South Korean Analysts Lower Casino Earnings Forecasts Amid Government
South Korean financial analysts have downgraded their domestic casino earnings forecasts as the government considers increasing fund contributions for operators.
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South Korean financial analysts have downgraded their domestic casino earnings forecasts as the government considers increasing fund contributions for operators.
Huge illegal gambling operations continue to operate in South Korea, but their days are numbered, as recent police operations have demonstrated, with a new major bust targeting a gambling enterprise that saw $230 million (KRW 320 billion) wagered and exploited people with hearing impairment and used
The South Korean stock market has become a “gambling den,” claimed the leader of the largest opposition party, while accusing President Lee Jae-myung of causing the problem.
South Korea’s Broadcasting, Media and Communications Review Committee will hear Polymarket’s response before deciding whether to take corrective action against the prediction market platform over gambling concerns.
South Korean island communities and famous fishing towns have become a hotbed of illegal gambling activity, police have warned.
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South Korean gambling addiction rates hit a new record high in 2025, while the number of alcoholics fell to its lowest level in a decade.
South Korea versus Mexico is one of the most exciting games to be looking forward to in the Group Stage, as both teams have concluded their opening games, and secured a win.