Japan to authorise online lottery ticket sales

Authorities in Japan are set to allow the sale of lottery tickets online from October, according to reports in the Japan Times.

Japan to authorise online lottery ticket sales

Japan’s internal affairs ministry announced the move on Friday, confirming that tickets for most of the country’s public-run lotteries will be made available to be purchased online.

From October individuals will be able to buy tickets online for the Jumbo Takarakuji series, which are sold five times annually and offers a prize of ¥1 billion, as well as regular Takarakuji tickets and the Numbers and Loto series.

Predominantly lottery tickets are operated by local governments in Japan and major Japanese cities, with a portion of lottery revenues being retained and used as part of their annual budgets.

Any individual wanting to buy tickets online will be required to register for membership on the lottery website, with winnings being paid electronically to their respective bank account.

An official at the ministry said “One reason (to push the online option) is because lottery sales have been decreasing.”

Japanese lottery ticket sales have been on the slide since 2005, when revenue from sales topped ¥1.1 trillion.

In 2016 revenue from ticket sales was just over ¥845 billion, with almost 93% of tickets reportedly sold at retail outlets across Japan. Sales to those aged 50 or older account for over 60% of all lottery ticket sales in stores.

Seiko Noda, Japanese Internal affairs minister said she hopes to see the new service attract 500,000 users in its first six months and is aiming to attract younger players.

Noda said: “efforts to reach potential customers in younger generations have been weak, and that expanding sales channels to web and smartphones is needed.”

Topics
OnlineLotteryFinancialLegal & RegulatoryIndustry
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Robert Simmons served as a writer for Gambling Insider, where he was an active contributor from 2017 until 2018. Throughout his tenure, Robert executed in-depth market research and wrote over 500 news and press-release articles covering the global gambling industry under strict editorial standards and tight deadlines. He contributed editorial support to the production of five 100+ page Gambling Insider magazines, eight 25+ page Trafficology magazines, and five 25+ page special print focus editions. In addition, he produced 30 in-depth feature articles for print, secured over 30 contributions from external writers, and built long-standing professional relationships with industry stakeholders across all levels of the gambling sector.

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