South Korea’s casinos are in something of an odd situation. While there are 14 of them and licences have been issued for three more, only one of them is actually open to South Korean citizens. All the others are restricted to foreign nationals. As South Korea is not, despite certain attractions, known as a great tourist destination, this has meant most of the casinos running at 10% or so of capacity.
Koreans themselves are inveterate gamblers and in recent years there has been an explosion of online casinos in the Korean language, which the Government is busily trying to close down. There is also extensive gambling on horse racing, sometimes even bicycle racing and other sports events, as well. But despite this huge cultural predisposition to gambling, South Korea’s casinos are hampered by the fact that only one of them is allowed to let the local citizens inside.
A list of South Korea’s Casinos includes:
Busan: Paradise Casino Busan
Cheju City: Cheju KAL Hotel and Casino
Cheju Oriental Hotel and Casino