Articles About South Korean gambling laws

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Biathlon Betting Bonanza Brings Back Bond’s Best Battle

Biathlon Betting Bonanza Brings Back Bond’s Best Battle

Nich Moore January 17, 2018 04:50:21

The Winter Olympics creep ever closer like a North Korean sabotage squad in snow camouflage and a quick look at the odds available for a bit of Biathlon betting at online gambling sites like BetVictor shows you that this is going to be “The Spy Who Loved Me” all over again with one guy out […]

South Korea Casino Operators Beckon Chinese Shoppers To Come Play

South Korea Casino Operators Beckon Chinese Shoppers To Come Play

Phyllis F. May 7, 2015 11:32:05

South Korean casino operators are literally luring Chinese tourists away from Macau. South Korea has nothing to lose by seducing China’s gamblers and everything to win. As Macau casinos see their earnings and visitors disappear, other Asian countries are laying the way to welcome China’s rejects. This has resulted in Seoul’s foreigners-only casinos overflowing with […]

South Korean Casinos to Profit from Chinese Spring Festival Revelers

South Korean Casinos to Profit from Chinese Spring Festival Revelers

Phyllis F. January 28, 2015 03:27:01

Grand Korea Leisure and Paradise casinos will have influx of Chinese tourists celebrating the 7 day Festival in South Korea. Chinese tourists are stocking up on cosmetics and casino-related and travel-related articles, as they prepare for the Chinese Spring Festival Golden Week holiday, just 3 weeks away. The seven-day long festivities start February 18 and […]

South Korean Government to Build More Foreigners-Only Casinos

South Korean Government to Build More Foreigners-Only Casinos

Phyllis F. January 27, 2015 14:38:15

Casino resort to be built on reclaimed land in continued quest to attract tourists to the austere South Korea. South Korea’s provincial government recently revealed plans to build a casino on a ‘no-man’s land’ zone on the south western coast of South Korea. Saemangeum, which was already started in 1991, is set to become an […]

NHN Forced to Modify its Gaming Offer on its Online Gambling Site in South Korea

NHN Forced to Modify its Gaming Offer on its Online Gambling Site in South Korea

Monica E. November 17, 2014 15:41:52

Next Human Network Entertainment could have its online poker operations in South Korea suspended by authorities. When it comes to gambling, South Korea has a strict policy. Casinos are allowed, but only one of them is open to local players. Playing for money is only allowed among friends and family, provided the amount of money […]

South Korean Island Pushes for Strict Gambling Regulations

South Korean Island Pushes for Strict Gambling Regulations

Monica E. October 18, 2014 16:57:03

Jeju Island is looking to establish a strict watchdog to supervise the gambling industry, following the example of Singapore. The southern resort island has developed over the past few years, seeing a rapid surge in real estate investments. The tourism industry has also grown, as thousands of visitors from China come here every year to […]

South Korea Looking to Draw Chinese High-Rollers with New Casino Resorts

South Korea Looking to Draw Chinese High-Rollers with New Casino Resorts

Monica E. August 11, 2014 08:55:18

Paradise Co. and Sega Sammy Holdings will start building South Korea’s first integrated casino resort in October. All Asian countries with legal gambling seem to have a very specific target these days: Chinese players. And South Korea, a country where the casino industry is growing, is no exception. With no Chinese casinos on the mainland, […]

South Korea Looking to Build New Casinos and Resorts

South Korea Looking to Build New Casinos and Resorts

Monica E. August 6, 2014 19:55:28

Korea’s free economic zones announce new plans to build casinos, integrated resorts, and hospitals. Authorities are trying hard to boost the economy in Korea and they’ve decided to place all their bets on tourism. Officials have announced that the country’s Free Economic Zones (FEZ) have plans to build more entertainment facilities in order to attract […]

Japans Casino Market Estimated at $24Billion

Japans Casino Market Estimated at $24Billion

Rab April 22, 2014 17:07:01

The expected revenues of Japan’s future casinos have been the subject of many estimations, the most recent puts it at almost $24billion a year. Estimating the value of a potential casino market in Japan is not new to those who follow gambling news; but the most recent figure is quite a significant amount of money. […]

South Korean Gambler told there is No Need to Re-pay Gambling Loan

South Korean Gambler told there is No Need to Re-pay Gambling Loan

Rab April 10, 2014 15:44:56

The Seoul Central District Court has ruled that a gambling loan of over $10,000 doesn’t need to be repaid, since it was lent for gambling activities. The South Korean court decided that there was no requirement to repay the loan on the grounds of moral standards and social ethics. Judge Shim Chang-seop said: “money purposely […]

Casino Frenzy hits South Korea, as Booming Industry Escalates in the Country

Casino Frenzy hits South Korea, as Booming Industry Escalates in the Country

Toni April 9, 2014 17:17:53

Numerous casino developments are underway in the far East Asian country, as gambling business looks to be the future playing paradise. Officials from Incheon, Busan, North Jeolla, South Jeolla and the Jeji province are all voicing their determination that the casinos under development and are set to be completed shortly. They want to start operations […]

Caesars and Lippo Get Preliminary License for Casino Resort in South Korea

Caesars and Lippo Get Preliminary License for Casino Resort in South Korea

Monica E. March 21, 2014 18:10:21

Caesars Entertainment and Lippo will be opening the largest casino resort in South Korea. The two companies have become the first foreign investors to receive a preliminary casino license under South Korean gambling laws, after proposing a $696 million project near the country’s largest airport. The venue would be targeted mainly at Asian gamblers, but […]

Man Steals Personal Data of 20 Million Credit Card Users

Man Steals Personal Data of 20 Million Credit Card Users

Monica E. January 27, 2014 17:26:08

The victims’ personal data was simply copied to a USB stick and passed on to marketing companies. Gamblers are advised to think twice before using their credit cards to bet on sports in South Korea, as local news report that nearly half of the state’s citizens ended up with their credit card information stolen and […]

Korea Mulls Easing Gambling Laws to Bring in Foreign Investors

Tom S. January 9, 2014 14:46:27

If enacted, new tourism strategy to bring in casino development investment from major Las Vegas and Japan-based firms, among others. According to sources the South Korean government is expected to announce a tourism strategy that will make it easier for foreign investors to obtain casino licenses in the country’s special economic zones. Critics of existing […]