South Korea considering proxy betting for foreigner-only casinos
Wednesday 20 de October 2021 / 09:30
2 minutos de lectura
(South Korea).- Authorities in South Korea are discussing the introduction of proxy betting in the nation’s 17 foreigner-only casinos as a means of addressing a massive decline in customers due to the COVID-19 pandemic.
According to local news outlet New Daily, Representative Lee Sang-heon, a member of the National Assembly Culture, Sports and Tourism Committee, proposed a “Partial Amendment to the Tourism Promotion Act” earlier this year that would allow VIP customers to place bets remotely using an on-site agent.
The proposal has reportedly been opposed by the Ministry of Culture, Sports and Tourism on concerns the system could allow Koreans to gamble by faking their identities, and that it could lead to excess sales within the gambling industry.
However, Lee noted there is no limit on sales volumes for Korea’s foreigner-only casinos and addressed identity concerns by calling for the introduction of strong security measures.
He also pointed to figures from the Korea Casino Association showing that sales at Korea’s foreigner-only casinos fell 73% year-on-year in 2020 to KRW336.5 billion. Employment has also fallen by 936 people, from 6,020 in 2020 to 5,084 in 2021.
“The casino business is a purely human service that creates a lot of jobs, so a decrease in sales will soon lead to an employment crisis for casino workers,” Lee said.
Categoría:Casino
Tags: Sin tags
País: South Korea
Event
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.