Is Gambling in South Korea Illegal?

Is Gambling in South Korea Illegal?
Gambling is without doubt one of the most popular pastimes on the planet. However with its potentially addictive nature and the social consequences that this may entail it has been deemed illegal in many countries around the world. As in most of Asia gambling in South Korea is, in principle, illegal. It states in the Criminal Act, Article 246 that anyone who gambles or bets for the purpose of gaining property shall be punished by a fine of up to 5 million Won. Article 247 prohibits the opening of a place for the use of gambling for a profit and sets a punishment of imprisonment for no more than 3 years or 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 circumstances - an example being for the promotion of tourism. There has also been laws enacted allowing gambling in certain circumstances.
For example:
a. Casinos
The laws vary for foreigners and Korean citizens. As it stands at the moment the Special Act on the Assistance to the Development of Abandoned Mine Areas allows the running of the only land based casino in Korea that Korean citizens may enter. It is located in Gangwon province, in an abandoned mining district, the remote countryside helping to further restrict access for Koreans.
For non-Korean citizens the Tourism Promotion Act offers permission for hotels to operate casinos that only foreign nationals are allowed to enter. Such casinos are currently running in Seoul, Incheon, Jeju Island and are heavily supervised by the Ministry of Culture and Tourism.
b. Lotteries
There are 2 lotteries open to Korean citizens the Lotto and the Toto ( a sports lottery). The operation of and selling of tickets are regulated under the Lottery Fund Act.
c. Racing
Horse racing and betting at the venues is permitted under the Korean Horse Affairs Association Act and comes under 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 under the jurisdiction of the Ministry of Culture and Tourism.
d. Online Gambling
This is currently a gray area as Korea does not have relevant laws for the specifics of online gambling. Arguments can be made for both sides - for example, the monetary transactions will 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 be seized by anyone. However the end user is still in Korea so may well be subject to the national laws that apply to general gambling. The National Police Agency has established the Criminal Activity Investigation Team to help control any potentially unlawful online activities, including gambling. This certainly implies that it would be 'considered' illegal; although at present no cases have been brought to test this.
e. Slot machines
These are all illegal outside of a casino.

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5 Must Follow Rules For Sports Betting Beginners

5 Must Follow Rules For Sports Betting Beginners
One of the problems with sports betting is the knowledge gap between very experienced bettors and beginners. Beginners are often afraid to ask questions of experienced gamblers, and there isn't much trusted information that they can draw on to help them learn. Therefore it's easy to make a bad bet, lose, and never want to bet again. Use this information as a guide to help avoid that and get started the right way.
1. You of course first have to decide which kinds of sports you want to bet on. You should bet on the sports you are the most familiar with, which will help you make smarter decisions. Your choice of sports may also affect the type of sportsbook you end up signing up with, as some niche sports from various countries or regions may only be covered in sportsbooks from that place.
2. You must consider if you're delving into sports betting as a part-time hobby or as a full-time endeavor. The more casual, relaxed sportsbooks have lower limits for bets and will have slightly worse odds. The advantage to them is their deals, promotions, convenience and so forth. Professional sportsbooks will have higher limits and better odds, but will not usually offer much in the way of promotions. You also want to make sure you choose sportsbooks which have good reputations and a long history.
3. Considering the laws and regulations with the US government and online betting, your choices of sportsbooks may be smaller than for other people. You have to make sure you pick one in which the depositing and withdrawal options are legitimate and are as easy as possible, so you don't get stuck in a situation where you can't withdraw your winnings or anything like that.
4. Be sure that you understand all of the different kinds of bets that you will make. The easiest place to start are straight up bets and money lines. From there you can dive into point spreads, prop bets, futures, parlays and much more. Never make a kind of bet that you don't completely understand. Additionally, pay attention to your odds. American books, European decimal and UK fraction odds can all be converted between each other, so make sure you understand what they mean before you place your bet down. Taking all of these steps will help you transform from an uninformed novice to an experienced vet.
5. Don't limit yourself to signing up with only one sportsbook. Sign up for a few of them, and then you can take advantage of all of their different promotions, discounts and best sportsbook bonuses []. You'll also be able to compare odds and lines so you can always make the best possible bet.

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Benefits of an Online Casino to a Home Base Player

Benefits of an Online Casino to a Home Base Player
Merely people are now engaging themselves into more interesting and interactive way of life including the life of the virtual world. Meaning online gaming or anything which has a connection to technology, internet, computers, games and more. Also upgrading to the latest technology is really important for us. Those people really believe that we are all connecting online and ready to say goodbye to almost all manual works. As much as technology is concerned many wiser people really hook themselves in this kind of existence.
If you were a gamer what you like to do to go in a land-base gaming club or rather want to enjoy browsing and playing online. Like for playing a casino games, most of the people took the chance to really uphold their knowledge and thinking capacity playing the online casino games. For you what you rather choose to the two. Base to some research a gambler has its own character whether he choose to play it when or how. In this matter they normally says that some of the expert who are used to go and play land-base found the game interesting more realistic and more manageable, but then again we also have an expert of online gaming who prefer to play home base and online. Who said that no matter where or when I really like to do the game. Its really about the person or people involved are the one responsible for his action.
In as much as online gamer know that they could save more to time and effort if they play it instead of going other place just to gamble. If this case same as yours then technically speaking you are even a home base player, who just appreciate everything that new technology can let you explore without limitation. As a fact that even young ones and all level of ages and status of life could have the same treatment, without favoritism, status scaling and involvement risking. This is one of a great benefit that home base player or online gamer has. No more inclusion of different things, just your like and wants and how you do your play to your goodness as different individual.

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Find the Best Opportunities for Online Gambling

Find the Best Opportunities for Online Gambling
Most of you love the entertainment activities that would keep you engaged during your leisure time. Ever since its creation, men have been interested in the casino games. But the traditional casinos are known to demand your money and leave you suffering losses instead of enjoying the game. This is the era of digital entertainment where most of your entertainment activities are through the internet. You have the privilege of enjoying your favorite casino games right from your home without any hassles. There are a number of online gambling platforms out there. However, you must visit only the top online casinos that offer promising experience. You can witness the perfect look and feel of the conventional casinos in these innovative platforms.
There are websites that reviews the online gambling services to help you determine the quality. Taking a look at such websites would provide a better idea on the authenticity of the website you choose. Just like any other online facility, there are quality differences in the casinos. Some of the most important factors that must be taken into account to identify the worthiness of the casinos are software, game varieties, payment, withdrawal options, support, promotional features, graphics, etc. These features often differ as per your preferences. The team of reviewers on these services possesses the experience in this industry and understands the perfect solution for your betting. Among the websites reviewing the online gambling platforms, you must choose the ones that are stringent in ranking. Instead of providing a long list of hundreds of websites, they might publish only the best. You would not need anything more that the name of topmost five casinos. These would be the perfect platforms to offer you a complete betting experience. You will find a wide variety of games on these platforms.
Most of the online casino lovers look forward to play roulette, blackjack, baccarat, poker and slots. Some online platforms demand the players to have exclusive skills, while the others are fun filled games that can be played by anyone. You must go through the detailed reviews about each casino to understand its difficulty levels and credibility. You must ensure that the reviews are recent. The best websites for review update the web pages frequently to provide you the latest information in the industry.
Gambling is always not restricted to casinos. If you are interested in sports betting, you must take a look at the list of top online sportsbooks that are reviewed online. The reviewers would ensure that the betting sites they recommend are safe, secure and entertaining. Prior to online gambling, you must search for availability of variety of sports, numerous deposit options, quick payouts, user-friendly experience, etc. The live-in-play betting is the best feature of the online sportsbook. You have numerous entertainment facilities these days which can be accessed right from your home or any place of comfort. Apart from the fun, it can also provide you with monetary gains. This can be your perfect opportunity.

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Online Gambling Laws in New Zealand

Online Gambling Laws in New Zealand
New Zealand is currently a burgeoning gambling market. Millions of residents take part in some form of gambling activity everyday, and the population of recreational gamblers has been growing rapidly over the course of the past few years. While the land-based gaming market is seeing a great deal of growth, so is the online casino market. However, the laws regulating online gambling in New Zealand can be quite complex, so here is a brief overview of legality of online gaming in the country
New Zealand's online gambling laws are regulated under the Gambling Act 2003, along with all other forms of gambling in the country. Up until 2003, online gambling was not regulated by any laws, so the legislation is still quite new and residents believe there are still some kinks to work out.
According to the Act, remote interactive gambling is prohibited. This applies only to gambling that is organized or conducted within New Zealand. Offshore operators can face fines for offering their services to residents of the country, but few have been prosecuted by local authorities. Some local online gambling operators are able to offer their services online, including TabCorp, a gaming operator which has a near-monopoly on gambling in Australia and New Zealand.
The advertisement of offshore online casinos is also prohibited. Therefore, gambling companies which are not based in New Zealand may not advertise their services to residents. This includes sports sponsorships and television commercials, as well as in-print and online advertisements.
Recognizing that New Zealanders are keen to take part in online gambling, the government has decided to allow some forms of online wagering to take place. It has recently been decided that players would be allowed to play the local lottery online. NZ Lotto has launched its own online gambling website, so that players can purchase all sorts of lottery products online. The website also offers online bingo and keno, adding to the range of choices that players have when it comes to gambling legally online. NZ Lotto's website is a huge step forward for the country's online gambling market; however, residents would still like to have more choice when it comes to playing casino games online.
There are some exceptions to the rules, however. The New Zealand government has stated that some cases of online gambling that may be disputed. As such, the local gaming commission would have to assess these situations on a case-by-case basis to ensure that players and operators across the country are receiving fair and safe treatment in the online gaming world.

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