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South Korean gambling payment industry faces a thunderous crackdown: Six major platforms involved in gambling and fraud collapse, money laundering scandal shakes the financial circle.

South Korean gambling payment industry faces a thunderous crackdown: Six major platforms involved in gambling and fraud collapse, money laundering scandal shakes the financial circle.

The South Korean government is launching an unprecedented crackdown on the domestic payment industry. On July 25, the Financial Supervisory Service (FSS) announced that it had initiated disciplinary proceedings against 6 local payment gateway (PG) companies, on the grounds that these companies were

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South Korea considers permanent visa exemption for Chinese tourists; will the casino industry experience a new boom?

South Korea considers permanent visa exemption for Chinese tourists; will the casino industry experience a new boom?

South Korean securities company KB Securities recently commented that if South Korea's visa exemption policy for tourists from mainland China continues to be implemented or even "extended indefinitely," the most direct beneficiaries may be the local casinos dedicated to foreigners. This news was dis

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South Korean fugitive arrested for forging Philippine identity! Two others suspected of recruiting for illegal POGO work!
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South Korean fugitive arrested for forging Philippine identity! Two others suspected of recruiting for illegal POGO work!

Philippine police recently arrested a South Korean fugitive in Makati City, who was using a forged Philippine identity to evade an Interpol red notice. At the same time, two Koreans in Bataan province were arrested for allegedly illegally recruiting compatriots to work in POGO (Philippine Offshore G

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A South Korean man was arrested in Makati for forging Filipino identity, exposing an illegal recruitment chain in POGO.

A South Korean man was arrested in Makati for forging Filipino identity, exposing an illegal recruitment chain in POGO.

Philippine police have recently launched several raids, arresting three South Korean nationals suspected of illegal activities. The cases involve identity forgery, illegal labor recruitment, and underground gambling, attracting significant public attention.According to GMA TV's "24 Oras Weekend," Ma

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Illegal online gambling ring hidden in Clark! Two South Korean red notice fugitives involved in 3.5 billion black money arrested in the Philippines.

Illegal online gambling ring hidden in Clark! Two South Korean red notice fugitives involved in 3.5 billion black money arrested in the Philippines.

The Philippine police have once again struck hard, arresting two South Korean suspects listed as "Red Notice" by INTERPOL for operating an illegal online gambling platform. The arrests took place recently in the Clark Freeport Zone, Angeles City, Pampanga, showcasing the Philippines' escalating effo

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South Korea dismantles a 530 billion won transnational online gambling ring: 32 people arrested, 13 detained.

South Korea dismantles a 530 billion won transnational online gambling ring: 32 people arrested, 13 detained.

According to the "Central Daily News", the South Korean police recently dismantled an international online gambling syndicate that has been operating illegal gambling websites in Southeast Asia since 2019, handling gambling funds totaling 530 billion Korean won (approximately 384 million US dollars)

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South Korea plans to set up an inter-departmental task force to address the spread of overseas online gambling.

South Korea plans to set up an inter-departmental task force to address the spread of overseas online gambling.

As the number of South Korean citizens participating in overseas gambling increases, the Korean tourism sector and regulatory bodies are calling on the government to establish a dedicated task force to systematically address this escalating trend. This suggestion was jointly proposed by the Tourism

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Essential for Entering the Korean Market! Kakao Registration Tutorial!
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Essential for Entering the Korean Market! Kakao Registration Tutorial!

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A 5 yuan bet won a 1.1 million jackpot at the Jeju Island Blue Pot Casino, is this Korean gambling?

A 5 yuan bet won a 1.1 million jackpot at the Jeju Island Blue Pot Casino, is this Korean gambling?

An astonishing gambling miracle occurred at the "Blue Ding Entertainment" casino in Jeju Shinhwa World Resort, South Korea—a Chinese lady in her 30s wagered only 1,000 Korean Won (about 5 RMB) and won a massive jackpot of 210 million Won (approximately 1.1 million RMB)!On that day, this lucky Chines

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South Korea's Gangwon Land encourages small and medium-sized enterprises to enter the gaming industry, promoting domestic casino equipment to go global.

South Korea's Gangwon Land encourages small and medium-sized enterprises to enter the gaming industry, promoting domestic casino equipment to go global.

As the only casino operator in South Korea open to its citizens, Kangwon Land has recently launched the "2025 Comprehensive Coexistence Development Plan," aimed at collaborating with domestic small and medium-sized enterprises to co-develop local casino equipment, including slot machines, and relate

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Perspective on the South Korean Online Gambling Market: The Struggle Between Legal Vacuum and Underground Economy

Perspective on the South Korean Online Gambling Market: The Struggle Between Legal Vacuum and Underground Economy

The online gambling market in South Korea has formed a unique dual structure under strict bans, with the legal market and the gray area coexisting without contradiction.As one of the few countries globally that comprehensively bans online gambling, South Korea only allows limited legal sports bettin

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South Korea's casino policy greatly relaxed! Gangwon Land's high-stakes betting limit triples to attract customers, industry calls it a response to the impact of the Thai and Japanese markets.

South Korea's casino policy greatly relaxed! Gangwon Land's high-stakes betting limit triples to attract customers, industry calls it a response to the impact of the Thai and Japanese markets.

On May 20, the Ministry of Culture, Sports and Tourism of South Korea approved a major reform plan for the Gangwon Land Casino, significantly raising the maximum betting limits for blackjack and Texas Hold'em poker tables from 100,000 KRW ($71.9) to 300,000 KRW ($215.7), with the new regulations bei

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South Korea Cracks Down on Major Online Gambling Site: Involved Amount Exceeds 11 Million USD

South Korea Cracks Down on Major Online Gambling Site: Involved Amount Exceeds 11 Million USD

The Cyber Investigation Department of the Southern Gyeonggi Provincial Police in South Korea recently cracked a major online gambling case, with 19 suspects involved in operating illegal gambling websites being transferred to the prosecution.This criminal group illegally profited approximately 11 mi

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"South Korea, a Major Gambling Nation" - Devastated by Cryptocurrency and Futures Trading
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"South Korea, a Major Gambling Nation" - Devastated by Cryptocurrency and Futures Trading

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Following loss of Korea integrated resort, Mohegan focused on NYC casino bid

Following loss of Korea integrated resort, Mohegan focused on NYC casino bid

Since the stunning news in February that it had lost operational control of Inspire, the nearly $1.7 billion integrated resort it opened last year in South Korea, Mohegan has had little or nothing to say about it publicly.A topic it might prefer to discuss in the weeks and months ahead is its bid fo

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South Korean casino operator Grand Korea Leisure (GKL) has developed a new casino game, BROG, aimed at attracting younger guests, inspired by "Squid Game".

South Korean casino operator Grand Korea Leisure (GKL) has developed a new casino game, BROG, aimed at attracting younger guests, inspired by "Squid Game".

The innovative casino game BROG made its debut at the Jeju Shinhwa World Casino in South Korea and was launched last month at the Seoul Dragon City casino operated by Grand Korea Leisure (GKL), with plans to expand to other casinos in three months. BROG is the first table game developed and approved

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