Sports games analysis and South Korea’s gambling law

Sports games analysis and South Korea’s gambling law

Betting News
Sports games analysis and Guided TOTO betting in Korea However, South Korean casinos are only available for foreigners - local residents are only allowed in one South Korean casino, Gangwonland, for which the restriction against the entrance of local residents is relaxed pursuant to the Special Act on Support of Development of Abandoned Mine Areas. Online gambling is strictly prohibited under South Korean law. The reason for this is that South Korean laws do not make a distinction between land based and online gambling. According to Article 247 of the Criminal Code, anyone conducting illegal gambling in South Korea is subject to criminal prosecution and faces charges of up to 5 years in prison or KRW 30 million (approx. $26,000). This clause is pertinent to online gambling operations as well.…
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Raketech Launches Urheiluveikkaus.com as its Flagship Sports Betting Product for Finland

Betting News
Raketech has extended its reach in the Nordics with the launch of sports betting community Urheiluveikkaus.com – a platform dedicated to providing high-quality sports betting content and expert betting tips to the Finnish market. Urheiluveikkaus.com is a sports betting affiliate product that provides a hub of sports betting content, including industry news, the latest campaigns and operator reviews, delivering a lightning fast and seamless user experience to sports fans in Finland. (more…)
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