By The Weekly Edge desk ·
Asia Gaming Brief reported that South Korean tourism and casino organisations opposed proposed licence renewals and tourism levies. The proposals include five-year renewal periods and a maximum fund rate of 15%.
The organisations oppose proposed recurring licence obligations and tourism fund contribution limits.
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The review could affect Kangwon Land’s procedures for allowing previously barred customers to return to its casino.
South Korean casinos await implementation details for a higher revenue levy reaching up to 15% to support a tourism fund.
The proposal would give national federations roles in licensing, national teams, world competitions and shared standards.
The pact connects youth gambling prevention by Gyeonggi’s education office and a regulator with an existing school phone-use strategy.
Casino operators face proposed five-year licences and higher tourism fund contributions above an undetermined revenue threshold, with submission potentially delayed.