the overview of korea lottery

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Page 1: The overview of korea lottery
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The history of Korea LotteryKorea Lottery systemKorea Lottery MarketFunding Operations Vision

I.II.III.IV.V.

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1947

1949

1969

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1990

2002

2011

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1. The Overview Korea Lottery system

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The operation of Korea Lottery System The operation of Korea Lottery System

1. Korea Lottery Commission(KLC)2. Primary lottery operators3. Secondary lottery operators4. The national Gambling Control Commission

Korea Lottery Commission

Nanum Lotto co. Ltd

Secondary Lottery

Operators

The national Gambling Control

Commission

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2. The history of Korea Lottery Commission

• Korea Lottery Commission (1st April 2004): Unified various lottery funds from different government organizations to promote transparency and greater efficiency in the Korean Lottery Market

• - Under the jurisdiction of the Ministry Strategy and Finance

• Legal basis of the establishment of the Korea Lottery Commission

- Lottery and Lottery Fund Act, Article 13

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To Formulate Lottery PolicyTo Select types of Lottery Issuance, ticket Price and Total issue amountsTo Decide on Entrustment of Lottery issue operationsTo Allocate Lottery proceeds and Manage execution of the Lottery FundTo Create policies and plans for the management and Execution of Lottery FundTo Regulate Lottery Sales and Advertisement

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Introduction of Lotto in 2002- 3,528 million US$Implementation of the gaming Control Policy- Sales Volume decreasedSales have been increasing steadily since 2008- Launching pension Lottery in 2011

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Encrypted Security System

Dual process design to prevent lottery Sale Suspension

Independent operation Supervision system

High performance operation system 8,000 games per second in 15,000 stores at the same time

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Launching of high-tech on-line Lottery systemLaunching of high-tech on-line Lottery system

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StatutoryAllocations

(65 projects of 10 organizations)

Public Works(35 project)

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Support for Low–income children in Support for Low–income children in need of night time protective careneed of night time protective careBeneficiary : single-income working class couplesBeneficiary : single-income working class couples

Support for Korea Veterans WelfareSupport for Korea Veterans Welfareand Healthcareand HealthcareBeneficiary : The Veterans who are in Low levelBeneficiary : The Veterans who are in Low levelof incomeof income

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Housing Support programHousing Support programBeneficiary : Basic Livelihood Security RecipientsBeneficiary : Basic Livelihood Security Recipients

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Culture Sharing programCulture Sharing programBeneficiary : Low-income families such as SeniorBeneficiary : Low-income families such as Seniorcitizens, people with disabilities, Single-parent familiescitizens, people with disabilities, Single-parent families

Welfare program for the UnderprivilegedWelfare program for the UnderprivilegedSupport for Multi-Cultural Family CentersSupport for Multi-Cultural Family CentersBeneficiary : married immigrants & their familiesBeneficiary : married immigrants & their families

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I Advancement of the lottery business

1. Continuous Creation of Lottery products2. Implementation of Systematized lottery business3. The preparation in overseas expansion

of lottery system

II Businessexpansion

1. Deregulation- Total Sales Volume - Sale limit

2. An alignment of On and off-line store

III Rational applicationof Lottery Fund

1. Rational Improvement of distribution ratio in Statutory allocation project

2. Specialization of Lottery Fund’ Utilization

IVBuild up of nationwidesympathy to sound Lottery

1. The expansion of sound recognition to Lottery Fund2. Propulsion of communication Strategy through

promotion

Strategic ObjectiveStrategic Objective StrategyStrategy

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