{"id":26357,"date":"2022-01-18T10:45:48","date_gmt":"2022-01-18T13:45:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26357"},"modified":"2026-04-23T12:09:28","modified_gmt":"2026-04-23T15:09:28","slug":"south-korea-lottery-sales-up-10-3-in-2021","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-korea-lottery-sales-up-10-3-in-2021","title":{"rendered":"South Korea lottery sales up 10.3% in 2021"},"content":{"rendered":"\n<p>The Korea Lottery Commission has reported that lottery sales rose by10.3 per cent last year, setting a new record.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-\u00a0<strong>The Korea Lottery Commission<\/strong>\u00a0has shared its financial results for the year 2021, reporting\u00a0<strong>record lottery sales of\u00a0<\/strong>KRW5.98tn (US$5.02bn), up 10.3 per cent year-on-year from KRW5.42tn in 2020. Sales of online lottery tickets were up 8.4 per cent to KRW5.14tn while sales of pension-type tickets were up 29.2 per cent to KRW291.1bn.<\/p>\n\n\n\n<p>According to Yonhap News Agency,\u00a0<strong>lotto accounted for 42.1 per cent of all lottery tickets in 2020<\/strong>, up from 21.2 per cent in 2020. For the first half of 2021, <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korea-lottery-sales-reach-record-us2-5bn-in-h1\">the Korea Lottery Commission<\/a>\u00a0had reported\u00a0<strong>record lottery sales of US$2.5bn<\/strong>, up 12.6 per cent year-on-year. That period saw a surge in pension-type lotteries that pay winners with annuities.\u00a0<strong>Sales of these reached KRW142.2bn<\/strong>, an increase of 66.4 per cent and the largest year-on-year H1 increase since this type of lottery ticket was launched in 2012.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">South Korea strengthens Covid-19 countermeasures in casinos<\/h2>\n\n\n\n<p>South Korean authorities have <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korea-strengthens-covid-19-countermeasures-in-casinos\">strengthened countermeasures<\/a> due to increased fears around the Omicr\u00f3n variant of Covid-19. Entertainment venues including casinos have been ordered to operate at a limited capacity and with social distancing measures for at least three weeks. Casinos must close at 10pm.<\/p>\n\n\n\n<p>Last December,\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/jeju-casinos-to-require-proof-of-vaccination\">casinos in Jeju<\/a>\u00a0started to\u00a0<strong>require proof of Covid-19 vaccination<\/strong>\u00a0or a negative test result for admission. Casino capacity continues to be limited to 50 per cent in Jeju, a measure that was implemented from November 1, 2021. However, there are currently no restrictions on opening hours at Jeju Island Casinos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Korea Lottery Commission has reported that lottery sales rose by10.3 per cent last year, setting a new record.<\/p>\n","protected":false},"author":176,"featured_media":9694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Korea Lottery Commission reported record lottery sales of KRW5.98tn (US$5.02bn) in 2021, marking a 10.3% year-on-year increase, primarily driven by online and pension-type tickets. Concurrently, South Korean authorities implemented stringent COVID-19 countermeasures, including capacity limits and a 10 PM curfew for entertainment venues and casinos, impacting operational viability across the land-based gaming sector.","focusai_entities":"Korea Lottery Commission, Yonhap News Agency","focusai_location":"South Korea, Jeju","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Lottery Growth Drivers","query":"What specific marketing or distribution strategies contributed to the significant year-on-year growth in online and pension-type lottery sales in South Korea?"},{"label":"Casino Operational Impact","query":"What is the projected financial impact on gross gaming revenue (GGR) for South Korean casinos, particularly those in Jeju, given the new capacity limits and operating hour restrictions?"}],"footnotes":""},"categories":[16338,163],"tags":[3573],"class_list":["post-26357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26357"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26357\/revisions"}],"predecessor-version":[{"id":26361,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26357\/revisions\/26361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9694"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}