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Dong Hang Lottery is Making History in South Korea

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Dong Hang Lottery is Making History in South Korea
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Dong Hang Lottery becomes the only company appointed by the Korean Lottery Commission of the Ministry of Finance and Strategy to operate lottery service of various Korean lottery, including Lotto, Pension Lottery, Instant Lottery and Electronic Lottery. Korean Lottery Commission has made a great social contribution to the society, improving the lives of many by supporting welfare, education and health programs. The company is also using blockchain technology for their entire electronic lottery system.

Many people love playing the lottery, especially Koreans. There are more than 80 million tickets of the classic Lotto 6/45 sold every week, which goes to show how much it’s enjoyed by this culture. According to the Korean Gallup Research Institute, Koreans have a positive perception of the lottery and seven adults out of 10 have purchased a lottery ticket at least once in their lifetime. In South Korea, the lottery not only represents an important financial business, but is also a healthy hobby for its citizens.

Jeju Semiconductor Corp., Korea Electronic Finance, Snet Systems, Tobe Soft, KIS Information Communication, Meta CNS, Nice Payments, K Bank, MBC Nanum and KCT formed a consortium as a way to bid for the Lottery Trust Company. Dong Hang Lottery was the company chosen among 3 bidders by the Korean Lottery Commission of the Ministry of Strategy and Finance as now acts as the fourth-term lottery operator.

Jeju Semiconductor, the supervising company of Dong Hang Lottery, specializes in designing ultra-small, low-power memory semiconductors and is widely recognized for its technology and reliability in the global market of low density memory semiconductor. As a leading Korean memory semiconductor fab-less, they export more than 80% of its sales.

Nice Group operates more than 25,000 cash dispenser machines and offline platforms for cash transfers among 40 branches, and employs more than 700 people. KIS Information Communication introduced the electronic signature system in the payment industry and created the cash receipt system, while Nice Payments is known for being an online payment and personal information security company.

Once Dong Hang Lottery took over, they immediately set out to utilize blockchain technology for Internet sales and their entire electronic lottery system as a while. Since they first introduced the innovative technology, significant changes have been made, such as integrating IBM Security Software (which was a necessary adjustment in order to maximize blockchain technology). Dong Hang Lottery has laid the foundation for the ability to purchase lotto tickets online, allowing those living in remote places, such as islands, mountains and other isolated areas, the chance to purchase lottery tickets and try their luck at the winnings. Before, these marginalized people might have never been able to participate in the Korean lottery unless they physically bought tickets.

The reliability of the system is now more secure than ever thanks to a number of improvements in its security system due in part to blockchain technology. In addition, the lottery network for Lotto 6/45 and Pension Lottery was changed to ensure a fair lottery.

To make the lottery more enticing and exciting, there is a weekly live broadcast with a special personality that announces the lottery drawings. Besides the lottery numbers, there is a number of other performances, providing viewers a variety of attractions never seen before as they await to see if they hold the lucky lottery tickets.

The lottery fund represents 42% of the total amount of lottery sales, and is used for public interest projects, such as housing projects for low-income families, cultural and arts promotion, cultural heritage preservation projects, and welfare projects for underprivileged citizens. Last year, lottery sales were roughly $4.3 billion USD and this in turn helped the Lottery Fund accumulate $1.8 billion USD. Dong Hang Lottery has become a public trusted company since their first took over the lottery, providing a more secure, transparent and reliable lottery services.

Dong Hang Lottery CEO, Mr. Hyungsup Cho, a former government official and judge, stated, “Dong Hang Lottery will faithfully fulfill its social responsibilities based on morality and public interest in order to establish a sound lottery culture in Korea. We plan to continue the growth of the Korean lottery business by improving system of lottery business, the distribution structure, and sustainable development of products.”

 

Source: Dong Hang Lottery

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Asia

FBM(R) launches FBM E-Motion: the newest online gaming platform for the Philippines

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FBM® kicks off a new chapter of its Champion journey in the Philippines with the launch of FBM E-Motion! The online gaming platform disclosed yesterday in the FBM Champion’s Night event held at Xylo at The Palace in Taguig marks a historic moment for the global gaming brand in its pursuit of redefining the gaming experience of Filipino players.

FBM E-Motion promises to change the way local players interact with the FBM games. The online casino games developed under the FBM Group are now available for players in the Philippines to enjoy anytime and anywhere. Whether it is a video bingo, a slots theme or a table game, Filipino gaming enthusiasts have the control in the palm of their hands to start joyful gaming sessions.

One platform, multiple benefits for the players

The FBM E-Motion introduction means significant improvements to the local players’ gaming experience in multiple areas. The game’s accessibility is more convenient, as customers can access the platform with any desktop or mobile device.

Besides the improved accessibility, FBM E-Motion offers more gaming options since players can have fun playing various game categories from different providers. With more variety of gaming choices comes thrilling gaming opportunities as FBM E-Motion keeps users engaged with regular promotional campaigns, jackpots and bonuses to conquer.

In terms of safety and reliability, FBM E-Motion guarantees the highest quality standards. The platform got the license from PAGCOR, and all gaming services offered follow the excellence standards practiced by the FBM brand in the land-based universe, meeting all the criteria regarding legality and compliance with gaming regulations.

FBM E-Motion can be described as a user-centric platform, due to the prioritization of users’ needs, preferences, and overall satisfaction through a 24/7 dedicated customer service available in bingo halls nationwide.

This platform also stands out as the only digital platform allowing Filipino players to enjoy FBM games online in the Philippines.

FBM E-Motion is a game changer in the Filipino online gaming landscape

The release of FBM E-Motion materializes a new entertainment era for the FBM Group in the Philippines. With this step, FBM adds a new layer of engagement with the players’ community, allowing customers to try their favorite FBM titles inside and outside bingo halls in ways that were not possible.

The user-friendly interface of FBM E-Motion facilitates smooth navigation, stimulating players to try a solution crafted with cutting-edge technologies, attending to the latest trends of innovation and entertainment in this Asian country. Players can immerse themselves in a diverse range of memorable gaming experiences with FBM® exclusive games and video bingos, slots or table games provided by different providers.

The launch of FBM® E-Motion kicks off FBM®’s journey in the world of online gaming in the Philippines. With its promise of innovation, excitement and accessibility, the platform is ready to captivate players and redefine the future of their gaming experiences.

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Africa

Hub88 partners with LiveGames to enhance content offering

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Hub88 partners with LiveGames to enhance content offering
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Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.

LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.

The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.

The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.

The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.

Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.

“We are looking forward to collaborating and strengthening our content library with their diverse games.”

The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.

“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”

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Asia

Indonesian Govt to Form Task Force to Tackle Online Gambling

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Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.

“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.

Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.

“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.

“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.

Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.

“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.

Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.

“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.

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