According to my Chinese friends, Lion dance is a Chinese New Year (CNY) tradition to attract prosperity. I had a chance to have a first hand experience to watch the lion dance routine in Mandarin Gallery, a high end mall in Singapore.
I was grinning like crazy when the “lion” gave me two mandarin oranges. From my own perspective, lion dance is somewhat similar to some practices of the Roman Catholic (RC). The only difference is that the lion dance is only done during CNY and for RC, the “dance” can be done anytime.

RC use the “holy water” to “bless” the newly built house, newly opened shop, new born baby, tomb of the people who passed away, etc. While the lion dance works in a similar manner and it is done during CNY.
What ya think?