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Illegal operators continue In South Korea Despite Heavy Police Enforcement

Sunday December 29,2014 :  ONLINE GAMBLING OPERATORS DODGE ENFORCEMENT IN SOUTH KOREA
 
Despite a heavy police clampdown on internet sports betting, illegal operators continue to service a massive demand.
 
Despite a major clampdown by South Korean police the public demand for sports betting services continues to ensure good, if risky, business for illegal operators, the local publication JoongAng Ilbo reports in an article on the "ghost operators."
 
Sports Toto is the only licensed, and therefore legal, sports lottery in South Korea, but hardly the most popular sports gambling site, the publication notes, quoting police estimates that tens of thousands of gamblers participate on unauthorised sites in illegal gambling, making bets that add up to very significant amounts of money.
 
One of the attractions of illegal operators is that they offer more attractive odds and variety, and have less restrictions. For example, Sports Toto players can only bet a maximum of 1 million won ($908) on each game and have to pay tax on winnings, requirements which illegal sites circumvent in various ways, according to police investigators.
 
In support of its article, JoongAng Ilbo interviewed illegal operators within South Korea, who said that the business was lucrative but risky and stressful, requiring the use of offshore servers, bank accounts, phone numbers and domain switches on a regular basis to stay one step ahead of the police.
 
“These days, even the routers can’t be traced,” one boasted - a claim to some extent confirmed by police officials who admitted that in many cases successful illegal operators leave few if any tracks for police to follow.
 
Another operator said: “Illegal gambling site operators like me are running rampant. People are dying to do this job because it makes money. The site I’m operating right now opened just a month ago, but already its profits reached about 100 million won (almost a million US$).”
 
The police have warned Koreans who use illegal online sports betting sites that they have no protections against operators who decide to cheat them. They point to cases where illegal operators have simply shut up shop and disappeared without meeting their obligations to their players, and other dishonest behaviour that results in players being denied their winnings on spurious "terms and conditions" grounds.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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