South Korea
TV host sent to prison for gambling
A Seoul judge has sentenced Kim Yong-man, a prominent television host and comedian, to eight months in jail and two years' probation for illegal...
Paradise/ Sega JV acquires Incheon casino
A joint venture by a South Korean casino operator and Japanese gaming company has acquired the Paradise Casino Incheon in a step toward the...
Caesars and Universal rejected
The Ministry of Culture, Sport and Tourism said its review committee had rejected applications from Japan's Universal Entertainment Corp. and from a consortium that...
Illegal gambling overshadows legal forms
Illegal gambling turnover in South Korea is expected to reach 75 trillion won ($67.7 billion) this year, according to a report by the National...
Higher lottery sales cap recommended
The finance ministry recommended that lottery ticket sales next year be capped at 3.61 trillion won ($3.23 billion), up 3.6 percent from this year's...
Deep six for 8City
The developers of the giant proposed 8City resort project in Incheon failed to make deadline to deposit 50 billion won ($45.3 million) to secure...
Lottery Commission faces audit
The Board of Audit and Inspection is probing allegations of corruption involved with contracts awarded by the Korea Lottery Commission as well as auditing...
Leisure tax for Seoul casinos
Seoul plans to broaden its "leisure tax" to cover casinos and online sports gambling in a bid to raise more than 100 billion won...
South Korean coaches regret match fixing
The coaches of the 10 teams in the Korean Basketball League apologized and took responsibility for a match-fixing scandal that led to the arrest...
Caesars expects Korean government reply in May
Caesars Entertainment (Nasdaq:CZR) Chairman Gary Loveman expects the South Korean government to decide by May on the company's proposed joint venture with Lippo Group...