Legal casino gambling age in KR: 18
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Best Online Casinos for South Korean Players in 2024
Legal casino gambling age in KR: 18
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Introduction
When it comes to all Asian countries, gambling laws vary significantly among them. While there are many progressive states, some are not so much, and when we say that, we primarily mean Korean countries, both South and North.
In the following article, though, we will focus on the first one, which may have somewhat milder regulations than the latter.
In South Korea, gambling is subject to rigorous legal and cultural constraints despite its multibillion-dollar value. Even so, sports and the lottery are not only welcomed in this country but are also extremely popular. However, despite some strict regulations, illegal gambling is quite common.
This comes as no surprise since the history of gambling in South Korea dates back many ages when people started betting on janggi, their local board game, or later on ssireum, a sport similar to sumo wrestling. Besides, recent years have shown some noticeable growth in the online sports betting market as citizens have shown great interest in placing bets, especially live!
It is for this reason that online sports betting apps and websites catering specifically to the South Korean market have increased. The platforms are tailored to the needs and fancies of South Korean customers, offering localized content, language support, and payment methods.
Still, the government heavily regulates online sports betting, while a specified number of licensed operators are allowed to offer their services to protect users from fraud and provide responsible gambling practices.
Some of the most popular sports among South Korean bettors include baseball, golf, and soccer, as well as horse racing and bicycle racing.
But, what about online casinos?
According to Korean gaming law, a game is not prohibited, restricted, or permitted by its type or genre but by its speculative activities. This means that real-money betting is not allowed, and casino games, lotteries, and bingo are usually prohibited due to their speculative nature.
The same rules apply to both land-based and online gaming.
South Korean residents aren't permitted entry into licensed casinos under the Tourism Promotion Act, except for a facility in Gangwon Province.
Despite this, some loopholes in the law still allow for online gambling. Those caught gambling online have been heavily punished by Korean authorities, as it is illegal for Korean citizens to participate in any form of online gambling. However, some Korean players still manage to access casinos based outside of South Korea and aimed at international players through VPNs, even though they are technically illegal.
We believe that the following websites are the best for South Korean players:
Republic of Korea Recommended Online Casinos
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200% up to 50€/$
Welcome bonus
Plenty of engaging promotions
Loyalty program
100% up to 1000€/$ +100 spins
Casino spins
Crypto friendly venue
Bonus on the 1st deposit
100% up to 500€/$ +200 spins
5-tier VIP scheme with perks
All forms of customer support available
Several promo packages on weekly and weekend basis
Tips for South Korean Online Gaming
Despite the fact that finding a legal, suitable, and entertaining alternative for gambling needs may be difficult for South Koreans, it's not impossible. Knowing the basics, staying informed, and gambling responsibly are essential.
These are the factors to take into account when considering an online casino:
Read the Terms and Conditions
Whenever and wherever you choose an online gambling house, familiarizing yourself with its terms and conditions is essential.
While these terms are, in most cases, quite lengthy, you don't have to read them from page to page; pay attention to certain features, such as deposit and withdrawal limits, privacy policy, possible fees that may apply, payment pending times, the amount of time players have to complete wagering requirements for bonuses, and, of course, country restrictions.
Check Our Blacklist and Avoid the Names Mentioned There
Of course, we cannot always keep up with new casinos appearing daily, but we do try to examine each, their terms and conditions thoroughly, and whether they apply to them.
As you may be aware, every now and then, a casino appears and offers some unfair conditions and, even worse, tries to steal your money rather than allow you to win some fairly and securely.
Read Reviews from Reputable Platforms
Not all review websites offer truthful casino reviews with users' best interests in mind since they might have to deal with an operator to present them in the best possible way in exchange for some compensation.
This is why it is extremely essential to choose which reviews to take into account and opt for those that offer enough information, covering all the important parts of a casino and providing ratings and rankings based on real player feedback.
In other words, you should visit websites that provide unbiased reviews and honest player feedback, which will make you feel secure that they will fight for you in a potential dispute.
These are some of the review portals we consider trustworthy:
Best Casinos for Players from Korea, Republic of
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Licensed Casinos in South Korea
Due to the fact that no casino games are allowed to be operated in South Korea, the state does not offer a licensing process. This means that users can't be guaranteed the security and fairness of online casinos in the country.
However, global casinos that accept South Korean customers may be licensed and regulated by respected authorities, such as Curacao, Kahnawake, Gibraltar, and others.
Live Dealer Options for South Korean Punters
Every casino player who has visited a land-based casino at least once in their lives and played a table game, such as poker, roulette, blackjack, or baccarat, knows the thrill of gambling against a real person who deals the cards, a.k.a live dealer.
Nowadays, luckily, we also have online live dealer lobbies that attempt to provide that same feeling with live streaming without making users leave the comfort of their homes.
If you want to play blackjack, punto banco, sic bo, or any other live casino game, these are the websites we recommend:
Top 4 Live Dealer Casinos For Players From Korea, Republic of View All
Casino Trust and Security
Apart from licenses from reputable authorities, trust and a secure casino playing environment are essential for every type of player.
The said trust is earned primarily by offering fair games and abiding by its decent terms and conditions constructed with customers in mind.
Also very important is the integrity of games, as demonstrated by certified independent testing houses like iTech Labs and eCOGRA, and the provenance of data, such as return-to-player percentages (RTPs) for slots and other games.
Banking Information for South Korean Players
Regarding online cashier payment methods, South Korean players have plenty of options, from bank accounts to e-wallets and, of course, cryptocurrency.
Bank transfer is one of the most reliable methods, while credit cards - Visa and Mastercard - are also standard payment options.
Let's remember some commonly popular and widespread e-wallets like PayPal, Skrill, and Neteller, as well as numerous cryptocurrencies, including Bitcoin, Ethereum, Tether, Dogecoin, and more.
KR Online Casinos Deposit & Withdrawal Grades View All
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Minimum Desposit Grade $10 (Bitcoin)/$35 (Credit/Debit Cards)A-
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Cashout Limit Grade $4,000 WeeklyC++
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Cashout Times Grade KYC: Within 2 business days; Pending time: Within 3 business days; Bitcoin: 24-48 hours; Bank Transfer/Check: 3-5 business daysD++
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Minimum Withdrawal Grade $30 (Bitcoin)/$200 (Bank Transfer/Check)D++
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Low Rollers GradeF-
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High Rollers GradeA
Korea, Republic of banking pages
Bitcoin
Visa Debit
MasterCard Debit
Most Popular Slots for Players from Korea, Republic of
| Rank | Game | Provider | RTP | Reels | Paylines | Jackpot | Play |
|---|---|---|---|---|---|---|---|
| 1 | Pharaoh's Treasure | Ash Gaming | 97.5% | 5 | 20 | £54,426 | Play |
| 2 | Mercy of the Gods | Net Entertainment | 96.64% | 5 | 20 | €21,610 | Play |
| 3 | Mega Fortune | Net Entertainment | 96.6% | 5 | 25 | €1,441 | Play |
| 4 | Divine Fortune | Net Entertainment | 96.59% | 5 | 20 | €15,100 | Play |
| 5 | Mega Fortune Dreams | Net Entertainment | 96.4% | 5 | 20 | €1,856 | Play |
| 6 | Treasure Nile | Games Global | 96.11% | 5 | 9 | $62,713 | Play |
| 7 | Fruit Mania | Playtech | 95.76-96.76% | 5 | 5 | €6,002 | Play |
| 8 | Arabian Nights | Net Entertainment | 95.62% | 5 | 10 | €1,069,849 | Play |
| 9 | Legends of Avalon | saucify | 95.4% | 30 | $87,876 | Play | |
| 10 | Hall of Gods | Net Entertainment | 95.3-95.7% | 5 | 20 | €3,210 | Play |
| 11 | Major Moolah | Rival | 94.96% | 3 | 1 | $2,500 | Play |
| 12 | Strike Gold | Rival | 94.23% | 3 | 1 | $5,000 | Play |
| 13 | One Million Reels BC | Rival | 94.14% | 3 | 5 | $4,093 | Play |
| 14 | Gladiator Slot | Playtech | 94.09% | 5 | 25 | €977,285 | Play |
| 15 | Chests of Plenty | Ash Gaming | 93% | 5 | 20 | €655,100 | Play |
Related Reading
Korea, Republic of Online Gambling FAQ
Are online casinos legal?
Lotteries, horse racing, and cycling are legal, while sports betting and casino gaming are considered illegal in South Korea.
Do I have to download a software to play?
The requirement does not apply to all online casinos. If you wish to access the casino directly from your device rather than via a browser, some casinos offer you the option to download software.
Does the government tax online casino winnings?
Technically, online gambling is forbidden in South Korea, so any winnings won't be considered taxable income by the government.
What should I do if I have a problem with a casino?
If you have read this article carefully and remembered what to pay attention to when choosing the right casino, you shouldn't have any problems deciding on a respectable and fair casino, and you will not have a dispute.