#South Korean

Complete Sports

Baccarat Online in South Korea: History, Strategies, and Platforms

Baccarat, the sophisticated card game synonymous with elegance and high stakes, has found a surprising new home: South Korea. Once reserved for the wealthy elite, Baccarat Online casinos have made this game accessible to everyone. But what exactly makes Baccarat so popular in Korea? This comprehensive guide will explore the reasons behind…

Baccarat ・ 14 July 2024

The Nevada Independent

Gambling has long been taboo in Islamic countries. Now, analysts see UAE as the next Vegas

The United Arab Emirates, a country where almost three-quarters of its population adheres to Islam - a religion that considers gambling a harmful activity - could one day surpass Las Vegas as one of the world's most lucrative casino markets. Despite a gaming ban throughout the Middle East, UAE is creating a gaming regulatory system allowing each of…

Land-based ・ 10 June 2024

GGRAsia

S.Korean slot maker KL Saberi eyes Macau market

South Korea's KL Saberi slot machine brand is aiming to be a fresh face in the Macau casino equipment market, says a manager for its electronic gaming machine development team, in an interview with GGRAsia. "We want to sell linked progressive and standalone progressive machines to the Macau market," stated the person, who asked to be identified…

Winnings ・ 30 May 2024

advanced-television.com

New Squid Game slot machine given green light by Netflix

Netflix has officially inked their first product-licensing deal within the gambling sector. The Squid Game slot machine is set to hit casinos in 2024. The slot is based on one of the most popular shows that the company has released. The South Korean survival drama involves 456 players, all of whom are experiencing financial hardship. They risk…

Movies ・ 17 May 2024

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Radar Online

Unveiling G2E 2023: Squid Game, Wheel of Fortune, & Whitney Houston Slots Take Center Stage

Las Vegas-based Light & Wonder builds on the global success of its Monopoly-themed content, unveiling three new Monopoly games. Additionally, their new Squid Game-themed slots headlined the attraction, riding high on the popularity of the hit South Korean series. Meanwhile, Aristocrat Gaming generated significant buzz with the debut of one of its…

Slots ・ 05 May 2024

Blockchain Reporter

Gamdom Review: The Ultimate Fusion of Crypto Casino and Social Gaming

When it comes to online gambling, Gamdom has established itself as a pioneering force since its launch in 2016. Marking its entry as one of the inaugural platforms to seamlessly blend cryptocurrency with a provably fair gaming experience, Gamdom has transcended beyond mere gambling to offer a vibrant social gaming environment. This Gamdom review…

Payment Methods ・ 21 February 2024

theregister.com

North Korea turns to designing gambling websites for cash

North Korea's latest money-making venture is the production and sale of gambling websites that come pre-infected with malware, according to South Korea's National Intelligence Service (NIS). The Service on Wednesday identified South Korean cyber crime organizations as buyers of the sites. Reports allege that the North Korean faction responsible for…

Gambling Sites ・ 19 February 2024

nknews.org

North Korea sold illegal gambling sites to South Korean criminals: NIS

China-based company allegedly raised billions of dollars for DPRK regime's slush fund despite sanctions restrictions North Korean IT workers created and sold thousands of illegal gambling websites to South Korean criminals to raise billions of dollars in illicit funds for the Kim Jong Un regime over an unspecified period of time, according to…

Law ・ 16 February 2024

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North Korean tech workers, South Korean gangsters team up on illegal online gambling

The National Intelligence Service (NIS) said on Wednesday it uncovered a North Korean group running illicit cyber activities cooperating with several South Korean criminal organizations. North Korea's Kyonghung Information Technology Exchange Company, affiliated with the Workers' Party's bureau handling North Korean leader Kim Jong-un's slush…

Incidents ・ 14 February 2024

GGRAsia

Inspire baccarat bets start circa Macau level says exec

The new Mohegan Inspire Entertainment Resort in South Korea, opened its two-level foreigner-only casino on Saturday, offering 150 table games, 390 slot machines and 160 electronic table games encompassing a live-dealer stadium. The property anticipates that - while bet pricing is dynamic, depending on levels of demand - mass-market live baccarat…

Baccarat ・ 05 February 2024

GGRAsia

Mohegan Inspire still eyes 1Q24 casino debut: president

The new Mohegan Inspire Entertainment Resort in South Korea, which had a soft opening on Thursday for non-gaming facilities including its 1275-room hotel and 15000-seat Inspire Arena, is still hopeful it can launch its foreigner-only casino in the first quarter of next year, affirmed Chen Si, property president, in an interview with…

Travel ・ 01 December 2023

Review Journal

Bellagio on Las Vegas Strip marks 25th anniversary

When you say the name, it immediately evokes a vision of Las Vegas luxury. The stately 3933-room Strip resort turns 25 on Sunday. It seems like only yesterday that Las Vegas turned out on a chilly and breezy Thursday evening to see Steve Wynn's latest lodging masterpiece with a massive casino - one of the city's five largest - a seasonally changing…

Land-based ・ 14 October 2023

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Vegas Slots Online

Netflix and Light & Wonder Will Launch a Squid Game Slot

Netflix is partnering with Light & Wonder to launch a slot machine game based on its popular Squid Game series. [Image: Shutterstock.com] Gaming supplier Light & Wonder is partnering with Netflix to launch a new slot machine based on the streaming service's popular Squid Game, a South Korean survival drama. Squid Game is expected to hit casino…

Industry ・ 13 October 2023

Review Journal

G2E showcases ‘Squid Game’ and Whitney Houston themed slots

Gaming industry members from across the globe are hitting the Las Vegas Strip this week to show off their newest products and innovations at the Global Gaming Expo. From manufacturers to casino operators, 25000 industry professionals are at The Venetian Expo through Thursday to find the newest toys for the casino floor. 'Squid Game' hits the…

Industry ・ 11 October 2023

GGRAsia

Jeju Dream Tower Sept casino sales down 20pct m-o-m

Casino sales at the Jeju Dream Tower casino resort (pictured in a file photo), on the South Korean holiday island of Jeju, decreased by 20.0 percent month-on-month in September, to approximately KRW14.33 billion (US$10.6 million), according to a Tuesday filing to the Korea Exchange. August sales had themselves been down 10.9-percent on…

Travel ・ 11 October 2023

Asgam

Light & Wonder to unveil new slot machine at G2E based on South Korean Netflix series “Squid Game”

Global gaming supplier Light & Wonder will debut a brand-new slot machine based on the popular South Korean series "Squid Game" at G2E in Las Vegas this week. Introducing elements from the most popular Netflix series of all time, the slot machine integrated iconic games from the show such as Red Light, Green Light; Tug of War; and The Glass Tile,…

Movies ・ 09 October 2023

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Netflix Venturing into Casino Sector with Squid Game Slot Machine

Netflix has embraced the allure of gambling with a groundbreaking move into the casino and gaming sector. The streaming giant has given a nod to the production of a "Squid Game" slot machine, marking its maiden product-licensing venture in the betting industry. Light & Wonder - a renowned gaming company previously known as Scientific Games - is set…

Movies ・ 08 October 2023

Sportskeeda

Netflix set to enter the gambling industry with Squid Game slot machines

Streaming mogul Netflix is in the news and not for any upcoming film or show, but for a very quirky reason - A new Squid Game slot machine has received approval from Netflix, marking the streaming mogul's first licensing agreement in the casino and gaming sector. The South Korean survival drama series is one of Netflix's most-watched series of all…

Industry ・ 07 October 2023

Marianas Variety

Netflix's First Casino-Gaming Deal: Squid Game Slot Machine Due 2024

Netflix has given the green light to a new " Squid Game " slot machine - the streamer's first licensing deal in the casino and gambling industry. The slot game is based on one of Netflix's most popular shows of all time, the South Korean survival drama "Squid Game." Built by gaming company Light & Wonder, it will integrate several iconic (and…

Finance ・ 06 October 2023

Punjab News Express

iPhones and Computers are Losing on Indian Online Casino Fans

Recently revealed user statistics by the Casino Days casino platform from the first five months of 2023 show that an astonishing 96.60% of players in the region now use their mobile phones to play real money games, while only 2.90% still rely on computers, and only 0.50% utilise tablets. Computers enjoyed the status of exclusive media for online…

Mobile ・ 16 September 2023

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Korea’s Paradise, GKL continue positive momentum in August as casino revenues rise again

Leading South Korean foreigner-only casino operators Paradise Co and Grand Korea Leisure both reported strong growth in August, continuing their positive momentum since the easing of border restrictions last year. Paradise, which operates Paradise City in Incheon plus casinos in Seoul, Busan and Jeju, saw its casino revenue climb 24.5%…

Finance ・ 05 September 2023

GGRAsia

Casino island Jeju drops remote betting idea says local govt

Jeju island (pictured), a South Korean gaming jurisdiction, says it has dropped for now the idea of trying to have what it terms "proxy betting" offered via the floors of its foreigner-only casinos, citing a lukewarm response from the industry. Another topic for the local industry - whether more land-based licences might be granted on the island -…

Industry ・ 22 August 2023

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Payment Methods ・ 11 August 2023

Analytics Insight

XRP’s Huge Win Against The SEC! Ripple Pumps 80% As The Market Prepares For Impact On Cryptos Like Scorpion Casino Token and Ethereum

July has been a big month for the crypto world, and we're only halfway through it! Last month, the almost 3-year-long case against Ripple Labs and its cryptocurrency XRP by the SEC finally ended with the crypto coming out as the victor. It was ruled that the token itself was not a security after the SEC accused the company of illegally selling over…

Crypto ・ 10 August 2023

Asgam

Grand Korea Leisure on the rise in July

South Korean foreigner-only casino operator Grand Korea Leisure reported an 8.8% year-on-year and 5.3% month-on-month increase in casino revenue to KRW31.1 billion (US$24.0 million) in July as its recovery from the COVID-19 pandemic continues in earnest. The July result included a 4.8% rise in table game revenues to KRW27.8 billion (US$21.4…

Travel ・ 02 August 2023

Yonhap News Agency

(LEAD) Netmarble turns to red in 2022 due to lack of new games

Games ・ 10 February 2023

Asgam

Casino revenues stabilize for Korea’s Paradise, GKL in November

South Korean foreigner-only casino operators Paradise Co and Grand Korea Leisure both saw their casino revenues fall month-on-month in November, having previously booked significant gains on COVID-19 recovery in October. According to information filed with the Korea Exchange, Paradise saw casino revenues fall 14.9% to KRW39.6 billion (US$30.5…

Finance ・ 04 December 2022

The Video Ink

Casinos in Korea: Everything You Need to Know About the Industry

Restrictions in Korea are the norm. Take North Korea as an example. Crossing its borders with religious or political items can get you into trouble. So, it would be normal to expect gambling to face backlash too. South Korea is not very different regarding restrictions, and many visitors have expressed concerns about their access to casinos. So,…

Strategy Guide ・ 29 November 2022

Asgam

Jeju authorities arrest missing suspect in theft of US$13.4 million from Landing Casino

South Korean officials have reopened their investigation into the theft of KRW14.6 billion (US$13.4 million at the time) in cash from safe at Jeju's Landing Casino after one of the suspects was arrested in Dubai. According to information from Korean news outlet Munhwa, the suspect, known as Mr A, was arrested while trying to board a flight from…

Incidents ・ 15 November 2022

Fox 5 Vegas

Overseas flights, big April events boost Las Vegas casinos, data shows

LAS VEGAS (AP) - Gambling in Nevada continued a 14-month hot streak in April and a return of international flights boosted travel nearly to levels seen before the coronavirus pandemic began more than two years ago, according to Las Vegas airport and state casino revenue reports. The state Gaming Control Board said Thursday the $1.13 billion that…

Land-based ・ 12 November 2022

Gambling Insider

Agilysys pens hospitality deal with up-and-coming South Korean Mohegan casino

The deal sees Agilysys' portfolio of customers grow in the Asia region and the agreement with the resort marks the first time Agilysys has worked with an Asian casino property. The new $5bn South Korean casino is expected to open next year, around an hour outside of Seoul - and will feature 1300 new luxury hotel rooms and a 20000 square-metre…

Travel ・ 11 November 2022

Midgard Times

Why Are Online Casinos So Popular?

With online casinos, players can browse numerous game lists to see if their favorite casino games are listed and play without getting into any queues The number of online casinos, a popular form of online gambling, has skyrocketed due to increased demand. This statistic only increased with the quarantines and lockdown during the pandemic, so it's…

Payment Methods ・ 08 November 2022

Security Sales & Integration

IDIS Cameras Secure High-Stakes Poker Tournament at Luxury Casino

The IDIS solution was designed to encourage honest and fair game play and provides operators with complete visual awareness of the gaming tables, casino floor, lounges and other key areas. COPPELL, Texas - IDIS reveals it has been selected to provide advanced video technology to protect a high-stakes poker tournament in a luxury casino in Northern…

Tournaments ・ 03 November 2022

Sigma

Japan warns online gambling is a crime punishable by jail

Japan's National Police Agency has warned the public to stay away from offshore online gambling sites, warning that it is a crime punishable by a hefty fine, or even a jail term. In a statement earlier this week, authorities warned that even if an online site is legally operated overseas, gambling by connecting from within Japan is a crime. The…

Incidents ・ 27 October 2022

The Tech Report

Top 10 Online Gambling Sites in South Korea Reviewed

There are hundreds of online gambling sites currently active in South Korea, making it increasingly intricate to choose a suitable option. We've compiled a list of the best and legitimate online gambling sites in South Korea, based on criteria such as user experience, gaming possibilities, bonuses, and payment methods. Gambling in South Korea is a…

Top and Best ・ 06 October 2022

The Tech Report

Compare Top Real Money Casino Sites

Those who seek to play casino games in South Korea must register with international operators due to the country's tight gambling legislation. Several of the world's finest online casinos remain accessible, which is fortunate for gamers. Consequently, whether you want to play video slots, Roulette, or quick-win games, here you will find top-rated…

Mobile ・ 05 October 2022

Rappler

Online gambling platform M88 Mansion taps Manny Pacquiao as brand ambassador

Boxing legend and famous gambling enthusiast Manny Pacquiao teams up with online gaming platform M88 Mansion, which hints at holding exhibition fights featuring the eight-division world champion MANILA, Philippines - Filipino boxing legend Manny Pacquiao has signed with online gambling platform M88 Mansion as its newest brand ambassador, the…

Industry ・ 16 September 2022

Flashbak

Paid Post: Slotbox Online Casino Ireland

Slotbox Casino - a quick review The online gambling site and slot casino is owned and operated by Slotbox N.V, a Curacao-based corporation that is licensed and regulated by Antillephone N.V. This Irish casino website features a beautiful, well-organized user interface. The casino's menu and a plethora of well-categorized tabs allow quick access to…

Payment Methods ・ 24 August 2022

GGRAsia

Non-China VIPs key target for Asia casinos: marketers

Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. That could be a challenge particularly for Macau operators, that have spent more than a decade generating a lot of their gambling volume from high-value customers from mainland…

Covid ・ 23 August 2022

Gambling News

South Korean Police Busts Major Illegal Online Gambling Scheme

The South Korean police busted an intricate scheme of illegal online gambling websites that have been operating for years catering to the gambling cravings of foreigners in a country where online gambling is banned. Initially, the South Chungcheong Province police captured 17 people but only 11 were arrested. Allegedly these individuals…

Law ・ 12 August 2022

FOX News

10 times hitting the lottery jackpot ended in disaster: 'I wish I'd torn that ticket up'

You can now listen to Fox News articles! Lottery players across 45 states, Washington, D.C. and the Virgin Islands are hoping to hit Friday's $1.1 billion Mega Millions jackpot but more money has resulted in more problems for these ten lottery jackpot winners. Andrew "Jack" Whittaker Jr. became an instant celebrity after winning a record $315…

Winnings ・ 29 July 2022

PSU

Pay to Win Games

Pay-to-win games are video games that provide trinkets or other gear that give buyers an advantage over non-paying players in real money. They also make gameplay more immersive as you can access better weapons and other things to help you overcome hurdles. You can access these games from apps and game websites available globally. For instance, real…

Strategy Guide ・ 24 July 2022

Deadline

Slotbox Online Casino Ireland

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Payment Methods ・ 21 July 2022

Yogonet

online casino player profile in 2022

The experts at Slotegrator, a leading software developer and aggregator, share the key points and insights on the importance of knowing players' profiles -taking into account the typical player's age, country of residence, gender, level of education, and income- in a new comprehensive analysis by Ayvar Gabidullin, Business Development Manager.…

Trust and Safety ・ 07 July 2022

Irish Examiner

Mick Clifford: Don't bet the house on brave new gambling laws

When I was a lad of tender summers, there was a mysterious shop in town bearing the legend'Turf Accountant'. An accountant, I knew, counted money. So, I concluded, what went on behind the closed door and tinted window of the turf accountant was the totting up of how much money the local farmers made through extracting turf from the brown bogs out…

Law ・ 11 June 2022

The Nevada Independent

Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Volatile pricing fluctuations that can…

Land-based ・ 01 June 2022

Havasu News

Data: Overseas flights, big April events boost Vegas casinos

LAS VEGAS (AP) - Gambling in Nevada continued a 14-month hot streak in April and a return of international flights boosted travel nearly to levels seen before the coronavirus pandemic began more than two years ago, according to Las Vegas airport, tourism and state casino revenue reports. The $1.13 billion that casinos statewide reported winning…

Travel ・ 27 May 2022

Upto Brain

The Growth of The Asian Online Betting Industry

Asia happens to be a topic of interest for gambling operators and other keynote industry players. This region which boasts most of the developed economies is home to about 60% of the world's population. Additionally, the region has been witnessing a lightning-fast-paced adoption of digital technologies. While Asia is a continent full of…

Industry ・ 14 May 2022

Newspatrolling

How investors from South Korea can start a gambling business

Like other Asian countries with rapidly growing economies, South Korea is fertile ground for the gambling industry. However, authorities keep the sector under tight control, with few legal options for locals, and a flat-out prohibition on online casinos. The population has an obvious interest in betting - South Koreans love to gamble when abroad,…

Finance ・ 27 April 2022

World Casino News

March improvement for South Korean casino operators

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated gross gaming revenues for March decreased by 11.8% year-on-year to approximately $15.58 million. According to a report from Inside Asian Gaming, the result for the Seoul-listed firm nevertheless represents a boost of 11.8% when compared…

Travel ・ 07 April 2022

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The US Sun

04/05/22 Mega Millions winning numbers drawn ahead of 04/06/22 huge Powerball jackpot

ONE lucky person could get instantly ultra-rich thanks to the Mega Millions, and the most recent winning numbers have been revealed. The winning numbers for Tuesday night's Mega Millions lottery are: 22, 43, 60, 63, 64, and the Mega Ball is 18, with a Megaplier 2x. The top prize of Tuesday's Mega Millions jackpot is $81million on offer or…

Winnings ・ 06 April 2022

The US Sun

04/02/22 Powerball winning numbers drawn for $231m jackpot ahead of 04/05/22 Mega Millions lotto

MONDAY night's Powerball jackpot is quite impressive, and the winning numbers have been revealed. Monday's estimated Powerball jackpot is worth $231million with a cash option of $147.5million. The winning numbers for Monday's draw are: 2, 32, 39, 46, 69, and the red ball is 6, with a Power Play 2x. This comes before Tuesday night's Mega Millions…

Winnings ・ 05 April 2022

Forbes

PUBG Developer Teams Up With Solana Labs To Launch Play-To-Earn Crypto Games

Click on the conversation bubble to join the conversation Krafton, the South Korean gaming giant founded by billionaire Chang Byung-gyu, is expanding it crypto empire by partnering with blockchain startup Solana Labs to develop play-to-earn crypto games. The company behind the popular PlayerUnknown's Battlegrounds (PUBG) video game announced on…

Crypto ・ 24 March 2022

World Casino News

Russian casino zone inks South Korean commitment

In Russia and the state-owned Primorsky Krai Development Corporation has reportedly signed a deal that is to see South Korean enterprise Plgen Holdings Company Limited bring a $23.9 million casino resort to the Primorye Integrated Entertainment Resort zone. According to a report from Asia Gaming Brief, this arrangement was inked despite the ongoing…

Travel ・ 22 March 2022

BRYTFM Online

Best Payout Online Casino in South Korea

Players have plenty of options to choose from for the best payout online casinos in the South Korean jurisdiction. Generally, the Korean government is stringent on gambling; hence you may not necessarily find many physical casinos in the region. However, the rise in tech is slowly making online gambling a favorite for many South Korean nationals.…

Payment Methods ・ 11 February 2022

Programming Insider

Top 5 Technologies That Have Revolutionized Online Casino Gaming

Several businesses have resolved to take advantage of the circumstances and adjust, using all available gears to improve their services and make them more attractive, approachable, secure, and fun! Thanks to the constant advancement of current technology, as well as the world's alteration to performing during the global epidemic. The real money…

Top and Best ・ 26 January 2022

Asgam

Korea’s Paradise Co sees casino sales fall 53.6% in November

South Korean foreigner-only casino operator Paradise Co saw its casino sales plummet by 53.6% month-on-month to KRW9.90 billion in November, bringing it back in line with revenues reported through most of the past two years. Paradise, which operates Paradise Walkerhill in Seoul, Jeju Grand, Busan Casino Paradise and Paradise City in Incheon, had…

Finance ・ 22 January 2022

GGRAsia

Jeju still mulls online bets in casinos, drops locals idea

Jeju, a semi-autonomous island in South Korea, is still looking at the possibility of permitting its bricks and mortar casinos to offer remote gambling over the Internet to foreign players, as a way of boosting business amid the travel restrictions of the Covid-19 pandemic, according to local media reports. The proposal had been mentioned in…

Covid ・ 08 January 2022

Legal Desire

What Can Squid Game Teach Us About Responsible Gambling?

Squid Game is the most-watched Netflix show in history having more than 140 million viewers. It is a South Korean drama survival series about unsuspecting volunteers enlisted to play children's games to life and death for the chance of getting 45 billion Korean Won. The series definitely gives some life lessons for those who enjoy gambling as the…

Gambling Addiction ・ 30 December 2021

Phillipines Lifestyle News

Korean online gambling boss arrested in QC -BI

The Bureau of Immigration (BI) announced the arrest of a South Korean fugitive wanted by authorities in Seoul for operating an illegal gambling site on the Internet. In a report to Immigration Commissioner Jaime Morente, the BI's Fugitive Search Unit (FSU) identified the alien as 45-year-old Lee Jaehun, who was arrested on Tuesday, inside a…

Incidents ・ 27 December 2021

BeInCrypto

Law Enforcement in Vietnam Crackdown on Illegal Crypto Gambling Ring

Police in Vietnam are investigating a case involving the theft of ETH, USDT, and TRON from gambler's wallets by four Vietnamese individuals running an online gambling operation, which is illegal in the communist nation. Embattled police in Vietnam have apprehended 59 individuals, believed to be part of a gambling ring in Ho Chi Minh City, that…

Law ・ 05 December 2021

Gambling Insider

GKL posts $5.3m in revenue for March 2021 amid casino reopenings

Grand Korea Leisure (GKL) has posted revenue of KRW5.95bn (US$5.3m) for March 2021 following the reopening of its Seoul casinos. The South Korean foreigner-only operator reported revenue of just KRW507m in February, when only Seven Luck Casino Busan Lotte was operational. GKL had all three of its casinos - Gangbuk Hilton, the Seven Luck-branded…

Finance ・ 04 December 2021

New York Post

‘Squid Game’ knocked from top Netflix slot by new horror series

Step aside, "Squid Game" - there's a new hit show in town. Netflix's most-watched series has been robbed of its title as the streaming giant's most popular TV show due to newcomer horror series "Hellbound," which is proving to be even more of a mega hit. According to streaming analytics site FlixPatrol, the newcomer nabbed the top slot within 24…

Movies ・ 23 November 2021

GGRAsia

Remote bets, blockchain can aid Jeju casinos: scholars

Jeju island, a semi-autonomous region of South Korea, with its own regulatory system for its foreigner-only casinos, should consider permitting casino-based remote gambling and blockchain technology for casino gambling transactions, to help the sector recover from the Covid-19 pandemic, said respectively several speakers at a Thursday discussion…

Crypto ・ 12 November 2021

Vegas Slots Online

Mohegan Backs Out of $9.3bn Greek Casino Project Plans

US casino giant Mohegan Gaming and Entertainment has officially withdrawn its plans to develop and operate a casino in Greece. Instead, the company intends to increase its focus on the Asian market. the new backdrop created by the COVID-19 global pandemic" The company announced that it had backed out of the plans on Friday last week. It cited "the…

Gaming Authorities ・ 08 November 2021

iGaming Business

How to be a responsible gambler. Squid Game anti-guide

Uplatform releases responsible gambling message inspired by Netflix series Squid Game. Gambling is interactive, fun, and entertaining; when conducted responsibly. But what if irresponsible behavior leads you to put your own life on the line for the chance to win money? Squid Game depicts the problem of irresponsible gambling at its most extreme and…

Movies ・ 26 October 2021

Pocket Gamer

Netmarble picks up social casino developer SpinX Games for $2.19 billion

South Korean mobile developer Netmarble has acquired social casino studio SpinX Games for ₩2.5 trillion ($2.19 billion). The deal will see Netmarble purchase 100 per cent of shares in SpinX Games, as the company continues to expand its offerings while now introducing a new genre to its catalogue. Based in Sheung Wan, Hong Kong and set up in 2014,…

Winnings ・ 26 October 2021

Skymet Weather

Main Statistics of Gambling Slots in Korea

Slot games are among the most common casino games all over the world. The main reason behind the ever-growing popularity of these games is the simplicity of playing. The outcome of gambling slots is purely based on luck, unlike other casino games like Poker, which depend on strategy. Interestingly, slot machines are also among the most enticing…

Poker ・ 22 October 2021

iGaming Business

Pokermatch casino launches own 'Squid Game'

Gambling platform first to market with unique prize game based on the popular TV series The South Korean drama Squid Game, which is breaking viewing records around the world, has inspired Pokermatch Casino to create its own exclusive promotion. The gaming platform is the first in the industry to respond to the "Squid hype" and offer its users the…

Industry ・ 22 October 2021

GGRAsia

Remote gambling proposed for foreigner casinos in S. Korea

Loss of sales at South Korea's foreigner-only casinos due to travel restrictions linked to the Covid-19 pandemic, means that sector should be allowed to introduce remote gambling for overseas customers, says one of the country's lawmakers. Lee Sang-heon, a member of the National Assembly's Culture, Sports and Tourism Committee, and who represents…

Sports ・ 20 October 2021

News18

India Needs Better Regulation to Differentiate Online Gaming from Online Gambling

China, South Korea and Japan are among the many countries that have enacted strict laws to protect minors from video game addiction, writes Shashidhar KJ. (Photo: Reuters) Beijing has enacted new laws to curb video game addiction amongst minors in China and now gamers under the age of 18 will be banned from playing games from 10 pm to 8 am. Gamers…

Law ・ 16 October 2021

Travel Weekly

Resorts World Las Vegas creates tours of its art: Travel Weekly

Using their cellphones to scan QR codes placed near the pieces, guests learn about each work's creation and the artist. "Our team took a unique approach when curating the art program for Resorts World Las Vegas, selecting pieces not just to stick to a theme, but rather choosing the most interactive, intriguing artwork that would add an exciting…

Travel ・ 21 September 2021

Yogonet

Slotegrator's new report gives an overview on Asian markets in 2021

sian markets attract operators with their untapped potential, but the region is not an easy one to enter. Most countries have restrictive gambling and betting regulations, with only a limited number of enterprises legally allowed to operate. However, there seems to be a trend towards gradual legalisation. Many countries where gambling has long been…

Sports ・ 20 September 2021

Vegas Slots Online

K-Pop Icon Seungri Jailed for Pimping, Gambling Millions

Seungri is going to jail for three years for his illegal foreign exchange transactions involving millions gambled at Vegas casinos, and for pimping prostitutes in the Gangnam district (pictured above). [Image: Shutterstock.com] A military court in South Korea has sentenced Seungri, a former member of K-pop boy band Big Bang, to three years in…

Incidents ・ 16 August 2021

Finsmes

Netmarble Acquires Social Online Casino Platform SpinX

Recently one of South Korea's gaming giants, Netmarble, bought a social casino platform SpinX that is based in Hong Kong. The scope of the deal and its implications make it one of the most interesting and the most influential deals in 2021 when it comes to the online casino industry. If you've been following the news on companies that create and…

Industry ・ 16 August 2021

Forbes

Korean Gaming Giant Netmarble Buys Hong Kong Casino App To Further Global Expansion

Netmarble has agreed to buy Hong Kong-based social casino game company SpinX Games for $2.19 billion in a deal that will expand the South Korean gaming giant's business outside its home market amid a surge in gaming during the pandemic. The Seoul-based company says the deal will let the company "continue its global expansion by adding a new genre…

Mobile ・ 06 August 2021

Pulse

Netmarble buying global No. 3 social casino game SpinX for $2.19 bn

South Korean gaming major Netmarble Corp. is acquiring whole ownership in world's third-largest social casino game company for $2.19 billion to reinforce casual game portfolio. Netmarble disclosed on Monday that it would be buying a full stake in Hong Kong-based casino app SpinX Games at $2.19 billion. Shares shot up upon the news, rising 4 percent…

Games ・ 03 August 2021

Game Developer

Netmarble acquires SpinX Games for $2.19 billion to expand into social casino genre

South Korean publisher Netmarble has fully-acquired mobile casino game developer SpinX Games for $2.19 billion. Netmarble explained the deal will allow it to expand into a new genre by leveraging SpinX titles like Cash Frenzy, Lotsa Slots, and Jackpot World. The social casino market has proved lucrative for SpinX, recorded $423 million in sales…

Winnings ・ 03 August 2021

Daijiworld

Netmarble to acquire game company SpinX Games for $2.1 bn

Seoul, Aug 2 (IANS): South Korean game developer Netmarble said on Monday it plans to acquire Hong-Kong based social casino game company SpinX Games in a deal estimated at $2.1 billion. Under the plan, the South Korean company will purchase a 100 percent stake in Cayman Island-based Leonardo Interactive Holdings Ltd., which fully owns the social…

Mobile ・ 03 August 2021

Nikkei Asia

Netmarble to acquire casino game maker SpinX for $2.2bn -Nikkei Asia

SEOUL -- Online game developer Netmarble has agreed to acquire Hong Kong-based casino game company SpinX Games for $2.2 billion, in what is being described as the biggest overseas merger and acquisition deal by a South Korean game company. Netmarble said Monday that it had agreed to buy 100% of Leonardo Interactive Holdings, the parent of SpinX, to…

Games ・ 03 August 2021

Yogonet

South Korean game developer Netmarble acquires social casino SpinX

outh Korean game developer Netmarble Corp has bought Hong K ong-based social casino game company SpinX Games for an estimated $2.19 billion. The acquisition has been done through its holding company based in the Cayman Islands and announced on Monday. Lee Seung-Won, head of Netmarble, said: "On top of the mainstay role-playing game company, the…

Software ・ 02 August 2021

Vizaca

How You Can Generate Revenue With The Leading Developers Of Social Games

The arrival of the first online casinos in the mid-1990s was a milestone in the history of the gambling industry, changing it for good. The iGaming sector has witnessed tremendous growth since then and is currently worth billions of dollars per year. Competition is stiff indeed, with hundreds of online casinos competing for players' real-money…

Strategy Guide ・ 31 July 2021

Gambling Insider

South Korean police arrest 17 people over illegal gambling

Police in South Korea have investigated illegally operated sports gambling sites, apprehending 38 people and arresting 17 suspects. The worth of the two illegal operations is said to be around KRW900bn ($797m), according to The Korea Herald. The authorities said 17 people who were using the illegal gambling sites were also apprehended for violating…

Law ・ 28 June 2021

The Star

Johor cops smash South Korean online gambling syndicate, 10 arrested

JOHOR BARU: Police have busted a South Korean online gambling syndicate that has raked in over RM87mil since it started operations here about two years ago. Johor police chief Comm Datuk Ayob Khan Mydin Pitchay said police raided two bungalows in Iskandar Puteri at around 5pm on Saturday (June 5). "During the raids, police arrested 10 male…

Incidents ・ 17 June 2021

Tunf

Hackers in the Service of the Chinese Government Attack Online Gambling Operators with Ransomware

Hackers are targeting online gambling companies with ransomware data hijacking programs, under the patronage of the Chinese state, which means a change in the way of operating of the Chinese authorities or these cyberspace criminals. A report by Israeli cybersecurity firms Security Joes and Profero confirmed that five online gambling operators…

Trust and Safety ・ 09 May 2021

The Wall Street Journal

Police Hunt Woman After $13 Million Vanishes From South Korean Casino

Police in South Korea are scouring the country for leads in the disappearance of millions of dollars in cash from a casino on a popular holiday island. Jeju Shinhwa World, one of the largest resorts on Jeju Island, reported to police earlier this month that over 14 billion won, equivalent to $13 million, had gone missing from the Landing Casino,…

Incidents ・ 07 May 2021

Asgam

Paradise Co casino sales stabilize in August but down 75% year-on-year

South Korean foreigner-only casino operator Paradise Co reported casino sales of KRW17.30 billion (US$14.6 million) in August - down 75% year-on-year but flat compared with July. With table game sales almost identical month-to-month at KRW15.41 billion (US$13.0 million) - slots fell 3.3% to KRW1.90 billion (US$1.6 million) - the numbers look likely…

Covid ・ 07 May 2021

Tech Guide

Top 5 Technologies That Will Innovate Online Gambling Industry

Gambling, like any other industry, is undergoing a massive technological transformation. With millions of gamblers shifting to the web from land-based casinos, eGaming is the future of gambling. These changes are mostly attributed to technologies that make it easier for gamblers to play online casino games conveniently and safely. And as the…

Top and Best ・ 07 May 2021

Asgam

Korean games supplier Neowiz signs 5-year deal to use Kangwon Land slot machine content

South Korean online games publisher Neowiz has signed a deal with Kangwon Land granting it rights to use the content of Kangwon-owned slot machines on its platforms for a period of five years. Located in Gangwon Province around 150 kilometers from Seoul, Kangwon Land is the only casino nationwide in which Koreans are permitted to gamble. The…

Games ・ 07 May 2021

GGRAsia

Kangwon Land casino reopens, GKL with Busan ops

Kangwon Land Inc, promoter of Kangwon Land (pictured), says it resumed operations there at 10am on Monday (February 15), after more than two months of closure. The complex is the only authorised provider in that country of casino gaming to South Korean nationals. Due to Covid-19 countermeasures, the venue operated by Kangwon Land Inc has had…

Travel ・ 17 February 2021

Gambling Insider

Paradise Co January sales down 62% year-on-year

Paradise Co Ltd has reported January sales of KRW27.3bn (US$24.5m), representing a 62% year-on-year decline. The total was also a 36% month-on-month decrease. The South Korean casino operator, open to foreign nationals only, has been heavily affected by the COVID-19 pandemic, as with both the casino market and tourism market in the country more…

Covid ・ 04 February 2021

Gambling Insider

Unidentified cash worth $7.4m found amid probe at South Korean casino

South Korean police have discovered unidentified cash worth KRW8.1bn ($7.4m) at a resort casino on Jeju Island, potentially connected to alleged theft by an employee at the company. The Jeju Provincial Police Agency confirmed that investigators are in the process of analysing if the banknotes - discovered at a safe at the casino - are part of the…

Incidents ・ 19 January 2021

Gambling Insider

SoftSwiss enters new markets of Japan, India and South Korea with its innovative solutions

SoftSwiss, an international tech company with a focus on the entertainment sector has recently expanded to Indian, Japanese and South Korean markets with its most renowned solutions for iGaming and sports betting industries. SoftSwiss state-of-the-art solution Online Casino Platform is now fully equipped and integrated with all the local…

Sports ・ 19 January 2021