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 68-Fold Difference In Lotto Jackpot
Value
KOREA (October 26, 2009) -- The difference between
the highest and lowest amount of fortune taken home by the top lottery jackpot
winners between the first and 334th lottery rounds was found to be 68 fold,
government data showed yesterday....................Subscribers
Millions of Lottery
Winners Fail to Collect Prize Money
KOREA (October 14,
2009) -- Some W200.9 billion in Lotto prize money has gone unclaimed over the
past five years, and seventeen jackpot winners have failed to claim their
winnings, despite beating odds of one in 8.14 million...................Subscribers
Korean Lottery
Operations Up 7% From the Same Period of Last Year
SEOUL,
Korea (September 22, 2009) -- Korean lotto sales are up since November.
According to the news service some W44 billion worth of tickets
are..................Subscribers
Lottery profit tops
W500b in H1
SEOUL, Korea (September 11, 2009) -- The
government posted a profit of 500 billion won ($400 million) from its lottery
business in the first half of this year................Subscribers
State Auditor Says
Lotto's Draw System Not Manipulated
KOREA (July 15, 2009)
-- The state auditor said Wednesday it found no evidence supporting allegations
that the lucky draw system for the “Lotto'' lottery was manipulated
or error prone..................Subscribers
Koreans Spent 0.36% of
GDP on Lotteries Last Year
KOREA (July 10, 2009) -- Koreans
spent $3.4 billion, or 0.36 percent of gross domestic product (GDP) on the
lottery last year, according to statistics from the Ministry of Strategy and
Finance..................Subscribers
S
Korean Lottery Sales Up 12 pct in Q1
SEOUL, South Korea
(April 4, 2009) -- Lottery sales in South Korea jumped twelve (12%) percent
during the first quarter from a year earlier amid a protracted economic
slump................Subscribers
When
the Going Gets Tough, Lottery Sales Get Going
SEOUL, Korea
(March 16, 2009) – The economic downturn and falling value of the local
currency are having different effects on the Korea's casino, racing and lottery
industries, according to figures released by the Ministry of Strategy and
Finance and the National Statistical Office (NSO)................Subscribers
Gambling Thriving Amid Economic Slump; Korean Lottery Ticket
Sales Show A Steep Rise
SEOUL, Korea (December 12, 2008) --
A lottery ticket shop in Sangye-dong, northern Seoul, is reported to be flooded
with customers everyday. The store, which has produced an unprecedented 10
first-prize lotto winners so far.....................Subscribers
Lottery Sales Soar as
Crisis Bites
KOREA (December 9, 2008) -- Lotto sales are up
since November. As people dream of the jackpot in difficult economic times some
W44 billion worth of tickets are selling nationwide, a 7 percent jump from the
same period of last year.
Sportstoto's revenues from its foreign sports
lottery sales have increased a whopping 48 percent from last year.
Lottery Commission
Recalls Instant Tickets Because of Printing Error
SEOUL,
South Korea (September 26, 2006) -- Ecstasy turned to agony for a South
Korean lottery winner when he presented a winning ticket only to be told he
could not claim the prize of $1-million because of a printing
mistake........................Subscribers
Japanese Gaming Machine
Makers Move Into South Korean Market
SEOUL, South Korea
(August 31, 2006) -- Japanese video gambling machine makers are boosting
operations in South Korea, according to a local industry
sources...............Subscribers
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