综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Chinese lotteries to score during World Cup

(Xinhua) Updated: 2014-06-05 16:05

BEIJING - The Chinese lottery sector is set for a dramatic sales surge around the upcoming FIFA World Cup.

Sports lotteries of the guessing type usually see a huge sales increase in World Cup years. During the 2010 event, sales of such lottery types in China hit four billion yuan ($648 million), up 500 percent year on year and 400 percent on month, according to Huatai Securities.

As more than 600 million Chinese now have access to the Internet, lottery businesses are also expecting big profits from online sales.

Chinese lotteries to score during World Cup
China's lottery sales rise 10% 

Chinese lotteries to score during World Cup
7 amazing ways to mark World Cup 
"We estimate that the World Cup will boost our sales of Internet-based sports lotteries by at least 70 percent," said an executive of 500.com, the New York-listed Chinese firm that was the first to provide online lottery services in China.

The forecast is conservative compared to others. Huatai Securities predicted that online sales of sports lotteries of the guessing type will surge by 150 percent in 2014. In 2010, sales of such lottery tickets increased by 102 percent, said the securities firm.

According to official data, China's total lottery sales, including welfare and sports lotteries, rose 18.3 percent year on year to nearly 310 billion yuan in 2013. Online lottery sales hit 42 billion yuan, accounting for 13.58 percent of the total.

The surge of online lottery business is attracting growing investor interest in equity acquisitions of Internet-based lottery firms or cooperation with them.

To gain a slice of the cake, companies in the sector are seeking niches, including physical stores, online service and mobile Internet service, noted a report by the Shanghai Securities News on Wednesday.

But for strong competitors such as 500.com, it is acting even faster in both marketing and cooperation with a range of companies, including Yaoji Poker, China Mobile, and Geeya, a digital TV service provider.

The firm is offering a total jackpot of 100 million yuan for participants who can successfully predict the results of 63 World Cup matches.

Despite the rosy prospects, access to Internet-based lottery business is still strictly regulated by the government, with only two companies eligible to sell lotteries online.

Hot Topics

Editor's Picks
...
...
洪雅县| 沛县| 白城市| 明水县| 大荔县| 岗巴县| 广丰县| 沧源| 安义县| 叙永县| 唐海县| 彭水| 辽阳市| 烟台市| 佛山市| 枣阳市| 衡阳市| 普兰县| 平果县| 武汉市| 佳木斯市| 开鲁县| 赞皇县| 新源县| 合山市| 芜湖县| 广南县| 商丘市| 昌黎县| 柘城县| 宜宾县| 成安县| 清徐县| 凤翔县| 巴林右旗| 嫩江县| 迁西县| 宾阳县| 虎林市| 舟曲县| 武宁县|