SectorWire
SearchGet the daily briefing
Menu

Korea Racing Authority and Kangwon Land expand gambling addiction work

Deals & M&A

South Korea’s Korea Racing Authority and casino operator Kangwon Land agreed to combine resources for gambling addiction prevention and counselling, according to the report. They also discussed using artificial intelligence in prevention systems and treatment, and plan to hold a joint forum in September on technology for detecting gambling-related harm.

The cooperation links a racing body and casino operator on prevention, counselling and possible technology-based detection.

End-of-day close Kangwon Land (035250), KRW, to 18 September 2026
Story date22 June 202618 September 2026

Latest reported results

Kangwon Land KRX: 035250

Quarter ended 30 June 2026

Revenue
KRW 345.55bn

Connections

Request a correction

Keep reading

Regulation

Jin Sun-mee urges review of Kangwon Land entry-ban procedures in South Korea

South Korean lawmaker Jin Sun-mee urged a review of Kangwon Land’s procedures for readmitting barred customers. The report said documentation showed no requirement for addiction treatment before customers return. Banned individuals increased by 86% over three years to 5,612 in 2025, compared with 19% growth in casino visits, according to ministry data cited in the report.

A lawmaker from South Korea's ruling Democratic Party, Jin Sun-mee, is seeking a review of the way Kangwon Land removes casino entry bans. Her call followed data she obtained from the Ministry of Culture, Sports, and Tourism, which showed that people who had been barred can come back without first receiving treatment for gambling addiction.

Continue reading