• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 31 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

2024 Asian Gaming Power 50: Number 17 – Huang Chih-yi

Newsdesk by Newsdesk
Tue 12 Nov 2024 at 14:26
2024 Asian Gaming Power 50: Number 19 – Kevin Tan
5
SHARES
121
VIEWS
Print Friendly, PDF & Email

CLAIMS TO FAME

  • Career banker with lottery owner Chinatrust Commercial Bank

Taiwan’s “Welfare Lottery” has had a major leadership change, with chairman Steve Hsieh retiring in June after 14 years on a high note of corporate stability and solid revenue growth.

His replacement is Huang Chih-yi, a current director of Taiwan Lottery Co and a former veteran general manager (2007-2017) of considerable innovation, as well as a career banker with Chinatrust Commercial Bank, which operates the government-owned lottery under license as part of a consortium with Intralot.

Huang inherits a company that is positively booming, with total ticket sales in calendar 2023 rising 25.8% to a record-smashing NT$162.5 billion (US$5.1 billion), and its corporate surplus (roughly equivalent to EBITDA, plus interest) up 22.5% to US$1.1 billion over the same period. Taking over the reins of Taiwan Lottery Co is a classic big-shoes-to-fill scenario, but Huang’s knowledge of the company and the industry has few peers.

Because the lottery’s primary goal is distribution of largesse to needy people and government social and health fund mechanisms, Huang’s mission statement in June reinforced the need for both a steady growth trajectory and expanding public support for the lottery’s charity and welfare mandate, which includes the employment of under-privileged people as ticket agents.

The signs for 2024 are auspicious, with revenue as of 25 September up 4.6% year-on-year, making Taiwan’s premier lottery market a force to be reckoned with now and in the future. Huang’s experience and popular touch – he has personally handed jackpot checks to hundreds of winners over the years – promise to keep this steady express train firmly on its rails.

For the full list of 2024 Asian Gaming Power 50 winners, click here.

Tags: Current IssueHuang Chih-yiTaiwan Lottery CoThe 17th Asian Gaming Power 50 2024
Share2Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG explains why this new annual industry event will be genuinely different and how we aim to better serve the industry’s...

Call of Macau

Call of Macau

by Ben Blaschke
Wed 28 May 2025 at 17:55

The who’s who of the Asian gaming industry descended on Macau in early May for the 16th edition of G2E Asia. Asia’s longest-running gaming industry trade show, G2E Asia, returned to The Venetian Macao in early May – the first...

We like to party

We like to party

by Ben Blaschke
Wed 28 May 2025 at 17:28

The Industry Party returned to MGM Cotai on 8 May with around 400 guests attending to make it the largest TIP yet! Less than two years since making its debut in July 2023, The Industry Party has developed into one...

Swing for the stars

Swing for the stars

by Newsdesk
Tue 29 Apr 2025 at 11:15

Wynn Macau Ltd continued its efforts to promote Macau as a hub for sports tourism by hosting its second annual International Series Macau golf event in March. Wynn hosted the prestigious 2025 International Series Macau in March, with Mexico’s Carlos...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English