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South Korean commission reports illegal gambling market worth 96tn won

Regulation

South Korea’s Korea Gambling Control Commission data put the illegal gambling market at about 96 trillion won, or $65 billion, according to lawmaker Jeon Yong-gi. The commission also reported that 4% of under-18s had used illegal gambling sites or bet offline; the National Police Agency said youth gambling cases rose 62% last year.

The figures inform regulators and lawmakers assessing the scale of illegal gambling and youth participation in South Korea.

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