China’s sports lottery sales spike on Euro 2016 wagers

China’s lottery sales enjoyed a double-digit bump in June thanks mainly to excitement generated by the Euro 2016 football tournament.

Figures released Wednesday by China’s Ministry of Finance show overall lottery sales of just under RMB 34b (US $5.1b) in the month of June, up nearly 21% over the same month last year. Welfare lottery sales were up 1.2% to RMB 16.4b while sports lottery sales jumped 47.2% to RMB 17.6b.

For the six months ending June 30, China’s overall lottery market posted a 3.5% year-on-year rise to RMB 194.2b ($29.3b). As with June’s figures, the gains are entirely driven by the sports lottery, which was up 8.4% to just under RMB 92b, while welfare lottery sales declined 0.5% to RMB 102.3b.

June’s sports lottery jump was smaller than the 83% rise in sales during the first half of the 2014 FIFA World Cup. However, that tournament preceded China’s ‘temporary’ suspension of online lottery sales, which has now lasted 16 months.