WHAT IS GAMBLING IN SOUTH KOREA

 




In South Korea gambling is a crime under Chapter 23 of the Criminal Act. Article 246 stipulates that a person gambling for the purpose of gaining property shall be punished with a fine of not more than five million won. Because we have so many forms of legal gambling here now, this has been amended to exempt gambling which is for momentary pleasure. This same section also stipulates that habitual gamblers be punished by a prison sentence up to 3-years or a fine up to 20 million won.



WHAT IS THE LEGAL GAMBLING IN SOUTH KOREA

 The legal gambling age in South Korea is 18 and this covers the great gambling areas of Jeju and Seoul. South Korea has become one of the most advanced nations in the world. The economy is thriving, the healthcare system is one of the best around and is a world leader in technology. It’s also great for gambling. There are 30 casinos in South Korea and 3 horse racing tracks to enjoy. And with online gambling available too, there are plenty of options to enjoy the gambling experience… for tourists. Residents are almost fully prohibited from any form of gambling, with exceptions being activities that have been specially legislated for. These include horse racing, bicycle racing and a selection of sports betting options. Koreans may also participate in some lotteries too. 


WHAT ABOUT ONLINE GAMBLING

Online gambling is strictly illegal in South Korea, with the government taking an active role in policing it. South Korea’s National Intelligence Service recently reported that North Korea had begun to operate online gambling sites targeting South Korean players — as well as punters in China and Malaysia — to earn revenue to power the North Korean regime. There is an underbelly of illegal South Korean gambling providers that offer their services on the internet. But just like their customers, they are liable to prosecution from the state and there are several high-profile examples of government crackdowns on both gambling operators and players.


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