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Tag
lottery
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Southern lottery companies’ sales top $1.5B
Lottery companies in the south reported sales of VND35 trillion ($1.5 billion) in the first quarter, a 22% year-on-year increase.
HCMC Lottery eyes $500M revenues in 2025
The HCMC Lottery Company targets annual growth of 8% in 2021-25, and eyes revenues of VND12.2 trillion (US$519 million) and profits of VND1.6 trillion at the end of the period.
Ministry wants higher tax for lottery winnings
The Ministry of Justice has proposed that the 10% tax on winnings from lotteries, games and contests be increased as it is lower than in many other countries.
January 18, 2023 | 04:37 pm PT
Vietnam to promote electronic bills via lottery
Vietnam is set to use lottery prizes to promote the use of electronic bills as the country seeks to boost digital transformation.
June 8, 2022 | 04:55 am PT
Lottery companies fail to hit the jackpot in 2021
The long shadow cast by Covid-19 saw the profits of many traditional lottery companies drop by double digits last year.
April 24, 2022 | 01:51 am PT
Lottery ticket vendors bet on distributor support during pandemic
Nguyen Thanh Tam, 34, a lottery ticket distributor in Vinh Long Province, has decided to provide vendors VND50,000 ($2.10) a day each.
March 31, 2020 | 02:39 am PT
HCMC Lottery Company profits soar
The HCMC Lottery Company Ltd. made pretax profits of over VND1.3 trillion ($56.29 million) last year, up 13.7 percent from 2018.
January 12, 2020 | 10:31 pm PT
Lottery firm profits surge
Capital Lottery Company reported net profits of VND11 billion ($473,000) in the first half, more than double its entire 2018 figure.
September 22, 2019 | 08:15 pm PT
HCMC lottery firm posts double-digit increase in H1 profit
The HCMC Lottery Company Ltd. made VND750 billion ($32 million) in pretax profits in the first half of 2019, up 27.55 percent year-on-year.
August 15, 2019 | 11:39 pm PT
Six face trial in southern Vietnam for stealing prize-winning lottery tickets
Six people in Long An Province face prosecution for stealing two prize-winning lottery tickets worth VND3.6 billion ($155,000).
January 6, 2019 | 07:54 am PT
10 arrested as $89 million online gambling ring busted in Vietnam
The online gambling ring was hosted by the M88gin.com website, with its server located in the Philippines.
July 8, 2018 | 05:41 pm PT
Numbers tilt in favor of traditional lottery firms in southern Vietnam
Their revenue increases can be attributed to a decline in popularity for tickets sold by computerized lottery firm Vietlott.
June 11, 2018 | 10:08 pm PT
Australian wins lottery twice in a week
The odds of winning once are one in 1.845 million.
May 13, 2018 | 11:08 pm PT
Lottery tickets and languages: Meet this remarkable 84-year-old grandma in Saigon
Her dream is for her lucky numbers to come on the same lottery she sells tickets for.
November 24, 2017 | 12:44 am PT
CEO of big-bucks Vienamese lottery company Vietlott resigns abruptly
He was head of the embattled fuel giant PetroVietnam's finance subsidiary before moving to the lottery firm.
October 7, 2017 | 07:36 pm PT
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