Is definitely Gambling in South Korea Illegal?

Gambling is without doubt one of the popular pastimes on the planet. However using its potentially addictive mother nature and the social consequences that may entail it’s been deemed illegal in many countries around the globe. As in most of Asia gambling in South Korea is usually, in principle, illegal. It says in the Criminal Act, Post 246 that anyone who gambles or bets for the purpose of gaining property shall be punished by a fine as high as 5 million Won. Article 247 prohibits the opening of a location for the usage of gambling for a income and sets a punishment of imprisonment for no more than 3 years or perhaps a fine of up to 20 million Won.
This law is not a blanket exclusion of gambling and, in Korea you, you can still gamble under restricted instances – a good example being for the promotion of tourism. There has been laws enacted allowing gambling using circumstances.
For example:
a. Casinos
The laws vary for foreigners and Korean citizens. As it stands at the moment the Special Action on the Assistance to the Enhancement of Abandoned Mine Parts allows the running of the only real land based gambling house in Korea that Korean citizens may enter. It is located in Gangwon province, within an abandoned mining district, the remote countryside assisting to further restrict access for Koreans.
For non-Korean citizens the Tourism Promotion Action offers permission for hotels to operate casinos that only foreign nationals are permitted to enter. Such casinos are running in Seoul, Incheon, Jeju Island and so are heavily supervised by the Ministry of Way of life and Tourism.
b. Lotteries
There are 2 lotteries open to Korean citizens the Lotto and the Toto ( a sports lottery). The procedure of and marketing of tickets are regulated beneath the Lottery Fund Act.

c. Racing
Horse racing and gambling at the venues is usually permitted under the Korean Horse Affairs Association Take action and comes under the jurisdiction of the Ministry of Agriculture and Forestry.
Other race sports are also legal and regulated, included in these are cycling and engine boat racing although these both appear under the jurisdiction of the Ministry of Tradition and Tourism.
d. Online Gambling
That is currently a gray place as Korea does not have relevant laws for the specifics of online gambling. Arguments could be designed for both sides – for instance, the monetary transactions will undoubtedly be taking place outside of Korean jurisdiction so can in no way be subject to Korean law, hence it is very unlikely that your money will undoubtedly be seized by anyone. Nevertheless the end user is still in Korea so may be at the mercy of the national laws that apply to general gambling. The National Law enforcement Agency has generated the Criminal Activity Investigation Workforce to help control any potentially unlawful on-line activities, including gambling. This undoubtedly implies that it would be ‘considered’ illegal; although at the moment no cases have been brought to test this.

Author: wpadmin

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