Gov’t punts on online expansion to boost Korea’s lottery sales

In a bid to improve buyer convenience, South Korea’s lottery sector is about to go live—online.

The Ministry of Strategy and Finance recently decided to allow South Koreans to buy Lotto, the most popular lottery ticket in the country, online by the end of 2018, the Korea Times reported.

Under the measure, the government will introduce a 5 percent cap on online sales and will limit the amount that each player can buy online “due to concerns over individual speculative drive.”

Before buying Lotto online, players will also need to undergo a confirmation process to check whether the buyer is an adult.