Betting is big business in China
China’s lottery could topple those of the United States and become the world’s first hundred billion dollar lottery, according to China Center for Lottery Studies at Peking University. It has the potential to grow more than tenfold from its current level of $15 billion sales with more than 100 million players to one worth $150 billion. Wang Xuehong, executive director of the China Center for Lottery Studies and a senior research fellow, Ministry of Finance, said the China Lottery has huge potential for growth, if it could capture some of the illicit gaming market. 
Last year, China’s lottery amassed revenues of just $15.6 billion (105.1 billion yuan), compared to an estimated $45 billion (300 billion yuan) spent on illegal lotteries and around $150 billion (1.03 trillion yuan) spent in total on illegal forms of betting. It is estimated that only 18 percent of China’s 1.3 billion people have ever played the lottery and the fact that there are 500 million mobile phone users in China would considerably widen the access. China issued the first license for a welfare lottery in 1987 and a second one for sports in 1994. Things are going to change!! Regards ixgames.com