Is Gambling In South Korea Illegal?Find the best online gambling sites in your country. When gambling online Korea players should remember that formally according to the South Korean online gambling laws, namely Article 246 of Chapter 23 of the Criminal Act they can be fined up to KRW 5m (USD 4,5k) or even sent to prison for up to 3 years.
Foreign online bookies are skeptical of Korean Citizen Cards and drivers licenses when used as photo ID. If you don't have a Korean Passport you can apply for one 온카 at any of the 14 provincial offices (located in Metropolitan cities) for fast processing (3 days) or can also apply at local city hall (7-10 days to process).
However, there are laws against becoming a habitual overseas gambler.” That may sound silly, but it can quickly become anything but: some business executives have been indicted on the charge after gambling millions in casinos around the world, with large fines and even the possibility of up to three years in prison possible if found guilty.
Similar restrictions caught up with the aforementioned Kangwon Land Casino - since January 2018, the Ministry of Culture, Sports and Tourism (another state body responsible for the gambling industry) gave an order to reduce the casino's operating hours from 20 to 18, and decreased the number of gaming tables from 180 to 160.
Fortunately, Koreans are avid seekers of entertainment in many forms, per capita and discretionary income is up consistently every year for the last decade, and there is always a chance the government will relax its stance and allow Koreans to play in more casinos.
In the last years, Poker Tours started organizing Live Tournaments in Korea, which locals could participate in. Amongst them, the most famous ones were PokerStars Festival Korea, APPT Korea, which both took place at the Incheon Paradise City, and the APT Korea Seoul at the Grand Walkerhill Seoul.
Casino gambling in North and South Korea is like a doughnut in a bakery — only the visitors can taste it. The countries do not allow their residents to participate in gambling activities provided by casino establishments, and they only provide gaming services to foreign visitors.
Local players visit licensed foreign resources and it is worth noting the popularity of clandestine gaming rooms that earn about a billion dollars a year for various resources. Most companies have found this to be a risky enterprise, with the South Korean police having made a number of high-profile raids on illegal online betting rings in recent years.
And with most new casinos also offering dedicated mobile platforms, you can even easily play slots, blackjack, roulette, or table games such as baccarat , straight from your Android or iOS mobile device. That is why for the residents of South Korea approved online casinos recommended by experts are the only viable option to avoid being robbed of their winnings.