Can be Gambling in South Korea Illegal?

Gambling is without doubt probably the most popular pastimes on the planet. However with its potentially addictive character and the social consequences that may entail it has been deemed illegal in lots of countries around the globe. As generally in most of Asia gambling in South Korea is usually, in principle, illegal. It says in the Criminal Act, Article 246 that anyone who gambles or bets for the purpose of gaining property will be punished by a fine of up to 5 million Won. Article 247 prohibits the opening of a location for the usage of gambling for a income and models a punishment of imprisonment for no more than 3 years or a fine as high as 20 million Won.
This law is not a blanket exclusion of gambling and, in Korea you, it is possible to still gamble under restricted circumstances – a good example being for the advertising of tourism. There has also been laws enacted allowing gambling using circumstances.
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For example:
a. Casinos
The laws vary for foreigners and Korean citizens. As it stands right now the Special Action on the Assist with the Development of Abandoned Mine Locations allows the running of the only real land based casino in Korea that Korean residents may enter. It is located in Gangwon province, in an abandoned mining district, the remote countryside assisting to further restrict accessibility for Koreans.
For non-Korean residents the Tourism Promotion Act offers permission for hotels to use casinos that only overseas nationals are permitted to enter. Such casinos are currently running in Seoul, Incheon, Jeju Island and so are greatly supervised by the Ministry of Tradition and Tourism.
b. Lotteries
There are 2 lotteries open to Korean citizens the Lotto and the Toto ( a sports lottery). The operation of and providing of tickets are regulated under the Lottery Fund Act.
c. Racing
Horse racing and gambling at the venues is certainly permitted under the Korean Horse Affairs Association Take action and comes beneath the jurisdiction of the Ministry of Agriculture and Forestry.
Other race sports are also legal and regulated, these include cycling and motor boat racing although these both come beneath the jurisdiction of the Ministry of Traditions and Tourism.
d. Online Gambling
This is currently a gray spot as Korea doesn’t have relevant laws for the specifics of online gambling. Arguments could be designed for both sides – for example, the monetary transactions will undoubtedly be taking place beyond Korean jurisdiction so can by no means be at the mercy of Korean law, hence it is extremely unlikely that your money will undoubtedly be seized by anyone. Nevertheless the end user continues to be in Korea so may be subject to the national laws that connect with general gambling. The National Law enforcement Agency has established the Criminal Activity Investigation Group to help control any potentially unlawful online activities, including gambling. This certainly implies that it would be ‘considered’ illegal; although at the moment no cases have been brought to test this.

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