South Korea considering proxy betting for foreigner-only casinos
Wednesday 20 de October 2021 / 09:30
⏱ 1 min read
(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
PERU GAMING SHOW – PGS 2026
17 de June 2026
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 2026 / 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.
