Replies to post #2791 on XcelMobility Inc (XCLL)

[BADALI]

October will be really hot
Japan online lottery will
Be start and before that anytime China can take bold step and lift the ban on online lottery
.015 anytime now

[Monroe1]

This is the best unknown stock with the most potential. Spread the word. When the lottery online comes back it will absolutely go ballistic.

China Sports and Welfare lotteries have been big since the lead up to the World Cup of Football in Russia. Government knows lots of money on the table left behind by not having the ban lifted. The opportunity for the scum illegal lottery was too big so they had to operate during the games.. And the Govt. is taking this good opportunity to arrest these cheaters. I look for this lottery to go mobile again fairly soon now.

[Monroe1]

Is this big money or what! BY Steven Stradbrooke ON July 18, 2018

TAGs: 2018 fifa world cup, China, sports lottery

china-world-cup-sports-lottery-sales-recordChina’s 2018 FIFA World Cup sports lottery sales demolished previous records, despite fierce competition from unauthorized online gambling sites.

According to the Chinese government’s official sports lottery website, total sales throughout the World Cup hit RMB46.34b (US$6.9b), nearly quadruple the sum generated during the 2014 tournament. The result came in slightly below early estimates of a RMB50b tally, but it’s a staggering achievement, all the same.

The government said that payouts to sports lottery players totaled RMB33.8b, leaving the government with gross revenue of RMB8.34b ($1.24b) from the month-long tournament in Russia, funds that will go toward social welfare programs.

On July 15th, the date of the final match between France and Croatia, sports lottery sales hit a record high of RMB2.74b, while the highest single-day sales total in the 2014 tourney was a comparatively puny RMB874m. Average daily sales over the 2018 event were RMB1.4b, roughly what the sports lottery was earning per week prior to the event kicking off in June.

The 2018 sales total is all the more impressive given that Beijing was still tolerating online lottery sales during the 2014 tournament. The following year, Beijing imposed its infamously enduring ‘temporary’ suspension of online sales after audits revealed provincial lottery administrators weren’t reporting all online sales to the central government.