Korea, Republic of News - Page 3
South Korea Shuts Down Gambling Sites
15 September 2006
nternational News Brief: The South Korean government is continuing to shut down access to Korean-language gambling Web sites, whose operations are based in foreign countries.
South Korean Illegal Casino Busted12 September 2006
International News Brief: A South Korean investigation reveals an illegal casino had raked in 130 billion won from 43,000 gamblers.
Alleged South Korean Gambling Kingpin Arrested31 August 2006
International News Brief: Prosecutors in South Korea have arrested a comedian-turned-entrepreneur who they believe is a central figure in a recent nationwide gambling scandal.
Citizens Proclaim War Against Gambling28 August 2006
International News Brief: A hundred and sixty South Korean senior citizens have launched a nationwide campaign to root out gambling.
South Korean Government Accused in Gambling Scandal21 August 2006
International News Brief: South Korea’s largest opposition Grand National Party on Monday suggested that a number of governing camp leaders have been involved in a video gambling scandal.
South Korea Targets Illegal Gambling26 July 2006
nternational News Brief: The National Tax Service yesterday began tax audits on 54 gaming arcades and internet cafes suspected of running illegal gambling.
Lotteries, Casinos Booming in South Korea28 June 2006
nternational News Brief: In what is seen as a harbinger of change in the pecking order in the South Korea’s legal gambling industry, lotteries and casinos are booming in contrast to a decline in the traditional industry’s mainstay of horse and bicycle racing.
VendingData Receives South Korean Order14 June 2006
VendingData Corporation has received a purchase order for ten Deck Checkers to be installed in the Kangwon Land Casino in Kangwon Province, Korea and the Seven Luck Casino in Seoul.
Korean Air Plans Las Vegas Flights24 February 2006
Lee Jong-hee, president of Korean Air, last week told The Korea Times his carrier will launch direct Las Vegas service by year's end.
Korea's Largest Casino Opens3 February 2006
International News Brief: High rollers and cautious gamblers alike can now try their luck at the South Korea's biggest foreigners-only casino which opened last weekend in Seoul.
New Seoul Casino Opens25 January 2006
International News Brief: Seoul will gain a spacious new casino for foreigners tomorrow when the Grand Korea Corporation opens the first of three gambling halls planned for opening this year.
More South Koreans Seeking Voluntary Casino Ban5 January 2006
International News Brief: A growing number of South Korea’s gambling addicts have asked a local casino to deny them entry to the casino in a desperate bid to return to their normal daily lives.
South Korean Arcades Exploit Gambling Law Loopholes23 December 2005
International News Brief: According to the Ministry of Culture and Tourism, 13,000 adult arcades, betting rooms equipped with simulated horse racing games or slot machines and offe
South Korean Gambling Figures Released4 October 2005
International News Brief: A total of 270,190 people have lost 681.5 billion won gambling in a local casino from October 2004 to July this year, an opposition lawmaker claimed Tuesday.
Hanmoo Loses Casino Contract15 July 2005
International News Brief: The Korea National Tourism Organization has decided to cancel its provisional contract with Hanmoo Convention Co., an operator of the places which the KNTO will lease to run foreigners-only casinos.
Korean Online Casinos Win Big12 July 2005
International News Brief: HanGame, Netmarble, Pmang, and Mgame, local Internet sites providing online gambling games, recorded a 234.3 billion won revenue last year, from a mere 82.4 billion won in 2002.
Adelson Interested in South Korean Project27 June 2005
International News Brief: Sheldon Adelson has expressed an interest in investing in a plan by the South Jeolla provincial government, dubbed the "J-Project," to build South Korea's largest leisure complex.
South Korea Bets on Chinese Gamblers7 June 2005
International News Brief: South Korea is betting on a new $120 million casino project to lure more Chinese gamblers to a market that has traditionally focused on Japanese high-rollers.
Foreign-Only Casino to Open in Seoul26 April 2005
International News Brief: A foreigners-only casino to be operated by the state-run tourism agency will open in southern Seoul at the end of this year, according to Choi Jae-geun, vice-president of the Korea National Tourism Organization.
Koreans Banned from Using Credit Cards at Casinos16 March 2005
International News Brief: Koreans will be prohibited from using credit cards in overseas casinos from next week, the Financial Supervisory Service said.
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