South Korean financial fraud fugitive arrested in Manila, involved in a case amounting to 4.1 billion won.

The Philippines Bureau of Immigration recently arrested a South Korean financial fugitive wanted by Interpol in Parañaque City. The 41-year-old female suspect, Kim Mi-ri, is wanted for her involvement in large-scale investment fraud and money laundering activities in South Korea, with the total amou

Cambodian mango farm scam hub busted, involved amount reaches 8.4 billion Korean Won.

Seoul police announced on September 19 the progress of an investigation into a transnational fraud case. A scam group based in Cambodia, impersonating a well-known asset management company, defrauded 62 South Korean citizens over a period of nearly one and a half years, with a total amount of 8.4 bi

South Korean legislators push for further amendments, proposing a ban on "gacha mechanisms" and enhancing transparency in game drop rates.

South Korea's Democratic Party has once again launched a regulatory offensive against in-game monetization systems, proposing a revised "Game Industry Promotion Act" aimed directly at the criticized "gacha" mechanisms likened to gambling.According to Inven Global, the amendment submitted by party le

IBIA collaborates with the Korea Sports Promotion Foundation to promote the global expansion of bicycle and motorboat betting.

The International Betting Integrity Association (IBIA) and the Korea Sports Promotion Foundation (KSPO) have signed a memorandum of understanding aimed at promoting the global expansion of Korean cycling and motorboat betting. This marks the first collaboration between IBIA and an Asian sports organ

Published: Surpassing the United States? South Korea May Become the Most Active Global Cryptocurrency Trading Market!

South Korean gambling payment industry faces a thunderous crackdown: Six major platforms involved in gambling and fraud collapse, money laundering scandal shakes the financial circle.

The South Korean government is launching an unprecedented crackdown on the domestic payment industry. On July 25, the Financial Supervisory Service (FSS) announced that it had initiated disciplinary proceedings against 6 local payment gateway (PG) companies, on the grounds that these companies were

South Korea considers permanent visa exemption for Chinese tourists; will the casino industry experience a new boom?

South Korean securities company KB Securities recently commented that if South Korea's visa exemption policy for tourists from mainland China continues to be implemented or even "extended indefinitely," the most direct beneficiaries may be the local casinos dedicated to foreigners. This news was dis

South Korean fugitive arrested for forging Philippine identity! Two others suspected of recruiting for illegal POGO work!

Philippine police recently arrested a South Korean fugitive in Makati City, who was using a forged Philippine identity to evade an Interpol red notice. At the same time, two Koreans in Bataan province were arrested for allegedly illegally recruiting compatriots to work in POGO (Philippine Offshore G

A South Korean man was arrested in Makati for forging Filipino identity, exposing an illegal recruitment chain in POGO.

Philippine police have recently launched several raids, arresting three South Korean nationals suspected of illegal activities. The cases involve identity forgery, illegal labor recruitment, and underground gambling, attracting significant public attention.According to GMA TV's "24 Oras Weekend," Ma

Illegal online gambling ring hidden in Clark! Two South Korean red notice fugitives involved in 3.5 billion black money arrested in the Philippines.

The Philippine police have once again struck hard, arresting two South Korean suspects listed as "Red Notice" by INTERPOL for operating an illegal online gambling platform. The arrests took place recently in the Clark Freeport Zone, Angeles City, Pampanga, showcasing the Philippines' escalating effo

South Korea dismantles a 530 billion won transnational online gambling ring: 32 people arrested, 13 detained.

According to the "Central Daily News", the South Korean police recently dismantled an international online gambling syndicate that has been operating illegal gambling websites in Southeast Asia since 2019, handling gambling funds totaling 530 billion Korean won (approximately 384 million US dollars)

South Korea plans to set up an inter-departmental task force to address the spread of overseas online gambling.

As the number of South Korean citizens participating in overseas gambling increases, the Korean tourism sector and regulatory bodies are calling on the government to establish a dedicated task force to systematically address this escalating trend. This suggestion was jointly proposed by the Tourism

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A 5 yuan bet won a 1.1 million jackpot at the Jeju Island Blue Pot Casino, is this Korean gambling?

An astonishing gambling miracle occurred at the "Blue Ding Entertainment" casino in Jeju Shinhwa World Resort, South Korea—a Chinese lady in her 30s wagered only 1,000 Korean Won (about 5 RMB) and won a massive jackpot of 210 million Won (approximately 1.1 million RMB)!On that day, this lucky Chines

South Korea's Gangwon Land encourages small and medium-sized enterprises to enter the gaming industry, promoting domestic casino equipment to go global.

As the only casino operator in South Korea open to its citizens, Kangwon Land has recently launched the "2025 Comprehensive Coexistence Development Plan," aimed at collaborating with domestic small and medium-sized enterprises to co-develop local casino equipment, including slot machines, and relate

Perspective on the South Korean Online Gambling Market: The Struggle Between Legal Vacuum and Underground Economy

The online gambling market in South Korea has formed a unique dual structure under strict bans, with the legal market and the gray area coexisting without contradiction.As one of the few countries globally that comprehensively bans online gambling, South Korea only allows limited legal sports bettin