Wager Mage
Wager Mage
Photo: Anna Shvets
Gambling in Korea is termed illegal, and lawbreakers are judged harshly by the law. Citizens are not allowed to gamble in and outside their country. There are traditional-based casinos that only allow tourists to play in their facilities.
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Read More »Gambling is a popular pastime among South Koreans. However, there exist legal hurdles in the country that make gambling challenging. Citizens should understand places or venues of gambling. There are about 23 brick-and-mortar casinos in Korea, and only Sangwon casino allows citizens to gamble. Casinos in South Korea are meant for tourists, and citizens found gambling are punished severely by the law. The country has set harsh rules that regulate gambling. South Koreans who are found gambling outside the country are punished through imprisonment on their return. South Koreans can wager on boat racing, bike racing, horse racing and participate in lotteries. Our expert, An Jung Su, sheds light on the complete guide to gambling in a South Korea casino.
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Read More »Gambling is a lucrative business that has attracted many investors globally. Despite the strict rules in South Korea, some investors are willing to risk their wealth and lives for the gambling industry. In the United States, gambling revenue stood at $43.6 billion. The gambling industry in the US is likely to surpass $44 billion by the end of 2021. In addition, the industry has created jobs for many citizens in the country. States in Canada that had deemed gambling illegal have started accepting the activity. Poland has taken bills in parliament intending to amend strict rules that control gambling. South Korea should not open its gambling doors at a go but open it in phases. The Korean government is taking stringent measures to prevent gambling addiction. On the other hand, it should teach gamblers the adverse effects of gambling and advocate for responsible gambling.
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