By The Weekly Edge desk ·
iGaming Today reported that South Korean tourism organisations urged the government to withdraw proposed foreigner-only casino reforms. Their joint statement warned of adverse effects on investment, jobs and regional competitiveness.
The organisations oppose reforms they say would weaken casino investment and employment.
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The review could affect Kangwon Land’s procedures for allowing previously barred customers to return to its casino.
South Korean casinos await implementation details for a higher revenue levy reaching up to 15% to support a tourism fund.
The proposal would give national federations roles in licensing, national teams, world competitions and shared standards.
The pact connects youth gambling prevention by Gyeonggi’s education office and a regulator with an existing school phone-use strategy.
Casino operators face proposed five-year licences and higher tourism fund contributions above an undetermined revenue threshold, with submission potentially delayed.