South Korea

A South Korean court has found three of the country’s celebrities guilty of illegal online gambling and ordered them to pay fines based on the amount they gambled, local media said. The celebrities were entertainer Boom, singer Andy of boy band Shinhwa, and comedian Yang Sehyung. Boom and Andy will pay a fine of 5 million won ($4,708) each and Yang Se-hyung will pay 3 million won. The three were part of a group of six Korean celebrities investigated for the crime.

South Korea is pushing to ban the use of cash in buying lotteries in favour of electronic cards to prevent addiction, local media said, citing the country’s Finance Ministry. 

The government has begun working to make it mandatory for people to use electronic cards to purchase lotteries and asked outside experts to carry out research. An electronic card carries personal information of its holders and places a cap on the amount of money that a user can spend on lotteries at one time.

South Korea’s government has reiterated it won’t support a new bill to regulate online games that puts them in the same category of addictive activities as drugs and alcohol, local media reports. The bill was put forward by lawmaker Shin Eui-jin of the ruling Saenuri Party in May. “We are against managing game addiction in the same way as containing drugs, drinking and gambling,” Ministry of Culture and Tourism Director Lee Soo-myung was cited as saying.

Sony Online Entertainment has teamed up with Daum Communications to bring the PlanetSide 2 game to South Korea. Daum will hold exclusive PlanetSide 2 publishing rights, including dedicated servers, local customer support and payment gateways for South Korea.

Police in Seoul have broken up an online gaming ring, arresting six members and booking a further 122 associates, according to local media. The illegal website has been operating from May 2010 to March 2013 in China and the Philippines. 

A daily average of 200 to 300 users are thought to have logged into the site, betting a total of 197 billion won ($185.9 million) during the three-year period. The suspects pocketed a 14.5 percent commission on each bet.

Paradise Group and Sega Sammy are planning to build a $1.7 billion luxury resort in Incheon, near the capital Seoul. The venture aims to tap a surge in Chinese gamblers arriving in the country. The resort will feature a 500-room luxury hotel, convention center, retail venues and a foreigners-only casino. It is expected to open in 2016.


The Ministry of Trade, Industry and Energy in South Korea has said that it will release a comprehensive plan to revise current regulations concerning the establishment and operation of casinos on 11 October.  The foreigner-only casinos are to be set up in Free Economic Zones (FEZs) across the country.  

In an announcement to The Stock Exchange of Hong Kong on Monday, Lippo Group, a joint venture partner with Caesar's Entertainment in a consortium that recently lost a bid for building an integrated resort in Incheon, stated that the consortium was in discussions with the relevant Korean authorities.  The talks 

Following a petition by Chinese company Jiangsu Shagang, Jeju authorities impounded a cruise ship, the MS Henna, owned by another Chinese company HNA Cruise.  The two companies are reportedly in a dispute over debt, 

Sales for South Korea's so-called "pension lottery", which pays out in installments over 20 years instead of in a lump sum, fell 48.1 percent to 68.1 billion won ($62.5 million) in the first half of the year from the same period in 2012.