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VIETLOTT AFTER 4 YEARS OF LOTTERY BUSINESS: MANY POSITIVE RESULTS

18/07/2020 09:31

After 4 years of operating the self-selected lottery business system, Vietlott has achieved many positive results in line with the goals of the Lottery Modernization Project, bringing many entertainment games with international standards for people, contributing to repel illegal games. Those results will be promoted by Vietlott in the coming business years.

Doing business according to international standards ensures honesty and transparency

July 18, 2016 in Ho Chi Minh City marked an important milestone for Vietnam's lottery industry when Vietlott officially operated the lottery business system and launched the first self-selected lottery product Mega 6/45. Vietlott always pursues modern, transparent and responsible business principles according to international standards.

Up to now, Vietlott is the first and only Vietnamese lottery enterprise that is an official member of the Asia-Pacific Lottery Association (APLA), the World Lottery Association (WLA).

In the process of integrating with the modern lottery and entertainment industry in the region and the world, Vietlott has achieved many achievements such as: WLA Level 2 Responsible Play Certification, System Certification The safety and security techniques of WLA-ISO/IEC 27001, or the co-organization of the annual meeting of the Asia-Pacific Lottery Association in Da Nang are proofs of business principles following international standards that Vietlott pursues. The lottery process is strict and transparent according to international standards.

Impressive business results contribute to local socio-economic development

The solid steps in the past 4 years also show that Vietlott has gradually developed its distribution system through terminals. Starting from Ho Chi Minh City, in 2016 doing business in 12 provinces and cities, Vietlott has expanded its business to official localities in 60/63 provinces and cities nationwide, in the period From 2017 to 2020, on average, the business expands to 12 provinces and cities each year. Vietlott has really brought a new breeze to the Vietnamese lottery market over the years.

With the total accumulated ticket sales in the past 4 years (as of July 18, 2020) estimated at VND 16,000 billion, Vietlott has awarded nearly VND 8,800 billion to players, including nearly 200 billionaires Winning Jackpots nationwide. Vietlott always actively fulfills its obligation to pay the local budget and fulfills its responsibilities to the community when conducting business in the locality.

After 4 years, Vietlott has paid nearly VND 4,500 billion to local budgets for provinces and cities to invest in health, education, climate change combat, new rural construction and social welfare works . Along with that, the development of the system to nearly 5,000 Vietlott sales points has created jobs for about 10,000 workers in localities. The entire Vietlott lottery system (partners, agents, points of sale, winning customers) has spent over 45 billion VND to carry out hundreds of social security activities in all regions of the country. 

National development plan and expansion of new distribution channels to better serve the entertainment needs of the people.

In the Company's development orientation and meeting players nationwide, Vietlott has worked and is waiting for the written approval of 03 provinces of Cao Bang, Yen Bai and Dong Thap to strive to officially do business at 63/63 provinces and cities in 2020 nationwide according to the policy approved by the Prime Minister. Besides, Vietlott continues to perfect the ecosystem of lottery products with many new and modern products to meet the entertainment needs of players.

In the fourth quarter of 2020, Vietlott aims to deploy distribution via mobile phones (in the form of SMS). The addition of a distribution method to meet the needs of players can buy lottery tickets anywhere, anytime. Get better through account identification and limit the value of buying tickets, to help Vietlott implement a higher level of responsible playing standard in the future. .

With development efforts, Vietlott always wishes to bring players modern lottery services in Vietnam and is a leading enterprise in applying digital technology to lottery issuance activities.

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