Live Wire Reporter

Online Lottery Market in China to grow at a CAGR of 4.53% between 2016- 2020: Radiant Insights

Online Lottery Market in China to grow at a CAGR of 4.53% between 2016- 2020: Radiant Insights

Market Research Reports Industry
Radiant Insights has announced the addition of “Online Lottery Market in China 2016-2020” Market Research report to their database

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.

To Download Full Research Report of Online Lottery Market, Visit here http://www.radiantinsights.com/research/online-lottery-market-in-china-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, Radiant Insights 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

Online Lottery Market in China 2016-2020 Report 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

Browse All Reports of This Category @ http://www.radiantinsights.com/catalog/media

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 

Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/online-lottery-market-in-china-2016-2020/request-sample

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?

Read more related reports by Radiant Insights:

 

About Radiant Insights, Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: Send Email
Phone: (415) 349-0054, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: http://www.radiantinsights.com/research/online-lottery-market-in-china-2016-2020