Under
the measure, the government will introduce a 5 % cap on online sales and will
limit the amount that each player can buy online "due to concerns over
individual speculative drive.” Before buying Lotto online, players will also
need to undergo a confirmation process to check whether the buyer is an adult.
Lotto
tickets were introduced in 2002 and immediately gained high popularity. Last
year, lottery sales in South Korea hit its highest rate, thanks to the rising
demand for chance games in the country.
According to the Korea Lottery Commission, Lotto sales reached US$ 3.04
billion, or 3.55 billion tickets in 2016, up 9 % from the prior year period. A
lottery player in South Korea buys an average of 14.2 tickets every year, which
amounts to about once every four weeks, according to government data.
The Ministry of Strategy and Finance ran a survey in 2015, which showed that
more than half of the residents in South Korea, 56.5 %, bought a lottery ticket
at least once. Of the survey’s 1,000 respondents, more than 93 % said they
spend less than US$ 8.90 in buying a lottery ticket.
Source:
GMB / Calvinayre.com
