Gambling News - 'South korea'
Legal
November 25, 2025
South Korean Man Arrested for Defrauding People for Gambling Funds
Police in Busan, South Korea, have taken into custody a man in his twenties who is accused of swindling 11 acquaintances, including a younger colleague from his military service, out of tens of millions of won and spending the money on gambling. Police Arrest Man Accused of Defrauding Friends for Gambling Money The investigation began […]
Casino
November 25, 2025
South Korea Keeps Heat on Illegal Gambling with 5,000+ Arrests
South Korea has put the crack on illegal gambling in the country, leading to the arrest of more than 5,196 people suspected of running or participating in some form of illicit games of chance or betting. The arrests were conducted in the last year alone, and they indicate a heightened activity from South Korean law […]
Legal
November 6, 2025
Korean Police Bust Illegal Gambling Ring and Arrest 7 Suspects
The Incheon Metropolitan Police Agency in Korea has announced the arrest of seven individuals accused of running a large-scale illegal gambling operation. The group allegedly used a counterfeit home trading system (HTS) to imitate overseas futures trading. South Korean Police Arrest Suspected Creators of Illegal Gambling Ring According to authorities, the suspects include a man […]
Legal
November 6, 2025
South Korean Police Bust $3.8B Illegal Gambling Syndicate
The Criminal Investigation Unit of South Korea’s Gangwon Provincial Police Agency confirmed the arrest of 14 individuals linked to a major illegal gambling syndicate. The group is alleged to have managed more than KRW 5.3 trillion ($3.8 billion) in transactions via casino-connected online platforms based in the Philippines. Gangwon Police Dismantle Illegal Gambling Ring Worth […]
Casino
October 31, 2025
Illegal Online Gambling Operation Has Been Dismantled in South Korea
An organized crime network, which has been running an illegal online gambling operation aimed at students and sailors, has been dismantled by the South Korean police on Jeju Island. Alleged bets whose worth has approximated over KRW 22 billion (around $15.3 million) had gone through the organization. 21 individuals suspected of being members of the […]
Casino
October 27, 2025
Bloomberry Announces Planned Spin-Off and Sale of Jeju Sun Casino
Bloomberry Resorts Corporation has confirmed plans to spin off and sell its Korean casino, Jeju Sun, to a local firm. Its indirect South Korean subsidiary, Golden & Luxury Co., Ltd, which is partially owned by another Bloomberry subsidiary, Solaire Korea, signed a Share Purchase Agreement to transfer the casino business to a separate new company, […]
Casino
October 21, 2025
Experts Urge Unified Reform for Korea’s Casino Industry
South Korea’s integrated resort (IR) industry is at a crossroads. During a recent Korea Times Global Business Club event, tourism and policy experts demanded bold reforms to make the sector more competitive, warning that outdated systems and fragmented oversight are holding it back. A Need for Fresh Ideas and Mergers Moderator Seo Won-seok, a professor […]
Sports
September 30, 2025
Arrests Expose YouTuber as Promoter of Gang-Owned Illegal Horse Betting Site
The Seoul Metropolitan Police Agency arrested 29 people believed to be part of a criminal enterprise allegedly running an illegal horse betting site; out of the suspects, six were taken into custody. The site operators were among the arrested. It is believed they had been receiving the help of a horse racing YouTuber with 10,000 […]
Industry
September 16, 2025
South Korea Reports Disconcerting Increase in Adolescent Gambling Harm
South Korea is experiencing serious issues with youth gambling as cases of addiction among adolescents have spiked, leading to astronomical medical costs. South Korea’s Gripes with Adolescent Gambling Increase According to data by the Health Insurance Review and Assessment Service, cases of gambling addiction among adolescents have increased dramatically, soaring from 64 in 2022 to […]
Legal
September 11, 2025
South Korean Police Bust $31M Illegal Gambling Ring Operating from Cambodia
According to The Chosun Daily, South Korean police have arrested ten people connected to an illegal online gambling ring that processed approximately KRW 44 billion (approximately $31,6 million) in transactions. The operation was based in Cambodia to evade domestic law enforcement. Police Bust Illegal Korean Gambling Ring On September 10, the Cybercrime Investigation Team of […]