Why the lottery is now off the market

The reason for the suspension of sales is that Internet lotteries are growing too fast, and there is also the fact that the lottery administration does not yet have a good way to regulate to Internet lotteries.

In 2014, the size of the domestic Internet lottery market had reached 85 billion yuan, involving a number of listed companies. After the industry-wide "stop selling", the future development of this huge industry is still in doubt.

In the capital market, there are currently more than 20 lottery concept stocks, including the U.S.-listed 500 Lottery, A-share Hongbo shares, Annie shares, Yao Ji Poker, Hong Kong shares of the Huacai Holdings, Zongcai shares, the first video, etc., the uncertain regulatory thinking, but also allows many investors to enter a "policy gambling game".

The Internet has become a major player in the Internet market.

Internet lottery sales do not have a perfect, supporting sales system.

Specifically, the lottery center has an independent system in each province, and at the same time has an electronic interface, the website can directly access the system, without the need to issue tickets. The lottery center belongs to the whole network system, no electronic interface, is currently building a set of network "big system", but the system has not completed the relevant debugging work.

Currently, the website that cooperates with the lottery can only issue tickets through the lottery terminal with simulation function and print paper tickets. The problem of "private dealers" can be solved through technology, management and standardization.

Reference: People's Daily Online - Reasons for the suspension of Internet lottery sales to be solved System imperfections give space to "black lottery"