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South Korean police arrest 58 over alleged KRW78bn gambling operation impersonating Kangwon Land

By The Weekly Edge desk ·

Summary

South Korean police arrested 58 people over alleged illegal gambling websites impersonating Kangwon Land, iGaming Today reported, citing Korea JoongAng Daily. Police estimated that around 40,000 Korean users deposited KRW78bn between October 2022 and August 2025. Investigators sought preservation of approximately KRW1.5bn in assets linked to suspected criminal proceeds.

Why it matters

For operators, the case involves alleged gambling websites impersonating Kangwon Land that attracted around 40,000 Korean users.

Read the original at iGaming Today

EntityKangwon Land
TypeCompany
Entries8
Main marketsSouth Korea
Enforcement & compliance2
Deals & M&A3
Latest16 Oct 2026
Entity mapoperates inKangwon LandSouth KoreaKangwon Land impersonaGyeongbuk Provincial P
Entities and relations reported in this entry and our coverage.

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