Latest iGaming and regulatory news tagged South Korea.
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South Korea's political landscape has been rocked by accusations that the country's stock market has been transformed into a "gambling den," with the leader of the main opposition party directly blaming President Lee Jae-myung for the situation. People…
The Korea Communications Standards Commission (KCSC) has decided to give Polymarket an opportunity to respond to allegations that the platform is engaging in illegal gambling activities. The KCSC's Communications Review Subcommittee concluded that it would wait for an…
A South Korean court has sentenced a 28-year-old man to five years in prison for attempting to murder his mother in order to conceal his gambling debts. The man, who was addicted to sports betting, consulted an undisclosed…
South Korean police have launched an investigation into allegations that a casino in Jeju province rigged blackjack games to ensure customers lost money. The probe was initiated following a tip-off from Jeju Province officials, according to a report…
Police in South Korea have issued a warning about the prevalence of illegal gambling in fishing communities and island regions, following a raid on a clandestine betting group on the island of Wando, South Jeolla Province. According to…
