Beijing to introduce new lottery system
11 January 2008
China's government plans to roll out a new lottery network following this year's Spring Festival holiday in February, the Financial Times reported. The country is set to become the world's second-largest lottery market, after the US, by 2010. Chinese lottery revenues increased by 22% to more than US$13.8 billion in 2007 on the back of a new network of video lottery terminals. The initial roll-out of the new network, based on keno, a bingo-like game, will see 2,000 terminals set up in eight provinces, with another 2,000 to follow later.
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