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China’s Lottery Market Reaches $90 Billion, But Growth Slows in 2025

February 4, 2026 0

In 2025, China’s lottery sales hit a new record, totaling nearly 628 billion yuan (about $90 billion). While this represents a 0.7%...

China online retailer Alibaba makes big gambling moves in lottery and poker

Lars Jones

China Lottery Mergers, Acquisitions & Partnerships Fantasy eSports

March 8, 2016 0

Alibaba Group Holding Ltd. and affiliates are reported to be investing HK$2.39 billion ($308 million) to gain about 59% control of AGTech Holdings Ltd....

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China’s Lottery Market Reaches $90 Billion, But Growth Slows in 2025

China online retailer Alibaba makes big gambling moves in lottery and poker

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