Ministry Of Finance | World Casino News

China records disappointing 2019 lottery sales figures

February 18, 2020

Latest Casino and Gambling News, China, Gaming Industry News, Economy/Finance, Lottery

In China and 2019 reportedly saw aggregated nationwide sales for the country’s only pair of state-run lotteries drop by some 17.5% year-on-year to approximately ¥422.05 billion ($60.26 billion). According to...

Chinese lottery sales chalk up disappointing November

Adam Morgan

January 6, 2020

Latest Casino and Gambling News, China, Economy/Finance, Lottery

In China and November reportedly saw aggregated sales for the nation’s only pair of state-run lotteries drop by 11.6% year-on-year to reach approximately ¥37.77 billion ($5.41 billion). According to a report...

Japanese government postpones foreign player casino tax proposition

Adam Morgan

December 13, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Taxation

In Japan and the coalition government of Prime Minister Shinzo Abe has reportedly temporarily shelved a controversial proposal that would have required non-resident foreign players to pay a tax on cash prizes w...

Japanese government considering casino tax propositions

Adam Morgan

December 2, 2019

Latest Casino and Gambling News, Economy/Finance, Japan, Taxation

In Japan and the government of Prime Minister, Shinzo Abe, is reportedly considering a draft proposal that would excuse non-resident foreign players from having to pay tax on any cash prizes they may win in the...

Chinese lottery market continues to disappoint

Adam Morgan

November 27, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

Last month reportedly saw aggregate ticket sales for China’s pair of state-sponsored lottery games deteriorate by some 34.8% year-on-year to stand at slightly above ¥27.55 billion ($3.91 billion). According ...

China lottery sales figures continued their decline in July

Adam Morgan

September 3, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

July reportedly saw aggregated ticket sales in China for the nation’s pair of state-sponsored lottery games deteriorate by some 40.1% year-on-year to stand at slightly above ¥32.73 billion ($4.56 billion). A...

Chinese lotteries post disappointing May sales figures

Adam Morgan

June 27, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

Continuing a trend that began in February and aggregated sales for China’s pair of state-run lotteries reportedly fell by 12.7% year-on-year last month to stand at just over ¥35.5 billion ($5.1 billion). Pai...

Mainland China lottery sales see an 8.8 percent drop in February

K Morrison

April 2, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

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A departure from the previous two months, Mainland China, experienced an 8.8 percent drop in aggregated lottery sales, which came in at CNY23.41 billion (US$3.49 billion) for February 2019, when compared with t...

China reports boom in annual lottery sales

Adam Morgan

January 29, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

In China, last year reportedly saw aggregated lottery product sales increase by some 19.9% when compared with the previous twelve-month period to reach approximately ¥511.47 billion ($75.94 billion). Lucrati...

China’s lottery sales up 11 pct for November

K Morrison

December 27, 2018

Latest Casino and Gambling News, China, Lottery, Online Gambling News

In China, a rise in sports lottery sales reportedly helped overall lottery revenues from sales on the mainland for November increase by some 10.8% year-on-year to reach about CNY42.72 billion (US$6.20 billion)....

China posts substantial increase in lottery sales for July

Adam Morgan

September 21, 2018

Latest Casino and Gambling News, China, Economy/Finance, Lottery

In China, a sharp rise in the sale of tickets into the China Sports Lottery reportedly helped overall lottery revenues for July increase by some 61.9% year-on-year to reach $7.99 billion. Benefits from footb...

Mainland China’s April lottery sales approach $6.5 billion

K Morrison

May 31, 2018

Latest Casino and Gambling News, China, Lottery

Official lottery product sales in Mainland China for April increased by 9% from the same time last year while total sales for the month approached CNY41.71 billion (US$6.5 billion). Welfare lottery sales saw...

Ministry of Finance issues new regulations for Vietnam casinos

Adam Morgan

January 22, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Taxation, Vietnam

In Vietnam, the Ministry of Finance has reportedly issued new regulations that have been designed to ensure all of the nation’s casinos are run properly and correctly handle and record transactions for tax-coll...

Lottery sales in China up 12 percent in Nov

K Morrison

December 27, 2017

Latest Casino and Gambling News, China, Lottery

In mainland China, according to official data from the Ministry of Finance, November sales from official lottery products saw an 11.8 percent year-on-year spike to approximately CNY38.56 billion (US$5.89 billio...

Sept. lottery sales in China get a 15 percent boost from sport betting

K Morrison

October 30, 2017

Latest Casino and Gambling News, China, Lottery, Sports betting

According to China’s Ministry of Finance, total sales from official lottery products in Mainland China during the month of September increased by 15.1 percent from the same time last year to approximately CNY36...