Reports SPORTS-BETTING ASIA - PART 2
Essential facts about Taiwan sports-betting
Non remote operators No. of betting shops
Taiwan Sports Lottery (TSL)
1,500 retail outlets Lottery revenues Online market Remote Licences
TSL GGR NT$28bn Lottery Public Welfare Lottery $132.2bn
Limited to TSL
Remote GGR NT$3.7bn TSL
the government decided to close down the Pa- triot Lottery in 1987. In 1995 the Public Welfare Lottery Issue Act
was introduced to manage the sector and in 2002 the Public Welfare Lottery was launched by the Taipei Fubon Bank to help collect funds for social welfare. Tis was a computer lottery and instant lottery with 26.75 percent of the an- nual revenues used for social welfare purposes. In 2007 the ChinaTrust Commercial Bank took over the job. Tis saw the arrival of three games – Lotto,
TAIWAN
Taiwan has been anti gambling for many years and this activity is prohibited under the Criminal Code of the Republic of China which was cre- ated when the KMT government ruled Mainland China. Penalties include fines for social gamblers
and higher fines and sentences for repeat of- fenders or those who bet professionally. Despite this gambling and betting is huge,
even if most of it operates underground. Gam- bling is a big part of the Chinese culture and just as popular in Taiwan. To accommodate this some aspects of gambling are now legal. Te first lottery was launched in 1906 whilst
under Japanese rule to help fund temples and social projects. After World War II in 1950 the Patriot Lottery was created to encourage nation- alism and pay for defence costs and was pub- lished by the Bank of Taiwan. As the economy improved illegal lotteries boomed during the mid 1980s and to stop this
P100 NEWSWIRE / INTERACTIVE /
247.COM
Scratchcards and Matching Fun which was a six digit number game. Some 2,500 retailer outlets were set up to sell tickets through Taiwan with live broadcasts every Tuesday and Friday. Te total sales for the Public Welfare Lottery
in 2014 reached a record high of NT$132.2bn and they have 59,232 lottery distributors which are often granted to people with disabilities or low income families. Meanwhile the Uniform Invoice Lottery or
Taiwan Receipt Lottery as it is often known, was launched in 1951 under the KMT government to boost tax revenues. It encouraged locals to ob- tain receipts for every purchase made with busi- nesses with a monthly turnover of NT$200,000 and above. People who make a purchase at a store which
pays tax receive a free lottery ticket via an eight digit number on their receipt. On the 25th day of odd numbered months a
draw takes place. Tere are six sets of eight digit numbers with six prizes and a top prize of NT$10m. Tere are other major draws such a Super Lotto, Lotto and scratch cards etc. It is managed by the Ministry of Finance and today operates also with an e-invoice or mobile appli-
cation initiative to replace paper receipts. Meanwhile although the construction of casi-
nos was permitted on some off shore islands back in 2009 as yet none have been built. Casinos were permitted with the Offshore Is-
lands Development Act which agreed to allow the islands of Kinmen, Matsu and Penghu the chance to build casinos. But after a referendum on the Penghu inhabitants rejected a huge casino resort project although a second referen- dum is said to be taking place this year in June. Matsu’s referendum voted in favour and al-
though the construction of casinos looks prom- ising many say it will be 2019 before the earliest casinos open. Meanwhile some gambling style games like
cards and mahjong are also permitted on special days with strict restrictions. In 2008 the government agreed to make
sports betting legal by creating a new lottery and so the Taiwan Sports Lottery (TSL) was in- troduced, which has shops country wide plus terminals and online betting via its website and mobile applications. It is overseen by the Sports Affairs Council. Te law is governed by the Sports Lottery Is-
suance Act 2010 which was introduced to invig- orate sports and raise funds to develop the sporting sectors. Rules stipulate:
l Total prize money does not exceed 78 percent of the total sports lottery revenue.
l Marketing and management fees shall not ex- ceed 12 percent of total sports lottery revenue.
l 10 percent of profits will go into the Taiwan Lottery and 90 percent to the development of sports.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132