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As a indicates to earn from tax revenues, South Korea allows casinos to stay open for small business but their clientele can only be foreigners. The area has 18 casinos but only one particular is legally open for their locals and this one is situated in the remote and challenging-to-access Gangwon Province exactly where the 2018 Olympics was held. Opened in 2000, Kangwon Land is the sole casino exactly where locals can gamble devoid of being prosecuted. Koreans may possibly be observed as conservatives by most Westerners, especially when it comes to gambling. Korea is a single of the Asian countries where gambling is frowned upon and regarded as illegal. Nevertheless, the government understands that gambling is a profitable business enterprise entity that they can earn from.

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Since there is no safety net to avoid gambling addiction, we should really not permit the expansion of the gambling sector. Jeju’s ice-sports racing, Jeonbuk’s local-allowed casino and Damyang’s horse racing are among Click to find out more the new industries becoming proposed. Nonetheless, as we have noticed with Kangwon Land’s situation, legalizing extra gambling industries will cause extra suicides and bankruptcies.

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