South Korea’s Lotto sales hit 11-year high in 2015

Additional sales outlets have caused a spike in online lottery tickets sales in South Korea, local media reported.

Quoting data from the lottery committee of Republic of Korea’s finance ministry, the Korea Times reported that sales of online lottery tickets in the country, also called Lotto, was up 6.8 percent last year at KRW 3.26 trillion (US$2.71 billion).

The last time that lottery sales peaked in South Korea was in 2004, when it reached KRW 3.3 trillion, the government data showed.

According to the report, the increased lottery sales was “largely driven by the surge in the number of sales outlets from 6,015 at the end of 2014 to 6,361 at the end of last year,” which, in turn, prompted the hiring of additional 512 sales people in 2015.