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These news stories on others point to a growing problem of underground casino web sites in Korea. The close to full prohibition of gambling here has only sparked demand, and some people today are prepared to take huge dangers to fulfill that demand. The government has even stated its intention to apply laws formerly reserved for the mafia to classify underground gambling rings as criminal enterprises. People caught operating an underground casino serving Koreans can now face penalties as harsh as life in prison.
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Positioned on the once-bustling Jeju Island, the property saw EBITDA of KRW1.48 billion (US$1.23 million) last month. This was made attainable, in element, thanks to the KRW8.13 billion (US$six.75 million) in gaming income received. The excellent news is that in December, casino sales added 203% from November’s final amount, according to the operator’s announcement. This came off a 15.7% improvement in table drop, which closed at KRW159.85 billion (US$133.3 million). The international casino market continues struggling as it tries to fight off COVID-19. This is specifically true of South Korea’s marketplace, though there was 1 development that enhanced in 2021.
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