Korea Leisure Industry Institute Archives

Korea’s Golfware Market Expected to Post Solid Growth amid Weak Consumption

SEOUL, May 24 (Korea Bizwire) – Despite the overall slump in private consumption, South Korea’s golfware market is expected to post solid growth this year as more younger people enjoy the sport, industry sources predicted Sunday. According to the Korea Leisure Industry Institute and golf-related clothing makers, the country’s golfware market will likely grow 7.14 [...]

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 [...]