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| Article 247 prohibits the opening of a place for the use of gambling for a profit and sets a punishment of imprisonment for no more than 3 years or a fine of up to 20 million Won. However with its potentially addictive nature and the social consequences that this may entail it has been deemed illegal in many countries around the world. It states in the Criminal Act, Article 246 that anyone who gambles or bets for the purpose of gaining property shall be punished by a fine of up to 5 million Won. Is Gambling in South Korea Illegal. As in most of Asia gambling in South Korea is, in principle, illegal. There has also been laws enacted allowing gambling in certain circumstances. Gambling is without doubt one of the most popular pastimes on the planet. This law is not a blanket exclusion of gambling and, in Korea you, you can still gamble under restricted circumstances - an example being for the promotion of tourism. The laws vary for foreigners and Korean citizens. As it stands at the moment the Special Act on the Assistance to the Development. _ |
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