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 [...]
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, 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 [...]