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Legal
August 11, 2025
South Korean Police Bust Crime Ring Extorting Patrons Through Rigged Casinos
South Korean authorities have arrested 12 members of a sophisticated criminal organization that targeted wealthy individuals by inviting them on overseas golf trips, then scammed them out of approximately $850,000 through rigged casino games and extortion schemes. Crime Ring Busted by South Korean Police Identified only as “Mr. A” by the Gyeonggi Southern Police Agency’s […]
Casino
July 25, 2025
South Korea Continues Crackdown on Illegal Gambling, Targets Payment Firms
South Korean authorities have recently finalized a probe into six local payment gateway firms, which now stand accused of having facilitated illegal gambling transactions. The firms may have done so unwittingly but are still subject to the country’s strict gambling laws. Payment Firms Targeted in Latest Bust on Illegal Gambling The Financial Supervisory Service (FSS), […]
Business
July 16, 2025
Casino Stocks in South Korea Increase Thanks to Foreign Tourism
Although South Korea’s eased visa policy for Chinese tourists isn’t set to take effect until later in the third quarter, casino stocks are already climbing in anticipation of a surge in inbound travel. South Korea’s Casino Sector Rises Ahead of Visa Changes for Chinese Tourists South Korea’s gaming industry is already seeing gains ahead of […]
Casino
June 24, 2025
South Korean Convenience Store Owner Booked Over Installing Gambling Machine
Police in South Korea have arrested an anonymous convenience store owner after authorities received a tip that the person had installed a gambling machine on the premises of the venue. The convenience store’s name was not specified, but official reports indicate that it was based near an elementary school, the Bukbu Police Precinct in Ulsan […]
Casino
June 19, 2025
Korean Police Busts $384M Illegal Gambling Ring
Police in South Korea have shuttered a $384-million gambling ring, roughly 530 billion won, which has been operating on the territory of the country for the past five or so years. The website, which used female live dealers, has pocketed at least 27.1 billion won in illicit profits using this model. The police were able […]
Casino
June 13, 2025
Tourism Sector Calls for Tougher Measures against Illegal Gambling
Various representatives of the tourist sector in South Korea met on Wednesday and called on the government to act on two distinct points insofar as gambling is concerned. One is to take stricter measures against the illegal gambling sector that targets nationals and solicits them to travel abroad for gambling. South Korea Wants to Strengthen […]
Casino
June 11, 2025
South Korea Cracks Down on Illegal Gambling Operation That Targeted Teens
South Korean authorities have busted an illegal gambling ring that targeted school children and adults, and that generated a total of $18.2 million in placed wagers at the very least. Police said that they have arrested multiple individuals who were able to entangle at least 100 middle and high school students as gamblers. Gambling Operation […]
Casino
May 27, 2025
South Korean Man Who Sold Gambling Sites Indicted
South Korean prosecutors have indicted a man in his 50s, originally from the country, who operated an intricate network of illegal gambling websites. The person would open the websites and then sell them for profit with the help of North Korean hackers. Man Teams Up with North Korean Hackers to Sell Gambling Sites The hackers […]
Business
May 19, 2025
Bain Capital Considers Selling the Mohegan INSPIRE Resort
Bain Capital, the private equity entity that took control of Mohegan’s new resort in South Korea, is reportedly looking to sell the property. Mohegan, however, believes that a sale would not be in the property and its customers’ best interest. Bain Capital Puts Mohegan INSPIRE Up for Sale Bain Capital, which wrested control of Mohegan’s […]
Lottery
March 5, 2025
South Korea’s Lottery Under Fire After Same Store Sells Two Jackpot Tickets
People are questioning South Korea’s lottery system after two winning jackpot tickets came from the same store leading to talk about possible cheating. Unlikely Double Jackpot Win Sparks Cheating Allegations in South Korea The issue started after the March 1 Donghaeng Lotto draw where 16 people picked all six numbers. While it is not strange […]
