SEOUL, March 9 (Korea Bizwire) — Low-income earners spent more on lottery tickets last year than in 2021, data showed Wednesday. Households with more than one household member across the country spent an average of 703 won buying lottery tickets each month, up by 1.4 percent from the previous year, according to the data from [...]
SEOUL, Jan. 25 (Korea Bizwire) — A significant portion of adults purchased lottery tickets in the past year, with 56.5 percent of South Koreans over 19 years of age purchased lottery tickets in the past 12 months, a government report has showed. Among those who purchased lottery tickets in the 12 months prior, 1 in [...]
SEJONG, Sept. 16 (Korea Bizwire) — Lottery sales in South Korea hit a 15-year high in the first half of the year amid the economic fallout from the coronavirus pandemic, government data showed Wednesday. Sales of lottery tickets were tallied at 2.6 trillion won (US$2.2 billion) in the January-June period, up 11.1 percent from a [...]
SEOUL, Feb. 15 (Korea Bizwire) — Like so many other ordinary Koreans, Kim Chan-hee, a 50-something office worker, has pinned his financial hopes on apartments whose prices surged sharply last year despite a string of harsh measures by the government. But it did not take long for him to realize his somber situation: that the [...]