Annual revenue of computerized lottery estimated to top NT$100 billion

Alfred Lee, The China Post

The computerized lottery market in Taiwan is expected to generate an annual revenue of between NT$100-150 billion, according to Tipeibank, which will issue tickets for a nationwide computerized lottery starting on January 25 next year.

This issuance of computerized lottery tickets will be the first of its kind in Taiwan. Taipeibank estimates that it will issue NT$101.6 billion-worth of lottery tickets next year. Of these, NT$80 billion or 78.74 percent will be issued in the form of computerized-lottery tickets, NT$18 billion or 17.72 percent in the form of immediate-result lottery tickets, and NT$3.6 billion or 3.54 percent in the form of traditional lottery tickets. The lottery comes at two different prices NT$50 and NT$100. Taipeibank will run the lottery twice a week. The computerized lottery is expected to gradually replace the traditional lottery. Initially, Taipeibank will run 5,000 ticket-distribution centers island wide, eventually expanding the sales network to 10,000 outlets. The computerized lottery provider will also offer new computer games each month and on special holidays. It will provide a total of 15 computerized games per year.

In a recent bid, Acer Group and G-Tech won the five-year contract to join Taipeibank in running the computerized lottery.

Stan Shih, chairman of the Acer Group, said that his company plans to allocate 30 percent of the earnings from the computerized lottery business to a special fund serving the interests of the public.

This will be the first time the Acer Group has provided a large-scale information service in Taiwan. For the service, Acer Group will provide its IT products and other hardware, while G-Tech will provide software and know-how.

Acer’s affiliates such as Acer Sertek (its sale and service arm), Acer CyberCenter Services (its islandwide natural-disaster-resistant data center), and Pagic (its Internet service provider) will make an all-out efforts to support Acer Group’s computerized lottery business. The last Acer Group offering of IT products and services was made in 1998, when it supplied US$10 million worth of IT products in support of the Asian Games.