South Korea / casino news and reviews

GGRAsia

Crane validator, Easitrax software for Mohegan Inspire

Crane Payment Innovations (CPI) says it is supplying some of its technology to Mohegan Inspire Entertainment Resort, a tourism complex with foreigner-only casino at Incheon, South Korea. CPI, a Crane NXT Co business, said in a press release it would supply its SC Advance note validator (pictured) and Easitrax Web software "across all 550 machines…
Industry
Crane validator, Easitrax software for Mohegan Inspire
theregister.com

North Korea turns to designing gambling websites for cash

North Korea's latest money-making venture is the production and sale of gambling websites that come pre-infected with malware, according to South Korea's National Intelligence Service (NIS). The Service on Wednesday identified South Korean cyber crime organizations as buyers of the sites. Reports allege that the North Korean faction responsible for…
Gambling Sites
North Korea turns to designing gambling websites for cash
Super Slots
nknews.org

North Korea sold illegal gambling sites to South Korean criminals: NIS

China-based company allegedly raised billions of dollars for DPRK regime's slush fund despite sanctions restrictions North Korean IT workers created and sold thousands of illegal gambling websites to South Korean criminals to raise billions of dollars in illicit funds for the Kim Jong Un regime over an unspecified period of time, according to…
Law
North Korea sold illegal gambling sites to South Korean criminals: NIS
Korea JoongAng Daily

North Korean tech workers, South Korean gangsters team up on illegal online gambling

The National Intelligence Service (NIS) said on Wednesday it uncovered a North Korean group running illicit cyber activities cooperating with several South Korean criminal organizations. North Korea's Kyonghung Information Technology Exchange Company, affiliated with the Workers' Party's bureau handling North Korean leader Kim Jong-un's slush…
Incidents
Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.
hudsonreporter.com

Hero Wars: PEGI 12 Game With Hidden Gambling Features?

Hero Wars promises epic mobile gaming adventure, inviting players of all ages to join in the battle against other players and the computer in a world jam-packed with strategy, fantasy, and heroism. However, the allure of this competitive idle-battling RPG may not be as friendly as the cheerful heroes you control suggest. Beneath the shining armor…
Industry
Hero Wars: PEGI 12 Game With Hidden Gambling Features?
Korea JoongAng Daily

Gambling site suspects turned illegal proceeds into fast cars, fine art and fat stacks of cash

Nine people have been indicted on charges related to the operation of an illegal online gambling website and money laundering through purchases of luxury cars, land, and art, prosecutors announced Monday. According to the Busan District Prosecutors' Office, four people have been arrested on suspicion of laundering the proceeds from the website via…
Incidents
Korea JoongAng Daily

Young gangsters busted for laundering illegal gambling money

Prosecutors indicted 34 young people, including Gwangju-based gangsters, for laundering 10 billion won ($7.7 million) gained from illegal online gambling. According to the Gwangju District Prosecutors' Office on Monday, the accused laundered 10.7 billion won in bank accounts opened under other people's names. Five accused were members of the…
Incidents
Korea JoongAng Daily

Gambling addiction on the rise as illegal gaming market flourishes

Mr. Park, a 27-year-old office worker, got addicted to gambling eight years ago at state-run casino Kangwon Land in Jeongseon, Gangwon. For four years, he's been gambling at the Texas Hold'em pubs in the Ingye-dong neighborhood of Suwon, Gyeonggi. The area has one of the highest concentrations of poker pubs in Korea. "A large number of hold'em pubs…
Incidents
TOP LOCATIONS
GGRAsia

Mohegan Inspire still eyes 1Q24 casino debut: president

The new Mohegan Inspire Entertainment Resort in South Korea, which had a soft opening on Thursday for non-gaming facilities including its 1275-room hotel and 15000-seat Inspire Arena, is still hopeful it can launch its foreigner-only casino in the first quarter of next year, affirmed Chen Si, property president, in an interview with…
Travel
Mohegan Inspire still eyes 1Q24 casino debut: president
gamespress.com

"Shot Online’s latest update adds new ‘Legend Pro’ title "

PANGYO, South Korea - November 29th, 2023 - WEBZEN, publisher of the online free-to-play game portal GamesCampus, has released the latest update for its classic online golf game, ' Shot Online' . Developed by WEBZEN ONNET, Shot Online is a massively multiplayer online golf game which has been running for 18 years worldwide. The competitive…
Tournaments
torrentfreak.com

Won't Download a Car? Let's Try: "Piracy Turns Teenagers Into Gambling Addicts" * TorrentFreak

No matter where people live or how much knowledge and experience they've accumulated, governments and corporations rarely shy away from an opportunity to offer behavioral advice. Delivered via TV, radio and the internet, public service announcements enlighten the masses on topics seemingly so complex, they're only fully understood by the few. Even…
Gambling Addiction
Won't Download a Car? Let's Try: "Piracy Turns Teenagers Into Gambling Addicts" * TorrentFreak
Vegas Slots Online

Netflix and Light & Wonder Will Launch a Squid Game Slot

Netflix is partnering with Light & Wonder to launch a slot machine game based on its popular Squid Game series. [Image: Shutterstock.com] Gaming supplier Light & Wonder is partnering with Netflix to launch a new slot machine based on the streaming service's popular Squid Game, a South Korean survival drama. Squid Game is expected to hit casino…
Industry
Netflix and Light & Wonder Will Launch a Squid Game Slot
TOP CATEGORIES
Vents Magazine

The Importance of (Eat and Run Police) in Online Gambling Safety

Safety is paramount in online gambling, where players are eager to guarantee fair gameplay and the security of their funds. This is where the Eat and Run Police( 먹튀폴리스) comes in. They are like the guardians of online gambling, ensuring everything is safe and fair. In this article, we will explore the role of the Police in keeping online gambling…
Incidents
GGRAsia

Jeju Dream Tower Sept casino sales down 20pct m-o-m

Casino sales at the Jeju Dream Tower casino resort (pictured in a file photo), on the South Korean holiday island of Jeju, decreased by 20.0 percent month-on-month in September, to approximately KRW14.33 billion (US$10.6 million), according to a Tuesday filing to the Korea Exchange. August sales had themselves been down 10.9-percent on…
Travel
Jeju Dream Tower Sept casino sales down 20pct m-o-m
West Island

Netflix Venturing into Casino Sector with Squid Game Slot Machine

Netflix has embraced the allure of gambling with a groundbreaking move into the casino and gaming sector. The streaming giant has given a nod to the production of a "Squid Game" slot machine, marking its maiden product-licensing venture in the betting industry. Light & Wonder - a renowned gaming company previously known as Scientific Games - is set…
Movies
TRENDING BRANDS
Sportskeeda

Netflix set to enter the gambling industry with Squid Game slot machines

Streaming mogul Netflix is in the news and not for any upcoming film or show, but for a very quirky reason - A new Squid Game slot machine has received approval from Netflix, marking the streaming mogul's first licensing agreement in the casino and gaming sector. The South Korean survival drama series is one of Netflix's most-watched series of all…
Industry
Netflix set to enter the gambling industry with Squid Game slot machines
Marianas Variety

Netflix's First Casino-Gaming Deal: Squid Game Slot Machine Due 2024

Netflix has given the green light to a new " Squid Game " slot machine - the streamer's first licensing deal in the casino and gambling industry. The slot game is based on one of Netflix's most popular shows of all time, the South Korean survival drama "Squid Game." Built by gaming company Light & Wonder, it will integrate several iconic (and…
Finance
Netflix's First Casino-Gaming Deal: Squid Game Slot Machine Due 2024
GGRAsia

Mohegan Inspire 97pct completed, on target for 4Q launch

Construction of the Inspire Entertainment Resort, a complex at Incheon, South Korea, was "approximately 97 percent" completed at the end of August, according to its promoter, Mohegan Tribal Gaming Authority. "Construction progress is tracking to plan," said the United States-based entity, trading as Mohegan Gaming. The "property opening is still on…
Industry
Mohegan Inspire 97pct completed, on target for 4Q launch
TOP AFFILIATES
GGRAsia

Casino island Jeju drops remote betting idea says local govt

Jeju island (pictured), a South Korean gaming jurisdiction, says it has dropped for now the idea of trying to have what it terms "proxy betting" offered via the floors of its foreigner-only casinos, citing a lukewarm response from the industry. Another topic for the local industry - whether more land-based licences might be granted on the island -…
Industry
Casino island Jeju drops remote betting idea says local govt
chaminadetalon.com

Casino Management Software Market Quantitative, Qualitative and Growth Factors Analysis 2028 -Scientific Games, Chetu, Win Systems

The latest report provides information about the global Casino Management Software market and forecasts the growth prospects and industry trends that could emerge between 2023 and 2028. Future growth was calculated by taking the current growth rate and the entire market size into account. Global Casino Management Software Market report offers…
Industry
Analytics Insight

XRP’s Huge Win Against The SEC! Ripple Pumps 80% As The Market Prepares For Impact On Cryptos Like Scorpion Casino Token and Ethereum

July has been a big month for the crypto world, and we're only halfway through it! Last month, the almost 3-year-long case against Ripple Labs and its cryptocurrency XRP by the SEC finally ended with the crypto coming out as the victor. It was ruled that the token itself was not a security after the SEC accused the company of illegally selling over…
Crypto
XRP’s Huge Win Against The SEC! Ripple Pumps 80% As The Market Prepares For Impact On Cryptos Like Scorpion Casino Token and Ethereum
Asgam

Grand Korea Leisure on the rise in July

South Korean foreigner-only casino operator Grand Korea Leisure reported an 8.8% year-on-year and 5.3% month-on-month increase in casino revenue to KRW31.1 billion (US$24.0 million) in July as its recovery from the COVID-19 pandemic continues in earnest. The July result included a 4.8% rise in table game revenues to KRW27.8 billion (US$21.4…
Travel
Asgam

Korea’s Paradise Co runs bad in July as casino revenue plummets by 32%

Korea's leading foreigner-only casino operator Paradise Co lost some recently gained momentum in July, with casino revenue plummeting by 32.4% month-on-month to KRW63.5 billion (US$49.0 million). Both tables and slots were down, with table game revenue declining by 33.5% to KRW59.7 billion (US$46.0 million) and slots by 9.7% to KRW3.85 billion…
Finance
Korea’s Paradise Co runs bad in July as casino revenue plummets by 32%
Auralcrave

10 Surprising Statistics About Bitcoin Casinos

If there's one cryptocurrency that has managed to retain its buzz from the get-go, it's Bitcoin. It has been a runaway success since its inception and remains one of the best-performing digital currencies, even in the face of last year's crypto market crash. So, it doesn't come as a surprise that online casinos have capitalized on this popularity…
Crypto
10 Surprising Statistics About Bitcoin Casinos
Business Upturn

How online businesses are adapting to the evolving gaming industry

The online gaming industry is one of the fastest-growing sectors in the world today. Although it continuously advances, its impact is felt across different global markets. These technological advancements have made it easier for people to access video games from any location and device, bringing a range of economic advantages to online businesses.…
Industry
How online businesses are adapting to the evolving gaming industry
GGRAsia

S. Korea’s Paradise Co March casino revenue up 130pct y-o-y

Casino revenue at South Korea's foreigner-only casino operator Paradise Co Ltd surged by 129.5 percent year-on-year in March, according to a Tuesday filing by the company to the Korea Exchange. Such revenue was approximately KRW42.71 billion (US$32.6 million), compared to about KRW18.61 billion in March 2022. But the result was down 3.8 percent…
Finance
S. Korea’s Paradise Co March casino revenue up 130pct y-o-y
AGB - Asia Gaming Brief

Online gambling market to grow by $150.5 billion until 2027: report

The global online gambling market is projected to grow by $150.5 billion until 2027, increasing at a compound annual growth rate (CAGR) of 11.03 percent, according to analysts at Technavio. 'The growing demand for mobile gaming is notably driving the market growth. Smartphone penetration is increasing due to the declining average selling price…
Incidents
Online gambling market to grow by $150.5 billion until 2027: report
trendinginpakistan.pk

Online Gambling Software Market Biggest Innovation with Top Key Players -IGT, SBTech, Betconstruct, Playtech, BetRadar, Microgaming, GammaStack, Betsys, Softgamings, Digitain, EveryMatrix, SB Betting Software, Novomatic

The Global Online Gambling Software Market: 2022 has been recently published by the Mr Accuracy Reports. The report offers a cutting edge about the Online Gambling Software market, which helps the business strategists to make the best investment evaluation. The Online Gambling Software market industry report includes details about the historical…
Industry
Online Gambling Software Market Biggest Innovation with Top Key Players -IGT, SBTech, Betconstruct, Playtech, BetRadar, Microgaming, GammaStack, Betsys, Softgamings, Digitain, EveryMatrix, SB Betting Software, Novomatic
Asgam

Korea’s Paradise, GKL finish 2022 on a high as casino sales surge in December

South Korea's leading foreigner-only casino operators, Paradise Co and Grand Korea Leisure (GKL), have this week reported major gains in casino revenue for FY22 - aided by a strong finish to the year in December. In separate filings with the Korea Exchange, Paradise reported casino revenue of KRW350.7 billion (US$274 million) for the year to 31…
Finance
Korea’s Paradise, GKL finish 2022 on a high as casino sales surge in December
Basketball Insiders

Best Online Gambling Sites in South Korea 2022

While gambling laws in South Korea are strict, many get around them by betting online. Online gambling is available through many offshore operators. Whether it be casino games, sports betting or something else you are looking for, our top ranked sites are ideal for gambling for real money online. On this page, we will deliver the best online…
Payment Methods
Saipan Tribune

2nd auction of IPI casino equipment to focus on gaming tables, slot machines

A second auction of gaming equipment owned by embattled Saipan casino operator Imperial Pacific International (CNMI) LLC will take place this Friday, Dec. 9, with the focus shifting to larger equipment. According to Tim Shepherd of receiver Clear Management Ltd., the auction will include the sale of gaming tables, chairs and slot machine stools,…
Land-based
2nd auction of IPI casino equipment to focus on gaming tables, slot machines
Asgam

Casino revenues stabilize for Korea’s Paradise, GKL in November

South Korean foreigner-only casino operators Paradise Co and Grand Korea Leisure both saw their casino revenues fall month-on-month in November, having previously booked significant gains on COVID-19 recovery in October. According to information filed with the Korea Exchange, Paradise saw casino revenues fall 14.9% to KRW39.6 billion (US$30.5…
Finance
Casino revenues stabilize for Korea’s Paradise, GKL in November
Animation Xpress

12 facts about crypto casinos that will impress your friends

Crypto casinos are a new form of gambling that is not regulated by any government. The games are decentralized, meaning that the house does not have control over the game and the odds. Crypto casinos rely on random number generators to create the odds. So, the providers can't cheat or change the game in any way. There are many benefits of playing…
Crypto
12 facts about crypto casinos that will impress your friends
The Video Ink

Casinos in Korea: Everything You Need to Know About the Industry

Restrictions in Korea are the norm. Take North Korea as an example. Crossing its borders with religious or political items can get you into trouble. So, it would be normal to expect gambling to face backlash too. South Korea is not very different regarding restrictions, and many visitors have expressed concerns about their access to casinos. So,…
Strategy Guide
Casinos in Korea: Everything You Need to Know About the Industry
Coin Journal

7 facts about Bitcoin casinos you need to know

Bitcoin casinos have seen a great increase in popularity recently, with many people now looking for cool games to play. On such a website, just like on the vast majority of online casinos, offers great bonuses. But what's unique about these crypto casinos is that they also accept payment with Bitcoin, making it easier for those holding…
Crypto
STL News

7 strange facts about Bitcoin casinos

Bitcoin casinos have seen a great increase in popularity recently, with many people now looking for cool games to play. On such a website, just like on the vast majority of online casinos, offers great bonuses. But what's unique about these crypto casinos is that they also accept payment with Bitcoin, making it easier for those holding…
Crypto
Asgam

Jeju authorities arrest missing suspect in theft of US$13.4 million from Landing Casino

South Korean officials have reopened their investigation into the theft of KRW14.6 billion (US$13.4 million at the time) in cash from safe at Jeju's Landing Casino after one of the suspects was arrested in Dubai. According to information from Korean news outlet Munhwa, the suspect, known as Mr A, was arrested while trying to board a flight from…
Incidents
TMZ

Yasiel Puig Facing Jail Time For Lying To Feds During Illegal Gambling Probe

Former MLB superstar Yasiel Puig is facing up to five years in prison... after he agreed to plead guilty to lying to the feds during their investigation of an illegal gambling ring. Federal prosecutors announced the plea deal on Monday afternoon... saying the ex-Dodgers outfielder intends to make a guilty plea to one count of making false…
Law
Yasiel Puig Facing Jail Time For Lying To Feds During Illegal Gambling Probe
Smartereum

Interesting Facts About Crypto Gambling

If you are interested in blockchain and cryptocurrency and you want to try a new fun hobby, look no further than a crypto casino. These online platforms work almost as the traditional web-based casinos, but in this case, you can use cryptocurrencies to play a wide range of games, as crypto gambling platforms offer a lot of entertainment through a…
Interesting
Interesting Facts About Crypto Gambling
Gambling Insider

Agilysys pens hospitality deal with up-and-coming South Korean Mohegan casino

The deal sees Agilysys' portfolio of customers grow in the Asia region and the agreement with the resort marks the first time Agilysys has worked with an Asian casino property. The new $5bn South Korean casino is expected to open next year, around an hour outside of Seoul - and will feature 1300 new luxury hotel rooms and a 20000 square-metre…
Travel
Midgard Times

Why Are Online Casinos So Popular?

With online casinos, players can browse numerous game lists to see if their favorite casino games are listed and play without getting into any queues The number of online casinos, a popular form of online gambling, has skyrocketed due to increased demand. This statistic only increased with the quarantines and lockdown during the pandemic, so it's…
Payment Methods
The Tech Report

Top 10 Online Gambling Sites in South Korea Reviewed

There are hundreds of online gambling sites currently active in South Korea, making it increasingly intricate to choose a suitable option. We've compiled a list of the best and legitimate online gambling sites in South Korea, based on criteria such as user experience, gaming possibilities, bonuses, and payment methods. Gambling in South Korea is a…
Top and Best
Top 10 Online Gambling Sites in South Korea Reviewed
Security Sales & Integration

IDIS Cameras Secure High-Stakes Poker Tournament at Luxury Casino

The IDIS solution was designed to encourage honest and fair game play and provides operators with complete visual awareness of the gaming tables, casino floor, lounges and other key areas. COPPELL, Texas - IDIS reveals it has been selected to provide advanced video technology to protect a high-stakes poker tournament in a luxury casino in Northern…
Tournaments
The Tech Report

Compare Top Real Money Casino Sites

Those who seek to play casino games in South Korea must register with international operators due to the country's tight gambling legislation. Several of the world's finest online casinos remain accessible, which is fortunate for gamers. Consequently, whether you want to play video slots, Roulette, or quick-win games, here you will find top-rated…
Mobile
Compare Top Real Money Casino Sites
INN

Klaytn Launches Gaming Gas Fee Rebate Program, Paving the Way for Wider Web3 Adoption

Open-source Korean blockchain Klaytn is launching a gas fee rebate program to allow gaming companies to offset gas fees from existing blockchain games built on Klaytn. With the aim of removing barriers to broader web3 adoption, Klaytn's gas fee rebate program will offset both user gas fees shouldered by gaming companies via Klaytn's gas fee…
Finance
Gambling News

South Korean Police Busts Major Illegal Online Gambling Scheme

The South Korean police busted an intricate scheme of illegal online gambling websites that have been operating for years catering to the gambling cravings of foreigners in a country where online gambling is banned. Initially, the South Chungcheong Province police captured 17 people but only 11 were arrested. Allegedly these individuals…
Law
South Korean Police Busts Major Illegal Online Gambling Scheme
Asgam

Sega Sammy: Japanese VIPs heading back to Paradise City

VIP players from Japan are already heading back to Korea following the recent reopening of international borders, according to Japanese gaming giant Sega Sammy Holdings. Outlining the prospects of the group's Korean integrated resort Paradise City - a joint venture with local foreigner-only casino firm Paradise Co - in its June quarter results…
Covid
Sega Sammy: Japanese VIPs heading back to Paradise City
PSU

Pay to Win Games

Pay-to-win games are video games that provide trinkets or other gear that give buyers an advantage over non-paying players in real money. They also make gameplay more immersive as you can access better weapons and other things to help you overcome hurdles. You can access these games from apps and game websites available globally. For instance, real…
Strategy Guide
Pay to Win Games
Gambling News

Jeju Casinos May One Day Offer Online Gambling

South Korea has had a reputation for hosting foreigners who wish to gamble. To this end, Jeju, a popular casino destination within the country, is now trying to figure out if in light of a global pandemic, enabling online gambling would make any sense. COVID-19 has impinged on results, and while Macau is now going to likely suffer the impact of…
Sports
Jeju Casinos May One Day Offer Online Gambling
Kotaku Australia

Diablo Immortal Has Made $AU34.6 Million In The Two Weeks

Despite widespread criticism of its microtransaction strategy, Diablo Immortal is still making a ton of money. Blizzard's latest mobile game has raked in $US24 million ($AU34.6 million) in its first two weeks since launch. As reported by PCGamesN, industry tracking website AppMagic is showing Diablo Immortal downloads have topped 5 million since…
Top and Best
Diablo Immortal Has Made $AU34.6 Million In The Two Weeks
Indian Defence News

Gambling Game Services Market to Witness Huge Growth by 2029 -Melior Games, Chetu, Crocusoft, Unity Technologies, 2WinPower

The Global Gambling Game Services Market: 2022 has been recently published by the Mr Accuracy Reports. The report offers a cutting edge about the Gambling Game Services market, which helps the business strategists to make the best investment evaluation. The Gambling Game Services market industry report includes details about the historical analysis…
Industry
Gambling Game Services Market to Witness Huge Growth by 2029 -Melior Games, Chetu, Crocusoft, Unity Technologies, 2WinPower
AGB - Asia Gaming Brief

Kangwon Land 1Q22 GGR slips sequentially, but non-gaming strong

Kangwon Land, the only casino in South Korea where locals are permitted to gamble, reported a 6.3 percent decline in 1Q22 revenue as a strong performance in non-gaming failed to offset a decline in casino revenue from the prior quarter. The company reported total sales of KRW226.9 billion, while gaming revenue fell 10.5 percent from the prior…
Covid
Kangwon Land 1Q22 GGR slips sequentially, but non-gaming strong
Newspatrolling

How investors from South Korea can start a gambling business

Like other Asian countries with rapidly growing economies, South Korea is fertile ground for the gambling industry. However, authorities keep the sector under tight control, with few legal options for locals, and a flat-out prohibition on online casinos. The population has an obvious interest in betting - South Koreans love to gamble when abroad,…
Finance
How investors from South Korea can start a gambling business
World Casino News

March improvement for South Korean casino operators

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated gross gaming revenues for March decreased by 11.8% year-on-year to approximately $15.58 million. According to a report from Inside Asian Gaming, the result for the Seoul-listed firm nevertheless represents a boost of 11.8% when compared…
Travel
March improvement for South Korean casino operators
Forbes

PUBG Developer Teams Up With Solana Labs To Launch Play-To-Earn Crypto Games

Click on the conversation bubble to join the conversation Krafton, the South Korean gaming giant founded by billionaire Chang Byung-gyu, is expanding it crypto empire by partnering with blockchain startup Solana Labs to develop play-to-earn crypto games. The company behind the popular PlayerUnknown's Battlegrounds (PUBG) video game announced on…
Crypto
PUBG Developer Teams Up With Solana Labs To Launch Play-To-Earn Crypto Games
World Casino News

Russian casino zone inks South Korean commitment

In Russia and the state-owned Primorsky Krai Development Corporation has reportedly signed a deal that is to see South Korean enterprise Plgen Holdings Company Limited bring a $23.9 million casino resort to the Primorye Integrated Entertainment Resort zone. According to a report from Asia Gaming Brief, this arrangement was inked despite the ongoing…
Travel
Russian casino zone inks South Korean commitment
BRYTFM Online

Best Payout Online Casino in South Korea

Players have plenty of options to choose from for the best payout online casinos in the South Korean jurisdiction. Generally, the Korean government is stringent on gambling; hence you may not necessarily find many physical casinos in the region. However, the rise in tech is slowly making online gambling a favorite for many South Korean nationals.…
Payment Methods
Best Payout Online Casino in South Korea
World Casino News

Enterprise enlargement for Kangwon Land Casino

In South Korea and local casino operator Kangwon Land Incorporated has reportedly announced that it is planning to expand the size of the gaming floor within its Kangwon Land Casino property by some 10% to approximately 166690 sq ft. According to a report from GGRAsia, the Seoul-headquartered firm revealed that it additionally intends to increase…
Sports
Enterprise enlargement for Kangwon Land Casino
GGRAsia

Kangwon has plans to expand casino floor by 10pct

Kangwon Land Inc, the operator of South Korea's only casino open to locals, confirmed on Friday that it planned - at a date still to be confirmed - to expand its casino floor area by just over 10 percent, from 14053 square metres (151265 sq. ft) to 15486 sq. metres. The resort will also increase the aggregate seating capacity at its restaurants and…
Covid
Kangwon has plans to expand casino floor by 10pct
Programming Insider

Top 5 Technologies That Have Revolutionized Online Casino Gaming

Several businesses have resolved to take advantage of the circumstances and adjust, using all available gears to improve their services and make them more attractive, approachable, secure, and fun! Thanks to the constant advancement of current technology, as well as the world's alteration to performing during the global epidemic. The real money…
Top and Best
Top 5 Technologies That Have Revolutionized Online Casino Gaming
Asgam

Korea’s Paradise Co sees casino sales fall 53.6% in November

South Korean foreigner-only casino operator Paradise Co saw its casino sales plummet by 53.6% month-on-month to KRW9.90 billion in November, bringing it back in line with revenues reported through most of the past two years. Paradise, which operates Paradise Walkerhill in Seoul, Jeju Grand, Busan Casino Paradise and Paradise City in Incheon, had…
Finance
Korea’s Paradise Co sees casino sales fall 53.6% in November
Pulse

Korean game bet high on social casino games for P2E foray despite clampdown

Game publishers are aggressive upping investments in social casino games as they bet high on legalization of blockchain-based play-to-earn (P2E) games even as regulators clamp down on illicit operation of P2E games. WeMade, a pioneer in the P2E game industry in South Korea, acquired casual game developer SundayToz known for Anipang for 136.7…
Games
Korean game bet high on social casino games for P2E foray despite clampdown
Cryptomode

What makes bitcoin gambling attractive?

During the lockdowns, online casinos have witnessed an increase in popularity. Starting an online casino can be a very successful venture, as seen by some of the many success stories in the industry. Bitcoin is the most popular cryptocurrency because of its high value in dollars. It is now commonly accepted as a means of payment at a broad range of…
Strategy Guide
What makes bitcoin gambling attractive?
GGRAsia

Jeju still mulls online bets in casinos, drops locals idea

Jeju, a semi-autonomous island in South Korea, is still looking at the possibility of permitting its bricks and mortar casinos to offer remote gambling over the Internet to foreign players, as a way of boosting business amid the travel restrictions of the Covid-19 pandemic, according to local media reports. The proposal had been mentioned in…
Covid
Jeju still mulls online bets in casinos, drops locals idea
Legal Desire

What Can Squid Game Teach Us About Responsible Gambling?

Squid Game is the most-watched Netflix show in history having more than 140 million viewers. It is a South Korean drama survival series about unsuspecting volunteers enlisted to play children's games to life and death for the chance of getting 45 billion Korean Won. The series definitely gives some life lessons for those who enjoy gambling as the…
Gambling Addiction
What Can Squid Game Teach Us About Responsible Gambling?
World Casino News

Seoul casino being moved by Grand Korea Leisure Company Limited

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly announced that will be relocating the Seven Luck-branded gambling enterprise it runs within the Millennium Hilton Seoul hotel to the nearby Seoul Dragon City Hotelplex development. According to a report from GGRAsia, the Seoul-listed firm used an official…
Travel
Seoul casino being moved by Grand Korea Leisure Company Limited
Phillipines Lifestyle News

Korean online gambling boss arrested in QC -BI

The Bureau of Immigration (BI) announced the arrest of a South Korean fugitive wanted by authorities in Seoul for operating an illegal gambling site on the Internet. In a report to Immigration Commissioner Jaime Morente, the BI's Fugitive Search Unit (FSU) identified the alien as 45-year-old Lee Jaehun, who was arrested on Tuesday, inside a…
Incidents
Korean online gambling boss arrested in QC -BI
Korea JoongAng Daily

Lee Jae-myung apologizes for son's illegal gambling stint

The ruling Democratic Party's (DP) presidential candidate Lee Jae-myung apologized for his son's past illegal gambling habit on Thursday, following media reports which traced comments on a gambling website to his son's e-mail address. The candidate released an apology through a press release Thursday morning, acknowledging that his 29-year-old son…
Law
Lee Jae-myung apologizes for son's illegal gambling stint
Asgam

Grand Korea Leisure gets unlucky in November as casino sales plummet to US$3.5 million

Foreigner-only casino operator Grand Korea Leisure (GKL) saw casino sales fall to their lowest level of 2021 in November, down 25.4% year-on-year and 55.9% sequentially to KRW4.09 billion (US$3.5 million). With South Korea now seeing its highest daily COVID-case numbers since the start of the pandemic, November's casino sales included a 68.1% fall…
Travel
Grand Korea Leisure gets unlucky in November as casino sales plummet to US$3.5 million
Gambling Insider

GKL posts $5.3m in revenue for March 2021 amid casino reopenings

Grand Korea Leisure (GKL) has posted revenue of KRW5.95bn (US$5.3m) for March 2021 following the reopening of its Seoul casinos. The South Korean foreigner-only operator reported revenue of just KRW507m in February, when only Seven Luck Casino Busan Lotte was operational. GKL had all three of its casinos - Gangbuk Hilton, the Seven Luck-branded…
Finance
GKL posts $5.3m in revenue for March 2021 amid casino reopenings
New York Post

‘Squid Game’ knocked from top Netflix slot by new horror series

Step aside, "Squid Game" - there's a new hit show in town. Netflix's most-watched series has been robbed of its title as the streaming giant's most popular TV show due to newcomer horror series "Hellbound," which is proving to be even more of a mega hit. According to streaming analytics site FlixPatrol, the newcomer nabbed the top slot within 24…
Movies
‘Squid Game’ knocked from top Netflix slot by new horror series
Newspatrolling

Complete Guide to Gambling in South Korea

Gambling is a popular pastime among South Koreans. However, there exist legal hurdles in the country that make gambling challenging. Citizens should understand places or venues of gambling. There are about 23 brick-and-mortar casinos in Korea, and only Sangwon casino allows citizens to gamble. Casinos in South Korea are meant for tourists, and…
Baccarat
GGRAsia

Remote bets, blockchain can aid Jeju casinos: scholars

Jeju island, a semi-autonomous region of South Korea, with its own regulatory system for its foreigner-only casinos, should consider permitting casino-based remote gambling and blockchain technology for casino gambling transactions, to help the sector recover from the Covid-19 pandemic, said respectively several speakers at a Thursday discussion…
Crypto
Remote bets, blockchain can aid Jeju casinos: scholars
iGaming Business

How to be a responsible gambler. Squid Game anti-guide

Uplatform releases responsible gambling message inspired by Netflix series Squid Game. Gambling is interactive, fun, and entertaining; when conducted responsibly. But what if irresponsible behavior leads you to put your own life on the line for the chance to win money? Squid Game depicts the problem of irresponsible gambling at its most extreme and…
Movies
How to be a responsible gambler. Squid Game anti-guide
Skymet Weather

Main Statistics of Gambling Slots in Korea

Slot games are among the most common casino games all over the world. The main reason behind the ever-growing popularity of these games is the simplicity of playing. The outcome of gambling slots is purely based on luck, unlike other casino games like Poker, which depend on strategy. Interestingly, slot machines are also among the most enticing…
Poker
Main Statistics of Gambling Slots in Korea
iGaming Business

Pokermatch casino launches own 'Squid Game'

Gambling platform first to market with unique prize game based on the popular TV series The South Korean drama Squid Game, which is breaking viewing records around the world, has inspired Pokermatch Casino to create its own exclusive promotion. The gaming platform is the first in the industry to respond to the "Squid hype" and offer its users the…
Industry
Pokermatch casino launches own 'Squid Game'
GGRAsia

Remote gambling proposed for foreigner casinos in S. Korea

Loss of sales at South Korea's foreigner-only casinos due to travel restrictions linked to the Covid-19 pandemic, means that sector should be allowed to introduce remote gambling for overseas customers, says one of the country's lawmakers. Lee Sang-heon, a member of the National Assembly's Culture, Sports and Tourism Committee, and who represents…
Sports
Remote gambling proposed for foreigner casinos in S. Korea
The Guam Daily Post

Casino commission explores internet gaming potential

SAIPAN - The Commonwealth Casino Commission last week discussed the potential of internet gaming in the Commonwealth of the Northern Mariana Islands. Casino Commissioner Diego Songao earlier asked commission executive director Andrew Yeom to educate Songao on the operation of internet gaming and its potential to bring fresh revenue into the…
Covid
Casino commission explores internet gaming potential
GGRAsia

Dream Tower casino revenue US$3.6mln in opening 20 days

Lotte Tour Development Co Ltd, operator of the Jeju Dream Tower casino resort (pictured), on Jeju island, South Korea, released on Tuesday - via a note by Hana Financial Investment Co Ltd - its first set of gaming sales data, covering the period from the casino's opening on June 11, to June 30. Gaming revenue for the stub month, was just under…
Finance
Dream Tower casino revenue US$3.6mln in opening 20 days
The Korea Herald

Smilegate’s Lost Ark rewrites rules of online PC game market

Lost Ark, developed by Smilegate, has emerged as the most popular title in the role-playing PC game category in South Korea, a surprising performance given its rise to the top slot took some time and benefited from a host of external factors. The multiplayer game was launched in November 2018. As with other mainstream games, it pulled off a stellar…
Strategy Guide
Smilegate’s Lost Ark rewrites rules of online PC game market
Vegas Slots Online

K-Pop Icon Seungri Jailed for Pimping, Gambling Millions

Seungri is going to jail for three years for his illegal foreign exchange transactions involving millions gambled at Vegas casinos, and for pimping prostitutes in the Gangnam district (pictured above). [Image: Shutterstock.com] A military court in South Korea has sentenced Seungri, a former member of K-pop boy band Big Bang, to three years in…
Incidents
K-Pop Icon Seungri Jailed for Pimping, Gambling Millions
Finsmes

Netmarble Acquires Social Online Casino Platform SpinX

Recently one of South Korea's gaming giants, Netmarble, bought a social casino platform SpinX that is based in Hong Kong. The scope of the deal and its implications make it one of the most interesting and the most influential deals in 2021 when it comes to the online casino industry. If you've been following the news on companies that create and…
Industry
Netmarble Acquires Social Online Casino Platform SpinX
World Casino News

Kangwon Land Casino receives a favorable forecast

Financial services giant JPMorgan Chase and Company has reportedly forecast that South Korea's Kangwon Land Casino will likely record an around 20% sequential rise in third-quarter gross gaming revenues due to'overwhelming demand' from domestic players. According to a report from Inside Asian Gaming, the prediction came after the remote venue…
Industry
Kangwon Land Casino receives a favorable forecast
AJU Business Daily

Netmarble diversifies game portfolio thru acquisition of social casino company SpinX

SEOUL -- Netmarble, a major mobile game developer in South Korea, has set the stage for a diversified game portfolio needed to expand its global presence through a $2.19 billion deal to take over SpinX, a Hong Kong-based company that provides a social casino service where users can play popular casino games like roulette, video poker, slots, and…
Industry
Netmarble diversifies game portfolio thru acquisition of social casino company SpinX
Game Developer

Netmarble acquires SpinX Games for $2.19 billion to expand into social casino genre

South Korean publisher Netmarble has fully-acquired mobile casino game developer SpinX Games for $2.19 billion. Netmarble explained the deal will allow it to expand into a new genre by leveraging SpinX titles like Cash Frenzy, Lotsa Slots, and Jackpot World. The social casino market has proved lucrative for SpinX, recorded $423 million in sales…
Winnings
EconoTimes

Korea’s Netmarble buys SpinX casino game company for $2.1 billion

Netmarble Corp., South Korea's largest mobile gaming company, revealed its plan to buy SpinX Games, a Hong Kong-based casino game firm. It was shared that the acquisition deal will cost the game developer some $2.1 billion. According to Yonhap News Agency, under the agreement, Netmarble Corp. will acquire a 100% stake in Leonardo Interactive…
Games
Korea’s Netmarble buys SpinX casino game company for $2.1 billion
Daijiworld

Netmarble to acquire game company SpinX Games for $2.1 bn

Seoul, Aug 2 (IANS): South Korean game developer Netmarble said on Monday it plans to acquire Hong-Kong based social casino game company SpinX Games in a deal estimated at $2.1 billion. Under the plan, the South Korean company will purchase a 100 percent stake in Cayman Island-based Leonardo Interactive Holdings Ltd., which fully owns the social…
Mobile
Nikkei Asia

Netmarble to acquire casino game maker SpinX for $2.2bn -Nikkei Asia

SEOUL -- Online game developer Netmarble has agreed to acquire Hong Kong-based casino game company SpinX Games for $2.2 billion, in what is being described as the biggest overseas merger and acquisition deal by a South Korean game company. Netmarble said Monday that it had agreed to buy 100% of Leonardo Interactive Holdings, the parent of SpinX, to…
Games
Netmarble to acquire casino game maker SpinX for $2.2bn -Nikkei Asia
Yogonet

South Korean game developer Netmarble acquires social casino SpinX

outh Korean game developer Netmarble Corp has bought Hong K ong-based social casino game company SpinX Games for an estimated $2.19 billion. The acquisition has been done through its holding company based in the Cayman Islands and announced on Monday. Lee Seung-Won, head of Netmarble, said: "On top of the mainstay role-playing game company, the…
Software
The Korea Bizwire

Gambling Addicts at Kangwon Land Drawn to Illegal Gambling Following Casino Shutdown

SEOUL, July 20 (Korea Bizwire) - A recent study revealed that gamblers who once used to frequent Kangwon Land, the country's only casino open to locals, are now engaging in illegal gambling after it was shut down following the coronavirus outbreak. Kim Yong-geun, a member of Kangwon Land's addiction management center, and Hong Hye-mi, a researcher…
Law
Gambling Addicts at Kangwon Land Drawn to Illegal Gambling Following Casino Shutdown
Asgam

Lotte Tour says new casino at Jeju Dream Tower attracting 300 visitors per day

Dream Tower Casino, the recently opened casino at Lotte Tour Development's Jeju Dream Tower, welcomed an average of around 300 visitors per day during the first three weeks of operations, according to local media reports. South Korea news outlet News 1 Korea reported Monday that Dream Tower Casino had achieved casino sales of more than KRW5 billion…
Jobs
Lotte Tour says new casino at Jeju Dream Tower attracting 300 visitors per day
Augusta Free Press

Online gaming industry thriving in 2021

Over the last couple of years, the online gaming industry has consistently been growing. In 2020, the global online gaming market generated around $21.1 billion U.S. dollars in revenue, 21.9 percent growth compared to 2019. With China, Japan, and South Korea having the biggest gaming reach, the online gaming audiences are projected to surpass 1.3…
Industry
Online gaming industry thriving in 2021
Gambling Insider

South Korean police arrest 17 people over illegal gambling

Police in South Korea have investigated illegally operated sports gambling sites, apprehending 38 people and arresting 17 suspects. The worth of the two illegal operations is said to be around KRW900bn ($797m), according to The Korea Herald. The authorities said 17 people who were using the illegal gambling sites were also apprehended for violating…
Law
South Korean police arrest 17 people over illegal gambling
Asgam

Jeju Dream Tower pays out Duo Fu Duo Cai jackpot less than two weeks after opening

It didn't take long for Jeju Dream Tower to prove a winner. Just 12 days after the opening of the IRs new Dream Tower Casino, a Chinese national living in Korea won a KRW204 million (US$180000) jackpot while playing Scientific Games' Duo Fu Duo Cai link on 22 June. According to local media reports, the jackpot is reportedly the highest paid out in…
Winnings
Jeju Dream Tower pays out Duo Fu Duo Cai jackpot less than two weeks after opening