CEO’s Message
- KSPO raises funds through bicycle racing and motorboat racing and returns all the profits back to local communities
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KSPO runs bicycle racing and motorboat racing projects, which raise funds while also creating an entertaining leisure activity for spectators to enjoy.
All the profits from these projects are returned back to local communities: (1) promoting fitness; (2) supporting young athletes; (3) sponsoring small and medium enterprises; (4) funding local governments; (5) advertising arts and culture; and (6) assisting the public interest in other ways. Also, KSPO contributes by increasing tax revenues through leisure tax.
Green Leisure Sports: Cycle Racing
- Held at Gwangmyeong Speedom in Gyeonggi province, bicycle racing is a participatory leisure activity in which you purchase a ticket to win a certain percentage of the prize. It raised USD 7.2 billion to support local communities between 1994 and 2021.
Water Sports: Motorboat Racing
- Held at Misari Motorboat Racing Course in Hanam, Gyeonggi province, motorboat racing is a participatory leisure activity in which you purchase a ticket to win a certain percentage of the prize. It raised USD 1.8 billion to support local communities between 2002 and 2021.
Leisure Sports Programs for Local Community
- Within the 15 Speezons, KSPO operates leisure sports programs to improve the quality of life of the local community. Programs include dance, table tennis, yoga, calligraphy, and vocal lessons, all provided free of charge. In addition, Gwangmyeong Speedom offers classrooms for exercise bikes and monocycles, and also has a public theatre available for general use.
Responsible Gaming: KSPO is Justly Celebrated for the Highest Integrity
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For those who engage with buying betting tickets for bicycle and motorboat racing, our customers’ health
and well-being are our first priority. KSPO works to continually improve the fairness of our races, and to
provide a fully transparent administration. KSPO also follows a healthy sports entertainment policy,
implements an electronic transaction system, and offers addiction treatment and prevention programs.
As a result, KSPO Cycle&Motorboat races were evaluated A+ by the National Gambling Control Commission for seven years in a row, and also assessed the highest grade from the World Lottery Association Responsible Gaming Framework for two consecutive years.