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MORE KOREAN RESTRICTIONS
South Korean gamers face further restrictions on their disposable income following a proposal by Korean regulators to place limits on Internet cash transactions in an attempt to curb online gambling.
The Korea Times reports that players are already limited to only $290 a month, but players have found ways to
circumvent these limitations. In future, those who make 'large' virtual cash transactions in order to gamble online could be fined up to $20 000 or imprisoned for up to two years under new laws planned by the Ministry of Culture, Sports and Tourism.
The new bill will go before lawmakers for approval this September (2008).
The newspaper claims that Korean lawmakers have turned their attention to online gambling after cracking down on video gambling arcades. Many internet cafes, or 'PC baangs' as they are known in Korea, have been converted into arcades that allow customers to win cash on virtual slot machine games.
There are 17 government-licensed casinos in Korea, but locals are permitted to use only one of them. The casinos generate approximately $500 million in income from over a million visitors to the country per year.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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