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He sees "enormous" financial added benefits because aspect of the 3 trillion won that he mentioned Koreans invest on gambling overseas would return to the country. The proliferation of gambling addicts in Sabuk is serving as a warning for lawmakers in South Korea — and more recently Japan — enticed by the potential for tax revenues and financial gains. Though Kangwon Land has brought jobs to the former coal-mining town, it’s also brought social ills in an region that has a suicide price that’s twice the national typical. Quickly Mr Kim himself became hooked on gambling, racking up losses of some 180 million won (about S$218,500). Realising he no longer had a house to return to, he decided — at the age of 77 — to accept government subsidies supplied to those who guarantee to kick the habit. He’s now living in a US$200-a-month (S$286-a-month) apartment in the town. Let’s take a closer appear at those countries’ gambling laws to see how they compare. Regardless of such troubles and the legal uncertainties, the time is right for newcomers to join the fray in Asia, mentioned David Carruthers, CEO of the Costa Rica-based BetonSports.com.

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