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TagResults 1 - 10 of 17 for china. (0.02 seconds)

China's lottery now operating at 2/3 capacity of pre-virus shutdown
China's state-run lottery operations are now working at about two-thirds of their capacity before they were shut down due to the COVID-19 pandemic. On Thursday, China's National Sports Lottery Center issued an update on the progress made since March 11, when the authorities gave the okay to resume operations following the unprecedented 49-day shutdown prompted by the coronavirus crisis. The notice said that over 110k sports lottery terminals had resumed operations as of March 17, represent ...
Mar 20, 2020, 8:00 am - Lottery News forum

China lottery corruption probe sparks online outrage
China's government is attempting to downplay social media rumors that lottery administrators have embezzled nearly $20 billion from lottery proceeds. On Tuesday, the South China Morning Post reported on the frantic efforts by Beijing authorities to refute social media chatter that around RMB136b (US$19.5b) had been embezzled by corrupt lottery administrators. A popular meme blames this corruption for the inability of the average citizen to win a sizable lottery prize. The meme has its orig ...
Nov 14, 2018, 9:41 am - Lottery News forum

China probes yet another lottery official suspected of corruption
Try as it might, China's sole form of legal gambling simply can't escape allegations of corruption committed by the officials in charge. This week, China's Ministry of Civil Affairs announced that Wang Suying, the former director of the China Welfare Lottery Issuance Management Center, was under investigation by the ministry's disciplinary inspection and supervisory departments for what was described as serious violations of the [Communist] Party discipline. The 57-year-old Wang began wor ...
Sep 15, 2018, 8:24 pm - Lottery News forum

Chinese man lives rough for 10 years to 'crack lottery code'
A man has been living rough under a road bridge in southwest China for 10 years, saying he will not go home until he has cracked how to win the lottery and written books about it, according to a newspaper report. Wang Chengzhou, 49, lives under a road intersection in Chongqing and spends most of his time researching, the Chengdu Commercial Daily reported. He makes ends meet by doing part-time jobs, such as for the post office, but his obsession is research on the lottery, according to the ...
Jan 22, 2018, 9:05 am - Lottery News forum

Chinese lottery officials accused of corruption
Two top officials previously in charge of China's official state lottery have been stripped of their positions on suspicion of taking bribes, China's top graft watchdog said late on Sunday. Since assuming power in late 2012, President Xi Jinping has pursued a relentless campaign against corruption, warning that the problem could threaten the party's ability to retain power if left unchecked. Former head of the China Welfare Lottery Management Center, Bao Xuequan, and his former deputy, Wan ...
Aug 29, 2017, 9:48 am - Lottery News forum

Chinese media reports plans to restart online lottery sales
Chinese media is reporting that the government plans to restart its online lottery operations after ordering their suspension over a year ago. This weekend, the Economic Observer quoted an anonymous industry insider saying that Beijing authorities were preparing to authorize a trial of a new online lottery regime, but only after the government crafts the necessary regulations. The source offered no timeline for when these new regulations might be ready. Beijing ordered a 'temporary' suspen ...
Apr 17, 2016, 10:29 am - Lottery News forum

China reveals misuse of $2.7 billion in lottery funds
China has uncovered widespread misappropriation of 16.9 billion yuan (US$2.72 billion) of funds from its state lottery program, underscoring the extent of official corruption as the country tries to root out graft. Funds were misappropriated through the buying and building of office buildings and hotels or embezzled, the National Audit Office said in a report on its website. The state auditor said the irregularities accounted for a quarter of the total of lottery funds received in its 2012 ...
Jun 25, 2015, 8:12 am - Lottery News forum

China's beloved national lottery suspected of massive fraud
China loves its national lottery, but now some very suspicious goings-on with the game has ignited a scandal that's capturing the country's attention. As in most other places, the drawing for China's lottery the only form of gambling the government allows outside of Macau is televised nationally, conducted by the China Welfare Lottery Issuing and Management Center, an agency of the government. But something appears to have gone wrong Sunday night, when the drawing for a 50-billion-yuan ($8 ...
Jan 27, 2015, 10:03 am - Lottery News forum

Chinese lottery winner claims jackpot in bear costume
Includes video report To pick up his giant check worth 520 million yuan (US$84.8 million) in lottery winnings, a Shanxi man disguised himself in a silly cartoon bear costume yesterday morning, providing perhaps the most delightful-looking press conference of the year. The 520 million RMB issued by Shanxi province's welfare lottery is the third largest jackpot handed out in Chinese history (though not the highest handed to a bear). The winner said that he spent between 20,000 to 30,000 RMB ...
Oct 14, 2014, 7:08 pm - Lottery News forum

Confucius lottery tickets draw ire
Confucius, the ancient Chinese philosopher who prodded his fellow countrymen to seek their fortunes in a decent manner, would now find his portraits and sermons printed on lottery tickets, the only form of gambling allowed by the Chinese government. Late last month, lottery stands in east China's Shandong province began selling Confucius-themed tickets that carry a top prize of 300,000 yuan ($44,000). But the tickets have drawn ire from netizens and columnists who claim that putting Confuc ...
Feb 3, 2010, 8:57 am - Lottery News forum

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