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Seoul Olympic Sports Promotion Foundation
Address: 88 Bangi-Dong Songpa-Gu KR-138-749 Seoul
Postal/Postboks Address: As Above
Internet: www.sosfo.or.kr
E-mail Address: kshong@sosfo.or.kr
Phone: +82 2 410 1341
Fax: +82 2 410 1349
Population: 48,846,823 (estimate 2006)
Chairman:
Head of Sports-Toto and Lottery Division :
Jae-Ho Park
Byeong-Tae Im
Year Lottery Founded: April 1989
Sale of Sports Toto (Sports lottery tickets) commenced: 2001
Number of Employees: N/A
On-line Vendor: N/A
Internet Gaming System: N/A
Instant Ticket Vendor: N/A
ITVMs: N/A
Games Offered: Sports Toto and Sports Lottery Tickets
Beneficiaries: National sports promotion fund.
Jurisdiction: South Korea


Background

Seoul Olympic Sports Promotion Foundation was established as a public foundation on April 20, 1989 for the formation, operation, and management of a national sports promotion fund to support projects related to the promotion of national sports, sport science research, sound development of youth, and projects commemorating Seoul's 1988 Olympics.

SPORTS TOTO: This is a new leisure game where spectators at a soccer match or basketball game put the expected results of the match on a ticket before the match starts, and those who have guessed correctly receive the corresponding ratio of cash.
SPORTS LOTTERY TICKETS: The entire amount of the proceeds from the drawing-type Sports Lottery Ticket and the instant-drawing Athletic Lottery Ticket issued by SOSFO is earmarked for the national sports promotion fund. The proceeds from the sale of lottery tickets played important roles in the operation of the last World Cup and the Busan Asian Games.

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