Asia

Japan all set to sell lottery tickets online

Published

7 years ago

January 30, 2018

Reading Time: < 1 minute

The Japanese government legalised the sale of online lottery tickets from next October in an attempt to foster the business.

Hats off to the Internet, that propels the iGaming industry and helps it to persistently grow worldwide as gamblers go for the play online option while staying at home. This highly influenced the Japanese government to sell lottery tickets online from next October.

This news was given out to the public on Friday by the Internal Affairs Ministry and was designed with keeping in mind the fostering of lottery sales. The most public-run lotteries will be available online. Prior to buying any tickets, gamblers will be required to register online and link their account to a designated bank account, into which they will receive any winnings.

The government expects to turn around the downward trend that lottery sales have experienced since its peak in 2005. In 2016 sales barely reached €6.2 billion and that is why authorities expect to get a boost from internet presence as the younger generations and unlimited business hours are set to provide more possibilities for lotteries.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.