Online Lottery Market in China 2016-2020 - Product Image

Online Lottery Market in China 2016-2020

  • ID: 3802156
  • Report
  • Region: China
  • 53 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • 310Win
  • 360 Lottery
  • 500com
  • Baidu Lottery
  • Lottery 365
  • NetEase lottery
  • MORE
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.

The analysts forecast the online lottery market in China to grow at a CAGR of 4.53% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the online lottery market in China for 2016-2020. To calculate the market size, the analyst 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

The report, Online Lottery Market in China 2016-2020, 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 drivers
- Revenue contribution in the form of tax
- For a full, detailed list, view the full report

Market challenges
- Low penetration of online lottery among low-income group
- For a full, detailed list, view the full report

Market trends
- Introduction of new types of lottery
- For a full, detailed list, view the full 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • 310Win
  • 360 Lottery
  • 500com
  • Baidu Lottery
  • Lottery 365
  • NetEase lottery
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Base year
  • Vendor segmentation
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Online lottery market in China by type
  • Online welfare lottery market in China
  • Online sports lottery market in China
PART 07: Market attractiveness by product

PART 08: Comparison analysis
  • Segment comparison analysis
PART 09: Market segmentation by product
  • Online lottery market in China by product
  • Online lotto market in China
  • Online sports lottery market in China
  • Online VLT lottery market in China
  • Online lottery market in China by scratch card
PART 10: Market attractiveness by product

PART 11: Comparison analysis
  • Segment comparison analysis
PART 12: Market segmentation by device
  • Online lottery market in China by device
  • Online lottery market in China by mobile
  • Online lottery market in China by desktop
PART 13: Market attractiveness by device

PART 14: Comparison analysis
  • Segment comparison analysis
PART 15: Buying criterion

PART 16: Market drivers

PART 17: Impact of drivers

PART 18: Market challenges

PART 19: Impact of drivers and challenges

PART 20: Market trends

PART 21: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 22: Appendix
  • List of abbreviations
PART 23: About the Author

List of Exhibits
Exhibit 01: Market segmentation of online lottery market
Exhibit 02: Online lottery market in China 2015-2020 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Online lottery market in China by type 2015 and 2020
Exhibit 05: Online welfare lottery market in China 2015-2020 ($ billions)
Exhibit 06: Chinese welfare lottery prize structure
Exhibit 07: Online sports lottery market in China 2015-2020 ($ billions)
Exhibit 08: Market attractiveness of online lottery market in China by product
Exhibit 09: Online lottery market segmentation by type 2015-2020 ($ billions)
Exhibit 10: Online lottery market in China by product in 2015 and 2020
Exhibit 11: Online lotto market in China 2015-2020 ($ billions)
Exhibit 12: Market share of high-frequency games and traditional lottery games 2015
Exhibit 13: Online sports lottery market in China 2015-2020 ($ billions)
Exhibit 14: Market share of traditional sports betting and single-match betting 2015
Exhibit 15: Online VLT lottery market in China 2015-2020 ($ billions)
Exhibit 16: Online lottery market in China by scratch card 2015-2020 ($ millions)
Exhibit 17: Market attractiveness of online lottery market in China by product
Exhibit 18: Online lottery market segmentation by device 2015-2020 ($ billions)
Exhibit 19: Online lottery market in China by device 2015
Exhibit 20: Online lottery market in China by device 2020
Exhibit 21: Online lottery market in China by mobile 2015-2020 ($ billions)
Exhibit 22: Shipment of smart devices in China 2012-2016 (millions of units)
Exhibit 23: Online lottery market in China by desktops 2015-2020 ($ billions)
Exhibit 24: Market attractiveness of online lottery market in China by device
Exhibit 25: Online lottery market segmentation by device 2015-2020 ($ billions)
Exhibit 26: Impact of drivers
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Leading vendors in Chinese online lottery market 2014 (% share)
Exhibit 30: Other prominent vendors in the Chinese online lottery market
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • 310Win
  • 360 Lottery
  • 500com
  • Baidu Lottery
  • Lottery 365
  • NetEase lottery
  • MORE
New Report Released: – Online Lottery Market in China 2016-2020

The author of the report recognizes the following companies as the key players in the online lottery market in China: Lottery 365, Taobao lottery, QQ Lottery, NetEase lottery, 500.com, and Sporttery.

Other Prominent Vendors in the market are: 310Win, 360 Lottery, Baidu Lottery, and SINA Lottery.

Commenting on the report, an analyst from the research team said: “One of the key trends for the market will be introduction of new types of lottery. Lotteries are available in various forms, ranging from schemes for maximum monetary benefits to charitable funds. China Welfare Lottery and China Sports Lottery are the only two legalized lottery operators in the country. China Welfare Lottery deals with raising fund for charity and societal welfare, whereas funds raised by China Sports Lottery are used for building community sports facilities. The sports segment made huge profits in2014. Once the ban is lifted, it is expected to introduce more innovative lottery options to attract buyers.”

According to the report, revenue contribution in the form of tax is encouraged by the government which will be a key driver for market growth. The government of China encourages lottery sales to earn premium tax amounts from the player's painless revenue. The lottery market of the country has a huge consumer base, who buy the ticket for a minimal amount. This amount is a part of their disposable income after taxes. Lottery organizers collect this amount for the prize money to give to the winner and converts disposable income into taxable income, which is further used by the government for various social activities.

Further, the report states that one of the challenges for the market will be high tax imposed by the government. High taxes and duties on licensees to conduct legal gambling activities are expected to affect the lottery market during the forecast period. The government increased the tax from 20% to 25% in its March 2014 budget. Also, the recent ban on online lottery resulted in the closing of many online lottery service providers. There are high chances that stringent tax regulations will be implemented by the government when they reopen the online lottery service for all the vendors. This will adversely affect the revenue during the forecast period and will also prevent new players from entering the market

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- Lottery 365
- Taobao lottery
- QQ Lottery
- NetEase lottery
- 500com
- Sporttery
- 310Win
- 360 Lottery
- Baidu Lottery
- SINA Lottery
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll