(From GGR Asia)
China’s sports regulator is considering some kind of lottery-style product whereby football fans predict the outcome of games in the country’s domestic soccer leagues, reported Caixin, a mainland media outlet specialising in economic news.
The General Administration of Sport said in a plan for the 2016-20 period unveiled on Thursday that it would “actively study promoting a soccer lottery in which Chinese domestic soccer leagues will be the object of guessing” on the part of members of the public, reported the magazine.
hina’s existing sports lottery sales – including some products relating to soccer matches – declined 5.7% year-on-year in 2015, to 166.4 billion yuan, according to data released in February by the Ministry of Finance.
For many years Chinese domestic soccer was associated with match fixing and corruption, according to media reports.
A story by Bloomberg News in June last year noted that an anti-graft campaign targeting China’s soccer industry and initiated in 2009 – by the country’s now president, Xi Jinping, who is said to be a soccer fan – had largely been completed by 2012. Read More