South Korea Casinos Push Back Against New Gambling Rules

South Korea’s casino industry is opposing government plans to increase gambling levies and introduce a new licence renewal system.

The Korea Casino Association criticised two proposals from the Ministry of Culture, Sports and Tourism. One would raise the maximum contribution to the Tourism Promotion and Development Fund from 10% to 15% of gross gaming revenue. The other would replace permanent casino licences with five-year permits.

The association said the higher levy could put more pressure on operators because it is based on revenue rather than profit. It also claimed that around half of the country’s 18 casino operators have reported operating losses each year over the past decade. The group added:

The government should withdraw both the licence renewal proposal and the higher contribution rate.

The association also warned that five-year renewals could create uncertainty for long-term investments and employment. Casino licences in South Korea have had no fixed expiry date since 1994 as long as operators follow regulatory rules.

The group argued that current law already allows authorities to suspend operations or revoke licences for serious violations.

It also raised concerns about competition from other Asian markets, including MGM Osaka, which is expected to open in Japan by late 2030.

According to the association, increasing the levy to 15% could raise annual payments by around KRW76.3 billion for three major mainland casino operators.