The gambling and casino scene in South Korea is well organized and well structured, based throughout the major cities. South Korea casinos are quite popular too. As per the statistics of 2009, Korea casinos were the seventh largest casino market in the world with a revenue equivalent to US$2.4 billion.
The growth of casino culture in Korea is a result of phenomenal increase in Korea tourism during the last decade. It is quite likely casinos contributed substantially to the upswing in tourism in this highly urbanized East Asian country.
Interestingly, gambling in Korea was restricted to placing bets on horses till 2000. However, within a short time, the scenario underwent a sweeping change when the country lifted the ban on gambling, paving the way for more than 20 casinos to emerge scattered across the entire country. Online casinos nevertheless had to struggle to make their presence felt in this country as the government was reluctant to allow land-based casinos to operate on the Internet. The situation seems to have changed now with more than 130 online casinos operating in Korea, a clear fact that the online gambling fad has also bitten this country’s populace.