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"South Korea"

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South Korea busts a 17-site Jeju gambling network after a five-year chase across 26 offices
Regulation

South Korea busts a 17-site Jeju gambling network after a five-year chase across 26 offices

Jeju police detained 74 people behind a 17-site illegal gambling network that handled about 491.3 billion won over five years, with three suspects still at large and wanted via Interpol.

South Korea busts record $17.3 billion illegal gambling network built on 10-minute websites
Gambling

South Korea busts record $17.3 billion illegal gambling network built on 10-minute websites

South Korea busted a 188-site illegal gambling network worth $17.3 billion, arresting 77 people including developers who built sites in 10 minutes.

South Korea busts 153-site iGaming network worth $197M
Gambling

South Korea busts 153-site iGaming network worth $197M

South Korean police arrested 9 people behind a network of 153 unlicensed gambling sites that moved roughly $197 million.

South Korea blocks Polymarket over gambling law violation
Regulation

South Korea blocks Polymarket over gambling law violation

South Korea's Communications Standards Commission ordered Polymarket blocked, ruling its prediction markets meet the legal definition of gambling.

South Korea busts $3.3 billion iGaming network run through porn sites
Gambling

South Korea busts $3.3 billion iGaming network run through porn sites

Seoul police arrested two men behind a network of 18 illegal gambling platforms marketed through pornography sites, with $3.3 billion in bets placed.

South Korea police arrest 200 in bank account fraud scheme tied to illegal gambling
Gambling

South Korea police arrest 200 in bank account fraud scheme tied to illegal gambling

Police in Ulsan, South Korea, arrested 200 people over a scheme supplying 211 fraudulent bank accounts to phone fraud and illegal gambling networks.

South Korea arrests 172 people over a betting scheme built on accounts belonging to deaf residents
Regulation

South Korea arrests 172 people over a betting scheme built on accounts belonging to deaf residents

Busan police say a criminal network ran roughly $220 million in illegal betting through bank accounts belonging to hearing-impaired residents, with a sign language interpreter allegedly acting as the recruiter.