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Korea Battles Illegal Gambling

12/20/11 : Operators enabling players to trade gaming points for cash
 
The Korean Ministry of Culture, Sports and Tourism's Games Rating Board has registered a four fold increase to 113 in the number of internet computer games offering illegal gambling during the first six months of 2011 (HY1/2010: 27) as gamblers shift away from video game arcades to online gaming.
 
The report carried in the Korea Times details online game providers, including those offering poker and card games allowing betting, affording players the option to convert virtual points into cash in a complicated transaction system involving using virtual points won to purchase virtual items which are then addressed to the operator who trades them for cash despite the process being against the law.
 
The transaction being fully executed online makes it difficult for authorities to detect, unlike terrestrial outlets where physical vouchers or prizes are awarded to be swapped out for real money later on.
 
Online games identified as supporting gambling face the revocation of their business licence after a third violation under the Games Rating Board's "strike out" rule.  Game licences revoked for this transgression have risen to 20 in the first half of the year compared to none over the same period last year according to the authority.
 
"Gambling based on personal computers is becoming harder to monitor and we need a larger number of personnel trained with sophisticated skills," said an official from the Games Rating Board.
 
Korea has a heavily restricted and regulated gambling market that provides locals with very few options that include betting on racing, lottery and one casino in Gangwon Province.  Authorities are concerned that online gaming will fuel internet addiction, whether gambling is involved or not, and have vowed to restrict the amount of time gamers spend online.



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Box 24 Launches 3 New Slots - This week sees the addition of 3 New Games at Box24 Casino. Check them out they all seem pretty interesting.

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

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