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South Korean police arrest 58 over alleged KRW78bn gambling operation impersonating Kangwon Land
By SectorWire desk ·
Summary
South Korean police arrested 58 people over alleged illegal gambling websites impersonating Kangwon Land, citing Korea JoongAng Daily. Police estimated that around 40,000 Korean users deposited KRW78bn between October 2022 and August 2025. Investigators sought preservation of approximately KRW1.5bn in assets linked to suspected criminal proceeds.
Why it matters
For operators, the case involves alleged gambling websites impersonating Kangwon Land that attracted around 40,000 Korean users.