MUJU, South Korea, Nov. 17 (Korea Bizwire) — A 15-year-old boy said he wishes he could turn the clock back to before he began gambling, as he has been staying in the remote rural village of Muju for a treatment program after losing more than 100 million won (US$76,934) to gambling. The middle schooler, who [...]
SEOUL, Sept. 9 (Korea Bizwire) — Packaging tape used for parcel delivery services have been printed with the stories of individuals who overcame addiction to gambling. The state-run Korea Center on Gambling Problems said Wednesday it had distributed 5,000 units of packaging tape printed with stories of gambling addiction recovery to 15 post offices across [...]
SEOUL, Oct. 4 (Korea Bizwire) — Two in three patients with addiction to gambling are in their 20s and 30s. According to the Health Insurance Review and Assessment Service, 5,113 people have been diagnosed with gambling addiction thus far, 67.8 percent of whom were in their 20s and 30s. The number of patients in their [...]
SEOUL, Aug. 28 (Korea Bizwire) — Seoul police questioned Seungri, a former member of the K-pop boy band BIGBANG, Wednesday over allegations of illegal overseas gambling. The disgraced singer returned home at around 10:20 p.m. after nearly 12 1/2 hours of interrogation at the Seoul Metropolitan Police Agency. He was booked earlier this month over [...]
SEOUL, Jul. 8 (Korea Bizwire) — Recently released data proves the hypothesis that teenagers are more easily addicted to gambling, such as online sports gambling, and that once they are addicted, it is hard for them to kick the habit. According to a recent report submitted to the National Assembly by the Korea Center on [...]
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 [...]
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 [...]
SEOUL, Aug. 30 (Korea Bizwire) — On August 27, a four-year saga that had pitted local residents and a growing number of government officials against South Korea’s horse racing establishment drew to a close, as the mayor of Seoul, the president of the Korea Racing Authority (KRA) and various politicians and luminaries shook hands to [...]
JEONGSEON, South Korea, April 14 (Korea Bizwire) – The number of voluntary bans to the Kangwon Land Casino – the only gambling venue that grants access to locals – is on a rapid rise. As part of the casino’s initiatives to curb gambling addiction, players can request a three-year ban. They can make up to [...]
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 [...]