Alex Nevsky August 14, 2014 15:25:08
South Korea is preparing to alter regulations to ease up the casino licensing procedures. In order to jump on the gambling bandwagon in Asia, South Korean gambling laws will be amended providing lower regulations for erecting new integrated resorts. This was confirmed by the Ministry of Culture, Sports and Tourism this week. The integrated resorts […]
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 […]
The free economic zone of Yeongjong is being built up to cater to Chinese and Japanese travelers. The Korean Times reported that the South Korean government is about to issue a license for a mega casino project in Yeongjong Island. The project was proposed by LOCZ, a consortium of Caesar’s Entertainment and the Lippo Group, […]
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