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Taiwan 'Public-Interest' Lottery

Address: Chinatrust Financial Holding Co., Ltd.
Postal/Postboks Address: 18th/F 3 Sung Shou Rd., Taipei , Taiwan
Internet: http://www.chinatrustgroup.com.tw
E-mail Address: N/A
Phone: 886 02 2722 2002
Fax: 886 02 2723 9343
Population: 23,036,087 (Est. 2006)
A/ Chairman of the Board: Chang Ruu-tian
Year Lottery Founded: 2002
Sales FY 2005:
Sales FY 2006:
NT$71.88 billion (US$2.2 billion)
NT$69.6 billion
Number of Employees: N/A
On-line Vendor: INTRALOT
Internet Gaming System: N/A
Instant Ticket Vendor: Pollard Banknote
ITVMs: N/A
Games Offered: Passive -- Instants -- Online Lotto (6/42)
Beneficiaries: Disadvantage Groups
Jurisdiction: Taiwan

Taiwan Lottery Company (TLC)
Operators of Taiwan 'Public-Interest' Lottery



Lottery News 2008

Invoice Lottery To Add Two Grand Prizes To Draw
TAIPEI, Taiwan (September 4, 2008) -- The Taxation Agency under the Ministry of Finance announced yesterday that it will add two more grand prizes to the bi-monthly uniform invoice lottery, beginning from.................Subscribers

Lottery Retailers Want Online Betting
TAIPEI, Taiwan (Friday, March 7, 2008) -- Dozens of lottery retailers in Kaohsiung staged a protest in the southern port city on Wednesday, demanding the right to offer ‘online betting’ once the island's sports lottery goes on sale................Subscribers

Taiwan POS Maker Firich Looks to Sports Lottery Market in China
TAIPEI, Taiwan (March 3, 2008) -- Firich Enterprises, a Taiwan-based maker of POS (point of sale) equipment/devices, will supply sports lottery machines and peripheral hardware to China-based Beijing Telenet Information Technology (TIT) on a strategic-alliance basis.............Subscribers

Taiwan Lottery to Boost Super Lotto Jackpot as Part of its Lunar New Year Promotion
TAIPEI, Taiwan (February 6, 2008) -- Taiwan Lottery Co announced yesterday that it would add an extra NT$200 million (US$6.24 million) to the Super Lotto jackpot tomorrow as part of its Lunar New Year promotion.................Subscribers

Activists Claim Sports Lotteries Will Hurt Welfare Programs
TAIPEI, Taiwan (January 30, 2008) -- Advocates of social welfare programs have urged the Sports Affairs Council (SAC) to establish a law to regulate the issuance of sports lotteries....................Subscribers

Lottery Created 31 Billionaires Last Year, Operator Says
TAIPEI, Taiwan (January 12, 2008) -- The nation's computerized Public Welfare Lottery created 31 billionaires and 61 millionaires last year, the lottery's operator said on Thursday..............Subscribers

Taiwan Gaming Machine Maker Astro to Set Up Animation Art Design Center in China
TAIPEI, Taiwan (January 9, 2008) -- Astro, a Taiwan-based developer of arcade/casino gaming machines, will invest US$3 million to establish a subsidiary in Xiamen, southeastern China..........Subscribers

CTCB May Miss Last Year's Lottery Sales Target
TAIPEI, Taiwan (January 5, 2008) -- Sales of Public Welfare Lottery tickets were estimated to be NT$64 billion (US$1.97 billion) last year, lottery operator China Trust Commercial Bank said yesterday................Subscribers

Lottery News 2007

Cabinet Approves Amendment to the Statute for Public Welfare Lotteries
TAIPEI, Taiwan (December 6, 2007) -- The Cabinet approved an amendment to the Statute for Public Welfare Lotteries yesterday that stipulates 80 percent of the surplus money made from the sports lottery should be designated for hosting international sports competitions and developing physical activity..................Subscribers

NTUST Opens Lottery, Gaming Research Center
TAIPEI, Taiwan (November 30, 2007) -- The National Taiwan University of Science and Technology (NTUST) established yesterday the first Institute for the Study of Gambling and Commercial Gaming in Taiwan to conduct the research on the thriving gaming business..............Subscribers

Five Share Second-Highest Jackpot Ever Seen in Local Lottery History
TAIPEI, Taiwan (December 5, 2007) -- A grand prize of up to NT$1.27 billion in the Big Lotto last night was jointly shared by five lucky winners, with each winning NT$254.9 million, according to Taiwan Lottery Co.................Subscribers

Taiwan Government to Put Opening of Casino Industry on Hold
TAIPEI, Taiwan (October 9, 2007) -- The government will not open up the casino industry for the moment due to the absence of relevant legal framework and a lack of public consensus..............Subscribers

Public Welfare Lottery Profits Reach Nearly NT$10 Billion in Eight Months
TAIPEI, Taiwan (October 8, 2007) -- As reported Taiwan Lottery Co. (TLC) announced that aggregate profits earned from the issuance of public welfare lottery tickets ran close to NT$10 billion in the first eight months of the year................Subscribers

Sports Lotteries to Go Head-to-Head with Public Welfare Lottery
TAIWAN (September 26, 2007) -- Statistics released by the Ministry of Finance show that in the first quarter of 2007, registered sales of lottery tickets were NT$14.16 billion, down from NT$16.56 billion a year ago.......Subscribers

Taiwan-Based Manufacturer to Expand Production Capacity in China
TAIPEI, Taiwan (September 10, 2007) -- ICP Electronics, a Taiwan-based manufacturer of industrial PCs (IPCs), will expand the production capacity of Armorlink SH Corporation, its subsidiary.........Subscribers

Gambling Prospects to be Examined at Taipei Summit
TAIPEI, Taiwan (Aug 23, 2007) -- The Taiwan Gambling & Entertainment Summit 2007 is scheduled to be held in Taipei City on Monday with the aim of examining ..........Subscribers

CPBL Scandal Will Not Affect Lottery Plan
TAIPEI, Taiwan (August 28, 2007) -- A recent scandal involving five professional baseball players who allegedly rigged games in the Chinese Professional Baseball League (CPBL) will not affect ...........Subscribers

Bidders Set Sights on Second Phase of Lottery
KOREA (July 10, 2007) -- The first phase of the Lotto business managed by Kookmin Bank and the Korea Lottery Service for the past five years will end ............Subscribers

POS Maker Firich to Invest in Singapore-Listed LottVision for China Market of Lottery Machines
TAIPEI, Taiwan (July 5, 2007) -- Firich Enterprises, a Taiwan-based maker of POS (point of sale) equipment/devices, on July 4 announced the signing of ..........Subscribers

Sports Lottery Moves Forward
TAIPEI, Taiwan (June 1, 2007) -- The Ministry of Finance is expected to select the issuing bank for the much-anticipated sports lottery by September 10, while the lotto operations should be launched by April 15 next year..........Subscribers

Taiwan Lottery Co Releases Statistics on Lottery Winners
TAIPEI, Taiwan (May 24, 2007) -- Since the Taiwan Lottery Co started issuing lottery tickets on January 1, it has created........Subscribers

Finance Ministry to Announce Request for Proposals for Sports Lottery
TAIPEI, Taiwan (April 30, 2007) -- The Ministry of Finance (MoF) is scheduled to sit down with four banks interested in issuing sports lottery tickets on Wednesday in preparation..........Subscribers

Lottery Company President Resigns
TAIPEI, Taiwan (Apr 14, 2007) -- Taiwan Lottery Company president Chang Ruu-tian has reportedly resigned amid complaints that.........Subscribers

New Lottery Operator Promises to Smooth Out Initial Teething Problems
TAIPEI, Taiwan (January 3, 2007) -- Taiwan Lottery, a subsidiary of Chinatrust Financial Holding Co, took over from Taipei Fubon Bank as the nation's exclusive Public Welfare Lottery issuer and started lotto operations............Subscribers

Operator Unveils New Lottery Games and a New Method of Announcing Results
TAIPEI, Taiwan (January 2, 2007) -- Taiwan Lottery Co.is reported to have officially taken over the administration and operation of Taiwan's public welfare lotteries yesterday........Subscribers

Lottery Prepares for Change Over
TAIPEI, Taiwan (January 1, 2007) – Taiwan Lottery Co.officially took over the administration and operation of Taiwan's public welfare lotteries on News Years Day...........Subscribers

Lottery News 2006

Lottery Announce a Longer Rollover Period and a New Scratch Card Game Designed to Attract a New Demographic Of Players
TAIPEI, Taiwan (November 30, 2006) -- Taiwan Lottery Co. has announced a longer rollover period and a new scratch card game designed to attract a new demographic of players................................Subscribers

Lottery Company Names Acting Chairman
TAIPEI, Taiwan (October 20, 2006) -- Taiwan Lottery Company, a subsidiary of Chinatrust Commercial Bank, decided yesterday afternoon that president Chang Ruu-tian would serve as acting chairman after chairman.......................Subscribers

Parties Meet to Resolve "Unreasonable Regulations” for Lotto Retailers
TAIPEI, Taiwan (September 6, 2006) -- The Ministry of Finance, Chinatrust Commercial Bank and lottery agency representatives will reportedly meet tomorrow to resolve a dispute that has been brewing for months...........Subscribers

Officials Criticize Bank Over ‘Unreasonable’ Lotto Regulations
TAIPEI, Taiwan (September 6, 2006) -- The Ministry of Finance yesterday called on Chinatrust Commercial Bank, which has won the exclusive right to issue public lotteries starting next year, to adjust some of the............Subscribers

Taiwan Lottery Chooses Sybase BI Solutions to Manage The Complexity Behind Tough Business Decisions
HONG KONG (July 18, 2006) -- Sybase, Inc. (NYSE: SY), a leading provider of enterprise infrastructure and mobile software, announced that several leading Asia Pacific companies have recently chosen Sybase ........................Subscribers

New Lottery Operator Lists Selection Process for Lotto Agencies
TAIPEI, Taiwan (May 5, 2006) -- Chinatrust Commercial Bank, which won the exclusive right to issue public lotteries starting next year.........................Subscribers

Chinatrust Selects Vendor for Taiwan’s Online Lottery Contract
WEST GREENWICH, Rhode Island (April 20, 2006) -- GTECH Holdings Corporation (NYSE: GTK) was notified by Chinatrust Commercial Bank Co., Ltd, the new license holder for the Public Welfare Lottery of Taiwan, that it has selected......................Subscribers

INTRALOT Expands Its Presence in Asia by Obtaining a Seven Year Project with ChinaTrust Commercial Bank
ATHENS, Greece (April 18, 2006) -- INTRALOT, through a joint venture, has been selected as the preferred bidder of ChinaTrust Commercial Bank in Taiwan...........................Read the full story at: Vol.35 No.3

New Lottery Ticket to Raise Funds for Global Sport Events
TAIPEI, Taiwan (February 23, 2006) -- A new kind of lottery ticket to raise funds to sponsor international sports events will reportedly be issued next year ..........................Subscribers

Lottery Players Losing Enthusiasm
TAIPEI, Taiwan (February 17, 2006) – Taiwan’s enthusiasm for lotteries reportedly eased last year when players spent only NT$71.88 billion (US$2.2 billion) on lotto tickets, the lowest amount over the past four years.................................Subscribers

Lottery Sales Hit New Low Last Year
TAIPEI, Taiwan (February 16, 2006) -- Public-Interest Lottery sales totaled NT$71.89 billion in 2005, the lowest on record since the inauguration of the computerized lottery in 2002.............................Subscribers

Lottery News 2005

Chinatrust Bank Outbids Three Rivals for Taiwan's 'Public-Interest' Lottery
TAIPEI, Taiwan (December 22, 2005) – As Lottery Insider reported yesterday the Chinatrust Commercial Bank has won the right to run the country's 'Public-Interest' Lottery.......................Subscribers

Chinatrust Financial Unit Wins Bid to Run Taiwan Lottery
TAIWAN (December 22, 2005) -- The banking unit of Chinatrust Financial Holding Co. has reportedly won the right to run lotteries in Taiwan from 2007 after making a NT$2 billion bid for yearly contributions to the government..........................Subscribers

Management of Lottery Money Criticised
TAIPEI, Taiwan (September 26, 2005) -- Five years after public welfare lottery surpluses were given to local governments to use for social welfare, the Taipei City Government held its first public hearing on how to use the funds.........................Subscribers

Proposed Sports Lottery to Focus on International Events
TAIPEI, Taiwan (August 4, 2005) --  A sports lottery, scheduled to begin next year, will first focus on international sporting events and then expand to local competitions to lessen the chances of gambling fraud.................................Subscribers

Premier Not Opposed to National Sports Lottery
TAIPEI, Taiwan (July 28, 2005) -- Premier Frank Hsieh is not opposed to starting a national sports lottery separate from the current charitable ones..........................Subscribers

Lotto Buyers Form Syndicates as Jackpot Reaches Record High
TAIPEI, Taiwan (April 27, 2005) – Taiwan’s national lotto jackpot could reportedly hit a record NT$1.1 billion, while some media reports claim it could go as high as NT$2.1 billion today........................Subscribers

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