Online Lottery Market in China 2017-2020
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| Online Lottery |
Albany, New York, Apr 19, 2017
"Online
Lottery Market in China 2017-2020"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
– About
Online Lottery in China
Although online lottery is banned and stringent regulations have been imposed during the pilot run, it is one of the major sources of revenue for the government. Especially the lottery segment accounts for one the major revenue contributing segments in the overall gambling market in the country. Some of the major benefits of easing regulations on sports lottery include; higher tax on vendors to generate revenue, contribution toward societal welfare. Legalizing of lottery further creates job opportunities in the country. The shift in lottery regulations has also opened up opportunities for gamblers to participate in gambling in any part of the world through online platforms, except in those countries where the online lottery is banned.
Although online lottery is banned and stringent regulations have been imposed during the pilot run, it is one of the major sources of revenue for the government. Especially the lottery segment accounts for one the major revenue contributing segments in the overall gambling market in the country. Some of the major benefits of easing regulations on sports lottery include; higher tax on vendors to generate revenue, contribution toward societal welfare. Legalizing of lottery further creates job opportunities in the country. The shift in lottery regulations has also opened up opportunities for gamblers to participate in gambling in any part of the world through online platforms, except in those countries where the online lottery is banned.
**
Technavios analysts forecast the online lottery market in China to
grow at a CAGR of 4.53% during the period 2017-2020.
– Covered in this report
The report covers the present scenario and the growth prospects of the online lottery market in China for 2017-2020. To calculate the market size, Technavio considers the revenue generated from online sales of the lottery.
– The market is divided into the following segments based on types:
Welfare lottery
Sports Lottery
Technavio's report, Online Lottery Market in China 2017-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
– Key vendors
Lottery 365
Taobao Lottery
QQ Lottery
NetEase Lottery
500.com
Sporttery
– Other prominent vendors
310Win
360 Lottery
500.com
Baidu Lottery
SINA Lottery
– Market driver
Revenue contribution in the form of tax
For a full, detailed list, view our report
– Market challenge
Low penetration of online lottery among low-income group
For a full, detailed list, view our report
– Market trend
Introduction of new types of lottery
For a full, detailed list, view our report
– Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
– Covered in this report
The report covers the present scenario and the growth prospects of the online lottery market in China for 2017-2020. To calculate the market size, Technavio considers the revenue generated from online sales of the lottery.
– The market is divided into the following segments based on types:
Welfare lottery
Sports Lottery
Technavio's report, Online Lottery Market in China 2017-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
– Key vendors
Lottery 365
Taobao Lottery
QQ Lottery
NetEase Lottery
500.com
Sporttery
– Other prominent vendors
310Win
360 Lottery
500.com
Baidu Lottery
SINA Lottery
– Market driver
Revenue contribution in the form of tax
For a full, detailed list, view our report
– Market challenge
Low penetration of online lottery among low-income group
For a full, detailed list, view our report
– Market trend
Introduction of new types of lottery
For a full, detailed list, view our report
– Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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