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Nanum Lotto Inc. is the Korean official national
lottery service provider, and started its business by consummating the
agreement with Prime Minister's Lottery Commission on August 13, 2007.
Nanum Lotto Inc., which is organized by 7 stock holding companies including
Eugene Corporation, LG CNS, Nonghyup, and Samsung Books that have financial
stabilities, and Intralot, KTeMS, and Angellotto that have specialties in
lottery, will execute domestic on-line lottery business in 5 years afterwards
from December 2, 2007 on the basis of trust management, public benefit
management, and sharing management.
Lotto, operating approx. 40% of total
sales to lottery fund, is typical public benefit business executed by the
government from which the fund is returned many places of the society through
residence stabilization support business for low-income group, promotion of
culture and arts, conservation of cultural heritage, and welfare business for
men of the national merits.
We are going to convert people's consciousness
about Lotto that was recognized as a speculative business for the meanwhile and
contribute to the national welfare and social benefit substantially through
Lotto business with the responsibility and mission. We also do our best to
expand the lottery fund by securing stable and efficient operation and
transparency.
Nanum Lotto Inc. will be a leader of the firm establishment
of sound lottery culture, furthermore, extension of heart-warming donation
culture in which everybody feels happy.
 Audit Bureau to Investigate National
Lottery Operations
KOREA (May 20, 2009) – According to
local media reports the Board of Audit and Inspection of Korea said on Monday
it intends to audit Nanum Lotto, a private company that runs the National
Lottery....................Subscribers
Government to
Re-investigate Lottery Company
SEOUL, South Korea (April
29, 2009) – According to a local media report the government is
considering reopening its investigation into Nanum Lotto Inc., the state-run
operator of the country's lottery system.....................Subscribers
S
Korean Lottery Sales Up 12 pct in Q1
SEOUL, South Korea
(April 4, 2009) -- Lottery sales in South Korea jumped twelve (12%) percent
during the first quarter from a year earlier amid a protracted economic
slump................Subscribers
Unclaimed Lottery Prize Totals W50 Billion a
Year
KOREA (October 8, 2008) -- According to Nanum Lotto,
the official Lotto service provider, 15 top prize winners have failed to claim
a total of 39.7 billion won since the lottery began in 2002...............Subscribers
Lotto
Cannot be Manipulated!
KOREA (September 19, 2008) -- On
Sept. 17th, Assemblywoman Suhee Jin pointed out some issues regarding the
operation of Nanum Lotto's online lottery system and suggested a suspicion on
manipulation of lotto. Nanum Lotto believes that there were some
misunderstandings, and would like to deliver the truth.............Subscribers
Lotto
Operator Admits to Rule Violations
KOREA (September 17,
2008) -- Nanum Lotto, which has been running the national lottery since
December last year, is found to have occasionally broken rules, including
continuing to sell lottery tickets after the winning numbers had been
announced.............Subscribers
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