South Korea battles $1.4B illegal gambling ring as underage betting surges
South Korean authorities have cracked down on a massive illegal gambling operation worth $1.4 billion, leading to 23 arrests. Meanwhile, a new survey reveals a troubling rise in underage gambling, with more children exposed to betting activities than ever before.
A recent study found that 2% of elementary school students in South Korea have gambled, up from 1.4% the previous year. The survey, conducted between October and December, included 34,779 students across Seoul.
The results showed that 75% of youth gamblers placed bets online, often on esports events, which remain illegal in the country. Peer influence played a major role, with 40% of young gamblers admitting they started due to pressure from friends. Additionally, 21% of children reported seeing their classmates engage in gambling.
Authorities suggest the increase in reported cases may stem from better outreach and reporting efforts by the Seoul Metropolitan Police Agency. This comes as police also dismantled a $1.4 billion illegal gambling ring, arresting 23 individuals involved in the operation.
The findings highlight a growing concern over underage gambling in South Korea, particularly through online channels. With stricter enforcement and ongoing investigations, officials aim to curb the spread of illegal betting among children and young people.
