The lottery industry in China has experienced a six-month decline in revenue, leading officials to pursue alleged criminals.

Data from the Finance Ministry reveals that in November, overall lottery purchases plummeted by 10.2%, reaching 30.6 billion yuan (equivalent to $4.6 billion USD). As per local news sources, sales for welfare and athletic lotteries decreased by 6.6% and 14.4% correspondingly. Experts attribute this downturn to a confluence of elements, including the halt of internet-based sales and a generally weak financial climate.

Further exacerbating the situation, the Ministry of Public Security recently dismantled a large-scale international lottery scheme. The operation, which focused on deceptive online lottery platforms, apprehended 470 individuals. This specific syndicate is suspected of defrauding over 1,000 victims of 200 million yuan (approximately $32 million USD). Authorities shut down three operational centers across China and Laos, confiscating over 500 cell phones, 400 computers, and four vehicles in Laos alone. With the majority of suspects originating from the Fujian province, 300 were extradited under police custody for prosecution. The remaining 170 suspects are being processed by authorities in Xishuangbanna. This bust is part of a broader crackdown – Chinese law enforcement reports uncovering over 16,700 comparable cases, leading to the apprehension of 5,825 individuals and the dismantlement of 927 criminal organizations.

Author of this blog

By Avery "Azure" Evans

With a Bachelor's degree in Statistics and a Master's in Sports Management, this skilled author has a passion for leveraging data analytics to improve performance and fan engagement in the sports betting industry. They have expertise in sports analytics, odds calculation, and customer segmentation, which they apply to the development of betting products and marketing strategies. Their articles and reviews provide readers with insights into the latest trends and innovations in sports betting and the strategies used to promote responsible gambling and enhance the fan experience.

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