Gambling Archives | Be Korea-savvy
S.E.S’s Shoo Grilled for Not Paying Money Borrowed for Suspected Gambling

S.E.S’s Shoo Grilled for Not Paying Money Borrowed for Suspected Gambling

SEOUL, Aug. 3 (Korea Bizwire) — Prosecutors said Friday they are investigating Shoo, a former member of popular ’90s girl group S.E.S, on charges of borrowing hundreds of millions of won for gambling funds and not paying the money. The 37-year-old member is suspected of having borrowed 350 million won (US$310,476) and 250 million won [...]

Relationship Between Illegal Gambling and Gambling Homemakers a Lasting One

Relationship Between Illegal Gambling and Gambling Homemakers a Lasting One

SEOUL, Sept. 16 (Korea Bizwire) – The recent bust of a gambling ring by South Korean law enforcement agencies has once again turned the national spotlight on the enduring connection between illegal gambling and homemakers. With annual numbers of around 4,000 (number of people discovered by police onsite) involved in illegal gambling in the previous [...]

Government Earned 62.5 Trillion Won through Gambling Industry

Government Earned 62.5 Trillion Won through Gambling Industry

SEOUL, April 12 (Korea Bizwire) – The government earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it through taxes, data showed Wednesday.  The Korea Taxpayers Association analyzed records from the National Gambling Control Commission and found that the government collected approximately 31.55 trillion won in [...]

Korea’s Most Lucrative Casino Breeds Gambling Addicts

Korea’s Most Lucrative Casino Breeds Gambling Addicts

SEOUL, Sept. 30 (Korea Bizwire) – Gangwon Province’s Kangwon Land entertainment resort houses the only casino in Korea open to locals.  The resort was established as part of a government plan to revitalize the dwindling economy in what was once a coal-mining area, following the restructuring of the coal industry in 1989.  The casino opened [...]

Jindo Dog Racing Boosts Breed’s Appeal

Jindo Dog Racing Boosts Breed’s Appeal

JINDO, South Korea, August 1 (Korea Bizwire) – Jindo County in South Korea’s South Jeolla Province is promoting the sport of dog racing, not with greyhounds, a typical racing dog, but with Korean Jindo dogs, which are designated as the 53rd natural treasure of South Korea. Dog racing – or greyhound racing – is a popular [...]

Watchdog Urges Gov’t to Draw up Plans for Gambling Addicts

Watchdog Urges Gov’t to Draw up Plans for Gambling Addicts

SEOUL, July 26 (Korea Bizwire) – South Korea’s state auditor said Tuesday the government should roll out tighter plans to prevent gambling addiction, adding that a large number of addicts are being observed at Kangwon Land Casino, the nation’s only casino open to locals, owned by High1 Resort.  According to the study conducted by the [...]

Baseball Pitcher Voluntarily Reports Match-Fixing Scheme

Baseball Pitcher Voluntarily Reports Match-Fixing Scheme

SEOUL, July 25 (Korea Bizwire) – A South Korean baseball pitcher voluntarily reported that he had engaged in match-fixing schemes in 2014, the governing body of the country’s professional baseball said Sunday.  Yoo Chang-sik, a left-handed pitcher for the Kia Tigers, confessed to his team on Saturday that he had deliberately walked a batter in [...]

Judge-Turned-Lawyer Arrested in Influence-Peddling Scandal

Judge-Turned-Lawyer Arrested in Influence-Peddling Scandal

SEOUL, May 13 (Korea Bizwire) – Prosecutors formally arrested a judge-turned-lawyer accused of accepting billions of won from clients in exchange for promises to use her connections and influence over courts to help them win lighter sentences. The Seoul Central District Court issued the arrest warrant for lawyer Choi You-jeong Thursday night over suspicions that [...]