Korea: KCGI CEO joins nationwide campaign against teen cyber gambling
Chief calls illegal online betting a “scam crime” targeting youth.
Chief calls illegal online betting a “scam crime” targeting youth.
The update enhances continuous oversight by expanding monitoring throughout a player’s lifecycle, rather than limiting it to the registration stage.
The move comes after Senator Daniel Didech introduced new legislation which would repeal the per wager tax enforced against mobile betting operators since September 2025.
The online sports betting revenue generated by operators during March 2026 equates to a 34.3% increase year-over-year, despite handle falling 4.6% for a total of $2.3bn.
The $604.7m wagered across March 2026 represents a 2.8% increase from the prior year period, while the $44.2m in taxable win produced by operators equates to a rise of 50%.
Campaign uses humor and cultural references to highlight safer gambling tools and user control.
Proposal under review would restrict access to licensed operators as Government targets repeat indebtedness.
Proposal to prohibit betting advertising gains urgency in Congress, prompting response from football stakeholders.
MC Games backs live music production while Betsul launches a World Cup campaign centred on fan identity.
Any new taxation framework would require unanimous approval from EU member states, which have historically been reluctant to support EU-wide tax initiatives.