The China Lottery IndustryOver the past 25 years the lottery industry in China has increased at a compound annual growth rate of approximately 33%. The industry continues to grow and with the advent of the mobile internet the growth of the lottery industry has accelerated. Today more and more lottery consumers use their mobile device to purchase daily or weekly lottery tickets.
The two authorized lottery operators in China, the Welfare Lottery and the Sports Lottery, provide very significant levels of funding for good causes such as social welfare in the country and building community sports facilities. The Beijing government has recently taken steps to regulate the lottery industry and put in place a system that will see even higher growth in the industry.