Korean venture clouded by police action


Seven operators at the Korean unit of Mansion.com, an international online casino and sports betting site, have been detained for operating an illegal gambling Web site for Koreans, local police revealed last week.

Mansion.com is the kit sponsor of Tottenham Hotspur, an English professional football club in the Premier League.

The Korea Times reports that the detentions represent a new phase in police action against online gambling in Korea, the first time that an international online game company has been legally implicated for opening Korean operations to handle marketing, exchanges of cyber money and other facilities for online gambling. So far, Koreans have gained access to gambling sites whose servers are based in foreign countries, the newspaper reports.

The Seoul Metropolitan Police Agency said that more than 2 700 Koreans have gambled on the site, with the total cash taken in estimated at about 30 billion won. Police are investigating some 70 of the players who deposited more than 50 million won ($33 000) each at the site.

The newspaper reports that Mansion.com established a unit Mansion88 in Singapore, and the Singaporean unit oversaw the Korean operations. The Korean venture was established after Mansion signed a contract to lease 13 gambling sites from the international online casino. Police claim the operators have reaped 4 billion won in illegal gains. The largest amount of money deposited by a member for gambling stood at 500 million won.

Police told the Korea Times that workplaces were established in southern Seoul to provide cyber money to gamblers and send promotional messages to potential members starting in December 2007. Cell phones and bank accounts under "borrowed" names were used. Police said they intend to trace the flow of the illegal money and profits. Unregistered online gambling sites are illegal in Korea.

General Gambling News Gambling Law & Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

2mins ago someone from United States played Attraction

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    28
  • Members Online
    345
  • Guests
    2,104
Highest Community Rated Online Casinos
NextCasino
  (126 Ratings)
Bet365 Games
  (150 Ratings)
CasinoLuck
  (198 Ratings)
Betsson Casino
  (190 Ratings)
Unibet Casino
  (114 Ratings)
Redbet Casino
  (122 Ratings)
Spin Palace Casino
  (104 Ratings)
Slotty Vegas
  (92 Ratings)
Guts Casino
  (149 Ratings)
Mr Green Casino
  (258 Ratings)
Betsafe Casino
  (167 Ratings)
32 Red Casino
  (273 Ratings)
ComeOn Casino
  (210 Ratings)
BitCasino.io
  (153 Ratings)
Winner Casino
  (318 Ratings)
Vera John Casino
  (160 Ratings)
Intertops Casino Classic
  (97 Ratings)
Sin City Casino
  (81 Ratings)
Jetbull Casino
  (90 Ratings)
Liberty Slots Casino
  (153 Ratings)
Thrills Casino
  (114 Ratings)
Intertops Red Casino
  (108 Ratings)
Ladbrokes Casino
  (141 Ratings)
Casumo
  (111 Ratings)
BETAT Casino
  (174 Ratings)
Whitebet Casino
  (81 Ratings)
PlayHippo
  (63 Ratings)
3Dice Casino
  (230 Ratings)
Slotland
  (272 Ratings)
River Nile Casino
  (90 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus