of this total, up 46.9% year-on-year, while instant game revenue was CNY 3.60 billion, 32.3% higher than February 2022. Keno generated CNY 2.26 billion in revenue, down 16.8% year on year.

Revenue from the Sports Lottery also grew sharply. Revenue of CNY 28.27 billion was an increase of 115.9% compared to February 2022 and 26.3% higher than January. This total consisted of CNY 5.65 billion in the lottery as well as CNY 19.50 billion in sports betting.

Instant betting generated CNY 3.11 billion in revenue, down 9% from the previous month. Video lottery revenue remained at CNY 1m, up from the January total, but down from CNY 11m in February 2022.

Caixa lotteries raised BRL 23.2 billion in 2022

As reported by Caixa, in the last quarter of 2022, Lotteries recorded revenue of BRL 7.2 billion, indicating an increase of 28.1% compared to the same period last year. In accumulated terms, Lotteries raised BRL 23.2 billion in 2022, representing an increase of 25.6% compared to the previous year.

It is worth mentioning that there was an increase in the value of bets, although Caixa did not specify whether this increase was taken into account.

During the fourth quarter, a total of R$2.8 billion was allocated to Federal Government social programs in areas such as social security, sport, culture, public safety, education and health, which represents 38.6% of the total amount. This amount is 27.1% higher than the amount allocated by lotteries in the same period of 2021 and also includes the return to society through income tax payments.