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Your Daily Asia Gaming eBrief: Proxy betting could ease pain for Korea’s foreigner-only casinos

Good morning. South Korea’s foreigner-only casinos have been in a “world of hurt”, and are likely to continue to do so for several more years, says industry consultant Ben Lee. The introduction of proxy betting could be a savior for the industry, though there are doubts whether the move would garner sufficient political support.

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Would proxy betting ease pain for Korea’s foreigner-only casinos?

The introduction of proxy betting would be a major boost for South Korea’s struggling foreigner-only casinos, although it’s unclear how much political support there would be for such a move, a leading industry consultant says. “Foreigner-only casinos are languishing,” said Ben Lee, managing partner at iGamiX Management & Consulting. “It’s a world of hurt and it’s likely to go on for several more years. Proxy betting could be a boon,” he said. According to Korean media reports, the government is discussing the potential introduction of some form of remote gaming that would target foreign VIP clients. 

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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