Opinions are mixed as to solutions for illegal gambling
Korea: Illegal gambling surpasses us$ 66 billion in 2012
2013-04-18
Reading time 17 seg
(Korea).- According to the National Gambling Control Commission, illegal gambling in Korea has ballooned by more than 40 % from 2008 to us$ 66 billion last year. The surge partly stems from increased sports betting and gambling in private homes, the commission said.
Opinions are mixed as to solutions for illegal gambling, which pumps large amounts of money through the underground economy.
Some support harsher crackdowns while others advocate for legalization and taxation.
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