Growth of Lottery Market
Lottery Market Perspectives
- The domestic lottery market went through the stage of growth to the KRW 1 tn market with the introduction of instant lottery and further expanded to the KRW 4 tn market with the issuance of online lottery (Lotto, '02). - It went through the adjustment period by falling to KRW 2~3 tn pursuant to the government's responsible gaming policy (price reduction and restriction of carryover, etc.) and then it entered the stabilization period based on the achievements of public interests marketing, which was performed when Nanum Lotto was selected as the entrusted business entity of online lottery. And following the integrated lottery first-period entrusted business entity (Nanum Lotto), the market is gradually and stably growing based on the efforts to increase the gaming responsibility and foundations.