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China issued the first welfare lottery in 1987. In 29 years' time, China has become one of the most important lottery markets in the world, with the nation's total lottery sales growing at a CAGR of 41% from 1987 to 2016. In particular, lottery sales continued to grow for 10 years consecutively from 2005 to 2014. Lottery sales increased nearly 10 times in 11 years from RMB38.057 billion in 2004 to RMB382.378 billion in 2014.Meanwhile, China lottery sales made up nearly 10% of worldwide lottery sales in 2010, up from less than 5% in 2005, reflecting its increasing importance to worldwide market. In 2014, total lottery sales in the China market accounted approximately 20% of the total worldwide lottery sales, setting a new record. The related lottery authorities has been promoting stable growth in China's lottery market, since 2015, switching its focus to social responsibilities from distribution by implementing a series of regulatory measures. China's lottery industry is on track for healthy development. In 2020, China's lottery sales were RMB334 billion, representing an decrease of 7.2% per cent YOY. China has become one of the largest lottery markets in the world.

After the "Regulations on the Administration of Lotteries" (Order No. 554 of the State Council), which became effective from 1 July 2009, MOF announced the ˇ°Provisional Measures on Telephone Lottery Salesˇ± and the ˇ°Provisional Measures on Internet Lottery Salesˇ± in September 2010. The operation of such regulations and measures reflect that the lottery business in China has been put in the right track with proper legal protection in place.

• CTG (including lotto, high frequency lottery and match-based lottery), as a major lottery product with the largest market share, has shown stable and sustainable growth in the lottery market.

• VLT has become a strong growth driver for the rapid development of the lottery market.

• KENO-type lottery has proved to be an exciting addition to the traditional CTG market.

 
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