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Busan Encourages Clean Garbage Disposal with Citywide Raffle

Busan Encourages Clean Garbage Disposal with Citywide Raffle

BUSAN, Aug. 23 (Korea Bizwire) — The Busan Metropolitan Government announced on August 23 that it will be holding a special raffle event as part of its citywide cleanup efforts. The event will be restricted to Millak Waterfront Park to tackle waste left by visitors who do not correctly dispose of their garbage. To place [...]

Government Earned 62.5 Trillion Won through Gambling Industry

Government Earned 62.5 Trillion Won through Gambling Industry

SEOUL, April 12 (Korea Bizwire) – The government earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it through taxes, data showed Wednesday.  The Korea Taxpayers Association analyzed records from the National Gambling Control Commission and found that the government collected approximately 31.55 trillion won in [...]

Getting into Kindergarten Harder than Entering College

Getting into Kindergarten Harder than Entering College

CHUNGJU, Nov.11 (Korea Bizwire) – At a popular nursery school, parents waited quietly as a lottery to determine which children would enter kicked off. You could cut the tension with a knife. In the end, only 25 children were selected to enter the class for five-year-olds, even though 118 applied. The 93 parents whose children [...]

Parallel Universe or Chance? Matching Numbers for Two Lottery Results

Parallel Universe or Chance? Matching Numbers for Two Lottery Results

SEOUL, March 16 (Korea Bizwire) — A recent lottery result in Korea has become a much talked-about subject among Korean Lotto lovers, as the outcome represented a relatively rare phenomenon. The six pairs of numbers for the jackpot of Nanum Lotto’s 640th winning results, 14-15-18-21-26-35, were exactly same as the lottery’s 64th results, except for [...]

Unclaimed Lotto Payouts Reach 200 Billion Won

Unclaimed Lotto Payouts Reach 200 Billion Won

SEOUL, Sept. 19 (Korea Bizwire) – For the past five years, the amount of money unclaimed by lotto winners surpassed 200 billion won (US$192 million), according to the Korea Lottery Committee. According to the report from the lottery committee submitted to the ruling Saenuri Party (New Frontier Party) lawmaker Park Myung-jae, the unrecovered lotto prize money [...]