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South Korea gambling revenue surges above KRW10 trillion

9th July 2024 9:18 am GMT

Gambling revenue in South Korea rose by 11 per cent to a new annual high of KRW10.63 trillion (€7.12 billion) in 2023, spurred by a strong year for the country’s casinos.

South Korea’s casino gaming revenue increased by 41 per cent to KRW2.73 trillion, the best annual total since 2019.

Revenue at the country’s foreigner-only casinos nearly doubled to KRW1.41 trillion, while Kangwon Land, which is open to domestic patrons, posted an 8 per cent revenue rise [...]

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