South Korea Law on Betting and Gambling
Overview of the law
In general it can be said that gambling and gambling in South Korea are mostly allowed. But, in this state there is a very strict and special separation from other countries. This is because South Korea allows gambling and gambling, but only for foreign nationals and not Korean ones! This somewhat bizarre legislation goes even further, as Korean nationals cannot play in casinos, even if they are outside their own country. So if a Korean citizen is caught playing in a casino in England, he faces a penalty from the law when he returns to South Korea. This rather harsh legislation is justified by the fact that, in general, Asians and their culture are very attracted to gambling. This is because they are also a people with strong beliefs.
Alternatives for players
However, South Koreans have found their own way to have fun. And they are not few. Among the legal options in South Korea are: horse racing bets, boat races, dog races, national lotteries, etc. The capital of Seoul at one point welcomed and Asian Poker Championship. However this sport is not allowed for ordinary players. In most cases in South Korea you will also find small casinos that operate illegally. These operators are numerous and the Koreans frequent them en masse, taking advantage of the weak controls of the authorities. Legitimate casinos are few in number, and as we said above, reserved only for foreign nationals.
In South Korea, many foreign online operators also operate. These operators are not recognized by domestic legislation, and are considered illegal, but there is no specific law that provides for the punishment of these entities. That is why many South Koreans decide to play their favorite games on these websites, such as: online poker, roulette, baccarat, slot games, etc.
The minimum age to participate in gambling activities and games in South Korea is 19 years old. This applies to all types of gambling, kazino and online betting. Although authorities rarely punish people who break the law, in cases where this happens the penalties are harsh. South Koreans, for example, risk up to three years in prison if caught playing in an overseas casino.
The future of law
Despite the dissatisfaction of Korean players, and the persistent demands for a more open gambling law, the situation in South Korea is not expected to change. At least not in the near future. Asian countries, driven by and quite strict culture and customs, treat the topic of gambling and gambling as a very sensitive issue. Having said that, South Korea remains a pretty good place of entertainment for foreign nationals, but not for Koreans themselves.