What is the lottery like in South Korea?
Unlike its counterparts, the lottery was the only gambling sector to record continuous growth in revenue despite the COVID-19 pandemic. The breakdown of lottery sales highlights how popular its online platforms were among consumers, as it accounted for the vast majority of total earnings. Additionally, survey results depicted an altruistic mindset overall, as respondents replied that they remained positive even if they did not end up with the winning ticket. Such philanthropic tendencies were on display when asked about the uses of the lottery fund as well, with a demand for welfare present among the answers.Sports betting in South Korea
Sports betting is an important facet of professional sports in terms of monetization. Available for a variety of competitions, sports betting recorded the second-highest revenue from gambling segments in the country. Although baseball had the highest attendance numbers in pro sports, football was the popular choice among sports bettors. In contrast to the largely online nature of sales for the lottery, most people bought their betting tickets offline.
