Why Is It Worth Opening an Online Casino in South Korea?
Operation under offshore licences
Large choice of gaming software
Lucrativeness of virtual projects
High demand for mobile format
Fast Licensing of Projects
We will help you prepare documentation and obtain a gaming license in the desired jurisdiction in the short term
Selection of Relevant Content
Our experts will advise you on the selection of gaming content that will meet the needs of your potential customers
Software from the Best Vendors
Casino Market cooperates with world-renowned, time-tested suppliers having extensive experience
Prompt Informational Support
We will be constantly in touch during the implementation of your gambling project. Feel free to ask any questions
Why Do Entrepreneurs Buy Online Casinos in Korea (Hanguk)?
The Asian region is incredibly attractive for operators due to its high profitability and a huge number of potential consumers.
The launch of a gambling business in Korea will allow you to reach a wide high-income audience and implement your project in a moderately competitive environment. Find out more about the specifics of this up-and-coming state.
The Strengths of the Considered Area
Many local and foreign investors buy online casinos in Korea. What attracts businessmen to this country?
Here are some strengths of the considered region:
The possibility of receiving substantial profits. After opening a gambling business in Hanguk, an entrepreneur will get access to a broad solvent audience. The average monthly salary exceeds 3 thousand dollars in Korea. This figure is rather high compared to some other Asian and European countries. Relevant technological trends. Korea is one of the world's centres of high-tech industry. Therefore, local gamers closely follow trends, buy innovative gadgets, and try their hand at new gambling formats. The popularity of mobile solutions. The citizens of the considered state practically never part with their phones, tablets, and other smart devices. Buy cross-platform casino software in Korea to expand your potential audience. A wide range of areas. Local gamblers are active in different gaming directions. They prefer online poker, slots, VR and AR entertainment, live casinos, lotteries, etc. Open a profitable gambling business in Hanguk after choosing the best niche for yourself.
The Specifics of the Korean Gambling Laws
The country's entertainment industry is primarily tourist-oriented. Over 2 million tourists come here every year. The process of legalising the gambling business in Korea began in the late 60s.
The largest casino, Kangwon Land, was built in 2000. This is the only establishment providing its services to the local population. The remaining 16 gaming clubs are aimed exclusively at foreigners.
The lack of choice in the land-based gambling business in Hanguk has led to the rapid popularisation of internet projects.
Virtual casinos are not legalised in this state according to the South Korean gambling laws. At the same time, the majority of gaming clubs’ owners launch their start-ups under offshore licences.
Working with international permits does not contradict the South Korean gambling laws. Contacting the offshore gaming commission will allow an operator to obtain a licence at a more favourable price and receive beneficial conditions for the renewal of the permission document.
The most popular territories for licensing gambling businesses in Korea are as follows:
Malta; Kahnawake; Cyprus; Curacao; Antigua and Barbuda, and others.
Restricted Casino Providers in South Korea
The unregulated nature of online gambling in the country attracts a lot of businessmen from abroad to target locals with offshore platforms. While it is not currently possible to register a casino brand in South Korea, it is still necessary to adhere to multiple conditions that are based on laws to work in the area.
The obligation to comply with requirements touches not only operators but the suppliers of content as well. Not all software developers can offer their services on the premises of the state. To change the situation, they have to adapt their elaboration process to the established laws and prerequisites of the country.
Restricted providers of gambling products in South Korea:
- Amatic;
- Yggdrasil Asia;
- ELK;
- Evolution Gaming;
- Ezugi;
- Revolver Gaming;
- iSoftBet;
- HoGaming.
The lack of these companies in the local iGaming arena is compensated with other renowned organisations that offer official programming support in the state. Casino Market cooperates with dozens of top-rated software creators and can aid with the entertainment library assembly in South Korea and any other region in the world.
Order proficient assistance in collection configuration and keep in mind our other services, including help in licensing, marketing campaign elaboration, and even turnkey solutions.
How to Implement a Gambling Business in Korea?
To open an online betting club in Korea or launch a virtual gaming project here, you need to carefully plan each stage of work on your start-up.
We recommend you to follow this algorithm:
| Receive a permission document | Select the optimal jurisdiction and study its prerequisites. Prepare your company for licensing. Collect the package of necessary documents and pay all required payments |
| Create a bright and stylish online resource | Attract your potential customers with an original and vibrant look of your iGaming portal. Pay enough attention to such parameters as the user-friendliness of the interface and ease of navigation |
| Order high-quality casino software in Korea | Find worthy content providers. Trust such eminent manufacturers as Amatic, Igrosoft, NetEnt, Gamitator, and others |
| Install and configure program products | Connect gambling software in Korea to your gaming platform. Set up the key parameters of products: bet limits, design elements, bonus options, and others. Enlist the support of specialists to make the integration and customization processes easier and faster |
| Integrate payment instruments | Install several popular and reliable money transfer services to form a decent assortment of payment instruments |
| Protect information and monetary assets | Install effective security systems to protect the confidential data and financial resources stored in your turnkey casino in Hanguk from external threats |
| Attract potential players | Engage prospective customers with such relevant and effective techniques as affiliate marketing, social media advertising, mailing, and others |
| Retain solvent users | To keep the audience interested in your turnkey casino in Korea, organise promotions and sweepstakes for regular clients. Reward your customers for in-game achievements and attracting new users |
The opening of a casino in Korea consists of many stages. To cope with each task and get the perfect result, you should enlist the support of professionals. Intermediary companies offer many cooperation options for managers.
The Peculiarities of Launching Turnkey Casinos in Hanguk
The purchase of a ready-made entertainment project is a unique opportunity to get qualified assistance in creating a gaming portal at an affordable price.
Experts from such spheres as design, marketing, programming, law, and others will help you think over every nuance of the work of your future turnkey casino in Korea.
When ordering this service, you will receive the following benefits:
The preparation of the project for licensing. Consultants will familiarise you with the specifics of different jurisdictions and help you comply with the terms of the selected regulatory body. The choice of entertainment content. Buy an online casino in Korea following a turnkey scheme to get an extensive selection of popular games from the best suppliers. The installation and adjustment of software. Manage the desired parameters of program products with the support of experts. The software integration and configuration process will take a minimum of your time. Technical and informational maintenance. Solve any issues related to the operation of your turnkey casino in Korea quickly and easily with the help of informative consultations provided by real professionals.
The Main Things about Approaching the Korean Market
Working in the Asian region is the dream of many entrepreneurs from around the world. Make it happen by purchasing a turnkey casino in Hanguk. The conditions of the Korean gaming industry stand out from other emerging markets.
This country has such features:
decent incomes and high activity of players; the audience’s interest in advanced technologies; the popularity of offshore licensing; the operation in various iGaming fields.
To open a casino in Hanguk, contact our studio. We have extensive experience in Asia, Europe, Africa, South and North America. The Casino Market company guarantees an individual approach to each project, regardless of its scale.
Leave a request on our website to learn more about the benefits of the Korean market and order innovative gaming products. Our employee will contact you as fast as possible.
Have questions or want to order services?
Contact our consultants:
- e-mail: manager@casino-market.com
- Skype: support.casinosupermarket
- feedback form.
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