Taiwan Sports Lottery reached a new milestone in 2024, with total sales topping NT$64 billion (US$1.94 billion), the highest annual total in its nearly two-decade history.
In a news statement today, the Sports Administration said the record NT$64.3 billion in sales last year contributed over NT$7 billion to the nation's sports development fund.
Taiwan Sports Lottery is authorized by the government, with the Ministry of Education serving as its competent authority under the Sports Lottery Act (運彩發行條例).
Photo: Taipei Times
Following an amendment in November 2016, all revenue generated by the lottery is directed to the country's sports development fund.
Meanwhile, the lottery company is offering additional single-game and in-play betting during the Lunar New Year holiday, covering Europe's top five soccer leagues as well as the National Basketball Association (NBA), National Hockey League (NHL), and National Football League (NFL) in the United States.
According to the Sports Administration, the sports lottery recorded NT$77 billion in sales over five years and eight months during its first term, and NT$407.8 billion in the subsequent decade during its second term.
The amount is expected to exceed NT$502 billion by the end of its ongoing third term in 2033, it said.
Eight Chinese naval vessels and 24 military aircraft were detected crossing the median line of the Taiwan Strait between 6am yesterday and 6am today, the Ministry of National Defense said this morning. The aircraft entered Taiwan’s northern, central, southwestern and eastern air defense identification zones, the ministry said. The armed forces responded with mission aircraft, naval vessels and shore-based missile systems to closely monitor the situation, it added. Eight naval vessels, one official ship and 36 aircraft sorties were spotted in total, the ministry said.
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