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Korean Gambling Growing
9/28/09 - 8,26 million South Koreans went gambling last (2008) year, recording another annual increase in the number of local residents gambling at legal establishments in the Asian country, according to a report released this week by the National Tax Service.
The latest numbers represent a 16 percent increase from 2007, and a substantial jump from 2006, when the number was 5.22 million.
Legal betting at racetracks was the biggest drawcard, pulling in 4.07 million punters, followed by casino gambling at the sole land casino in the country that admits local players, Kangwon Land, where 2.91 gamblers visited. Interest in cycling races accounted for 1..28 million.
The National Tax Service statistics are based on the amount of individual consumption tax paid by people visiting legal gambling facilities.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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