Most Popular
-
1
[Exclusive] Korean military set to ban iPhones over 'security' concerns
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
-
2
Korean, Romanian leaders discuss defense tech, nuclear energy
-
3
[Graphic News] 77% of young Koreans still financially dependent
![[Graphic News] 77% of young Koreans still financially dependent](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
-
4
S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
-
5
Yoon’s jailed mother-in-law excluded from latest parole list
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
![[Graphic News] 77% of young Koreans still financially dependent](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
-
6
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
7
[Pressure points] Leggings in public: Fashion statement or social faux pas?
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
-
8
Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
-
9
Aging population to drive down Korea's housing prices from 2040: experts
-
10
North Korea holds drills simulating nuclear counterattack against enemy
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
No more Lotto sales at major convenience stores: govt.
By Yoon Yeun-jungPublished : Nov. 6, 2018 - 16:45
Licenses to sell Lotto lottery tickets will be withdrawn from three major convenience store corporations as early as next year, said the government on Tuesday.
The Ministry of Economy and Finance said it will revoke the sales rights for Lotto -- the most popular offline lottery here -- from three convenience store corporations -- GS25, CU and Cspace. It is unclear when the measures will be implemented, but recent reports said that ministry officials are considering a grace period for the companies.
The Ministry of Economy and Finance said it will revoke the sales rights for Lotto -- the most popular offline lottery here -- from three convenience store corporations -- GS25, CU and Cspace. It is unclear when the measures will be implemented, but recent reports said that ministry officials are considering a grace period for the companies.
The decision was made reportedly in a bid to ensure that Lotto sales will serve its founding purpose to aid the socially vulnerable.
Starting in 2004, the government has been giving priority for Lotto sales to the socially vulnerable such as the disabled, single-parent family households and low-income family members. But the major convenience store chains have been selling lottery tickets since 2002, when Lotto was first introduced in Korea.
By Yoon Yeun-jung (kairos07@heraldcorp.com)
