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Korea Customs Service uncovers alleged €94m gambling-fund transfers

Enforcement & compliance

South Korea’s Korea Customs Service said it had disrupted a network suspected of moving about €94 million abroad for unregulated gambling. Ten people were arrested and referred to the Seoul Central Prosecutors’ Office over alleged breaches of currency and financial transaction laws; investigators suspect the money was destined for unauthorised gambling operations in the Philippines. Authorities are continuing inquiries into the organisers and the funds’ origins.

The case signals enforcement action against financial transfers suspected of funding unauthorised gambling in the Philippines.

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Enforcement & compliance

ASA bans Casumo Spinumo campaign over repeated gambling prompts

The UK ASA banned Casumo’s Spinumo promotion, finding that its daily tasks encouraged repeated gambling and risked financial harm. Each task required a £50 deposit and £200 wager; five tasks in a day could involve £250 in deposits and £1,000 wagered, while maximum participation over 28 days could reach £7,000 deposited and £28,000 wagered. Casumo said participation was optional, but the ASA found that did not resolve its concerns.

The Advertising Standards Authority (ASA) has banned a Casumo promotion, finding that it encouraged socially irresponsible gambling and risked financial harm.

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