{"id":17026,"date":"2026-06-19T08:30:00","date_gmt":"2026-06-19T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=17026"},"modified":"2026-06-19T06:46:11","modified_gmt":"2026-06-19T11:46:11","slug":"south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling\/","title":{"rendered":"South Korea seeks casino deregulation while Indonesia intensifies war on gambling"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Asia once again revealed two opposing visions for the future of gaming on <strong>June 18, 2026<\/strong>. While <strong>South Korea<\/strong> is seeking to ease regulatory restrictions to strengthen the competitiveness of its casino industry against the future <strong>MGM Osaka<\/strong> integrated resort in Japan, <strong>Indonesia<\/strong> is intensifying its crackdown on illegal online gambling through increased funding and expanded financial enforcement measures.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The push in South Korea comes from <strong>Kangwon Land Inc.<\/strong> and <strong>Grand Korea Leisure (GKL)<\/strong>, two of the country\u2019s leading gaming operators. Both companies have urged the government to reduce administrative and regulatory hurdles that currently slow expansion projects, property upgrades and new developments. Their argument is straightforward: if South Korea does not accelerate approvals and modernization efforts, it risks losing market share to the integrated resort being developed by <strong>MGM Resorts International<\/strong> and <strong>Orix Corporation<\/strong> in Osaka, a project carrying an estimated <strong>US$10 billion investment<\/strong> and scheduled to open in <strong>2030<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling2.png\" alt=\"\" class=\"wp-image-17028\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling2.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling2-300x150.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling2-768x384.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The concern is significant. South Korea currently operates <strong>18 licensed casinos<\/strong>, but only <strong>Kangwon Land<\/strong> is permitted to serve local residents. The remaining <strong>17 casinos<\/strong> are restricted to foreign visitors, including the <strong>Seven Luck Casino<\/strong> properties operated by GKL. The sector generated approximately <strong>KRW3.23 trillion (US$2.3 billion)<\/strong> in gross gaming revenue during 2024, representing an <strong>18.3% year-on-year increase<\/strong>, while visits to foreigner-only casinos surged <strong>42.4%<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"302\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling3.png\" alt=\"\" class=\"wp-image-17029\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling3.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling3-300x91.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling3-768x232.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The industry is overseen by the <strong>Ministry of Culture, Sports and Tourism (MCST)<\/strong> and the <strong>National Gambling Control Commission<\/strong>, both of which are now facing growing pressure to streamline approvals, expansions and infrastructure improvements before new regional competition arrives.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling4.jpg\" alt=\"\" class=\"wp-image-17030\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling4.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling4-300x169.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Ivan Yustiavandana<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Indonesia, meanwhile, is moving in the opposite direction. <strong>Ivan Yustiavandana<\/strong>, head of the <strong>Financial Transaction Reports and Analysis Centre (PPATK)<\/strong>, has requested an additional <strong>Rp516.4 billion (US$31.7 million)<\/strong> budget allocation for 2027 to strengthen efforts against illegal online gambling, money laundering and terrorist financing.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"656\" height=\"312\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling5.jpg\" alt=\"\" class=\"wp-image-17031\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling5.jpg 656w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/south-korea-seeks-casino-deregulation-while-indonesia-intensifies-war-on-gambling5-300x143.jpg 300w\" sizes=\"auto, (max-width: 656px) 100vw, 656px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The request follows PPATK data showing that online gambling-related transactions reached <strong>IDR286.84 trillion<\/strong> in 2025, involving <strong>422 million transactions<\/strong> and approximately <strong>12.3 million users<\/strong>. Since 2024, authorities have frozen <strong>33,252 bank accounts<\/strong> linked to illegal gambling activities. In May 2026, Indonesian police also arrested <strong>321 foreign nationals<\/strong> connected to a network allegedly operating more than <strong>70 online gambling websites<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">South Korea views regulated casino gaming as a strategic tool to protect tourism, investment and employment against the emerging challenge from Japan, while Indonesia continues strengthening enforcement under <strong>Article 303 of the Criminal Code<\/strong> and the <strong>Electronic Information and Transactions Law (ITE Law)<\/strong> to eliminate illegal online gambling from its financial system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia once again revealed two opposing visions for the future of gaming on June 18, 2026. While South Korea is seeking to ease regulatory restrictions to strengthen the competitiveness of its casino industry against the future MGM Osaka integrated resort in Japan, Indonesia is intensifying its crackdown on illegal online gambling through increased funding and expanded financial enforcement measures.<\/p>\n","protected":false},"author":1,"featured_media":17027,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[2323,1488,57,15,4938,4960,2316,2350,102,585,2396,105],"class_list":["post-17026","asia","type-asia","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-asia","tag-ban","tag-casinos","tag-gambling","tag-indonesia","tag-ir","tag-japan","tag-korea","tag-online-betting","tag-online-gambling","tag-south-korea","tag-sports-betting","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korea seeks casino deregulation while Indonesia intensifies war on gambling - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Asia once again revealed two opposing visions for the future of gaming on June 18, 2026. 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