SOUTH KOREA Law and Practice Contributed by: Hyun Ho Eun, Jung-Chull Lee and Dukjoong Na Kim & Chang Contents 1. Introduction p.448 1.1 Current Outlook and Recent Changes p.448 2. Jurisdictional Overview p.449 2.1 Online Gambling p.449 2.2 Land-Based Gambling p.449 3. Legislative Framework p.450 3.1 Key Legislation p.450 3.2 Definition of Gambling p.450 3.3 Definition of Land-Based Gambling p.450 3.4 Definition of Online Gambling p.450 3.5 Key Offences p.450 3.6 Penalties for Unlawful Gambling p.450 4. Licensing and Regulatory Framework p.451
China
North Korea
Seoul
South Korea
Japan
4.1 Regulatory Authority p.451 4.2 Regulatory Approach p.451 4.3 Types of Licences p.451 4.4 Availability of Licences p.451 4.5 Duration of Licences p.451 4.6 Application Requirements p.451
4.7 Application Timing p.452 4.8 Application Fees p.452
4.9 Ongoing Annual Fees p.452 4.10 Personal Licensing p.452 5. Land-Based Gambling p.452
5.1 Premises Licensing p.452 6. Online Gambling p.453 6.1 B2C Licences p.453 6.2 B2B Licences (Suppliers, Software, Etc) p.453 6.3 Affiliates p.453 6.4 White Labels p.453 6.5 Technical Measures p.453 7. Responsible Gambling (RG), Also Known as Safer Gambling (SG) p.453 7.1 RG Requirements p.453 7.2 Gambling Management Tools p.454 8. Anti-Money Laundering (AML) p.454 8.1 AML Legislation p.454 8.2 AML Requirements p.454
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