gambling industry Archives

Farmers, Livestock Raisers Rally Against Proposed Gambling E-Card System

SEOUL, Feb. 24 (Korea Bizwire) — As the South Korean government tries to introduce an electronic card purchasing system in the gambling industry to limit per capita betting, and to reduce gambling addiction, local farmers and livestock raisers are protesting against the policy, claiming that the e-card introduction could reduce subsidies for the development of [...]

Gambling Industry Remains Standstill at 18.2 Tril. Won Sales in 2013

SEOUL, June 12 (Korea Bizwire) – A study said Korea’s legally sanctioned gambling industry (not including foreigners-only casinos and bullfighting) has stopped growing since 2006. According to a white paper published on June 9 by the Korea Leisure Industry Institute, the 2013 sales revenue of the gambling industry was 18,284.7 billion won, the almost same [...]