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The HKJC explained the situation in Hong Kong that it is strengthening the competitiveness of the legal market while managing the illegal market not to encroach on the legal market through government-wide crackdown efforts. Hong Kong's soccer betting, which raised sales by more than 56 percent by lowering the margin rate from 17.9 percent to 15.7 percent, and horse racing and sports betting, which developed various types of betting, were examples of strengthening competitiveness, and the police, the Ministry of Home Affairs, as well as the media, NGOs, financial institutions and portal site operators are making all-out efforts to crack down on illegal betting. Meanwhile, it introduced cases in which illegal organizations that have established a strong online user environment are operating servers overseas targeting Korea, warning that if Korea fails to lay the foundation for systematic management of the illegal gambling problem, it could reach an untouchable point.
Wednesday, January 21 2026 - 03:03 AM
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Then, an FTA was concluded with the United States. Now, I thought I could not even do a meat-eating business. I asked my son, who was in the meat-eating business, if he wanted to run a horse-riding business. The son also said he would try to see if he thought the horse-riding business had a vision rather than a meat-eating business. Then, he asked me to get a horse-riding instructor's license. That's how after my son obtained the horse-riding instructor's license, I started the horse-riding business in earnest in 2007. We operate the system thinking about what the horse-riders want, not my standards. It is natural as a business operator to generate profits. However, even though it is a little difficult, it is important to keep the principles. If you take this out and that out because it is difficult now, it is a vicious cycle.
Wednesday, January 21 2026 - 03:03 AM
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Critics say that when the law on fostering and supporting the cruise industry, which allowed cruise ships on board, was reviewed by the National Assembly, it promised to strictly restrict access to Koreans, but reversed its stance in just three months after the law passed the National Assembly in February. There has already been a discord among government ministries over coordination. The Ministry of Culture, Sports and Tourism, which is in charge of approval rights, clarified that it has never considered allowing Koreans to use casinos on board. This is because the current law prohibits allowing casinos on board by Koreans. As the Ministry of Oceans and Fisheries seeks to allow casinos on cruise ships to be used by Koreans, it is expected to have a significant impact on the legal enforcement industry in Korea.
Wednesday, January 21 2026 - 02:59 AM
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Critics say that when the law on fostering and supporting the cruise industry, which allowed cruise ships on board, was reviewed by the National Assembly, it promised to strictly restrict access to Koreans, but reversed its stance in just three months after the law passed the National Assembly in February. There has already been a discord among government ministries over coordination. The Ministry of Culture, Sports and Tourism, which is in charge of approval rights, clarified that it has never considered allowing Koreans to use casinos on board. This is because the current law prohibits allowing casinos on board by Koreans. As the Ministry of Oceans and Fisheries seeks to allow casinos on cruise ships to be used by Koreans, it is expected to have a significant impact on the legal enforcement industry in Korea.
Wednesday, January 21 2026 - 02:38 AM
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Minister Yoo Ki-joon stressed, "Since each cruise tourist spends about 1,000 dollars, it has the same added value as handling 10 containers." If 3 million people use the casino, it will generate economic inducement effect of more than 3 trillion won (3 billion U.S. dollars) annually. Moreover, if Koreans are allowed to enter the casino on board, the economic effect is estimated to exceed 4 trillion won (4 billion dollars). There are also strong voices of criticism over the ministry's push to use casinos on board by Koreans. The ministry has selected the development of cruise and marina industries as a core task of the ministry since 2013, and has been particularly obsessed with open casinos on board. However, it was buried under the surface of the Ferry Sewol last year, when the first anniversary of the Ferry Sewol passed a Cabinet meeting, along with the lifting decision and the enforcement ordinance of the Special Sewol Act, it was quickly brought up again.
Wednesday, January 21 2026 - 02:35 AM
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In response, Park Sung-ki, the secretary general, said, "If the law is repealed, there will be confusion among the public. A second episode of "Story of the Sea" can be repeated," and added, "The commission needs special jurisdiction over illegal gambling." Currently, the commission is seeking investigators on illegal online gambling as an alternative. We agree that the commission needs to ease regulations on the legal gambling industry. "I think it is a groundbreaking idea to integrate legal and illegal scale into the total sales system, but in reality, it will be difficult because the scale of illegal activities varies from one investigation office to another." As the Ministry of Oceans and Fisheries announced that it will push for Koreans to use casinos on board as part of efforts to revitalize the cruise industry, concerns are rising that the decline in sales will accelerate not only in the legal gambling industry in Korea but also in the horse racing industry.
Wednesday, January 21 2026 - 02:31 AM
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Park Sung-ki, the secretary-general of the integrated supervision committee on the gambling industry, who was the first debater, briefly introduced the background, definition, and role of the audit committee, and said, "The audit committee was created to eradicate illegal gambling games at the time of its launch, but the government did not recognize the right to crack down on illegal gambling and focused on institutional regulation of the legal sector." In addition, he stressed, "We are grateful for the fact that the National Assembly created this event, with a crackdown team on illegal gambling scheduled to be formed soon within the audit committee. Budget, organization and cooperation are needed for cracking down on illegal gambling in the future."
Wednesday, January 21 2026 - 02:06 AM
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In 2009, a bill was submitted to the National Assembly to grant special judicial police rights to public officials who monitor illegal gambling, but it was not processed. Researcher Kang pointed out, "Illegal gambling is being conducted by organized criminal groups that operate as a branch organization and manage members with borrowed-name accounts." He stressed, "The establishment of a government-wide crackdown body is essential to crack down on them effectively." Furthermore, it also proposed a thorough return of profits from illegal gambling organizations. In other words, fines of tens of millions of won to these organizations that earn as much as hundreds of billions of won are too light. Under the Criminal Law, the crime of opening gambling and issuing lottery tickets is subject to a statutory sentence of up to five years in prison, a fine of up to 30 million won, or a fine of up to five years in case of illegal sports betting or up to 50 million won.
Wednesday, January 21 2026 - 02:03 AM
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Representative Kim Woo-nam, a co-host, said in his opening speech, "The tax revenue and funds of the legal enforcement industry over the past decade amounted to 19.9124 trillion won and 20.4598 trillion won, respectively. The side effects of the legal enforcement industry require close management and control by related agencies, the government, and the National Assembly, but the legal enforcement industry also contributes greatly to the national government. The problem is that as illegal gambling is becoming more popular, the positive effects of legal enforcement projects that contribute to the national finance are fading. The scale of the illegal enforcement industry announced by Korea University's industry-academic research team in 2012 was estimated to be 75.1474 trillion won, but illegal gambling has been voiced, so there is a limit to grasping the actual market size and its side effects.
Wednesday, January 21 2026 - 01:58 AM
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After the panel discussion, a question-and-answer session continued with the audience.The legal enforcement industry is managed and supervised by related laws in each field, but it is suffering from the double regulation of rooftop houses due to the Audit and Inspection Committee Act." Kim Moon-young, the publisher of this newspaper, asked Park Sung-ki, the secretary-general of the Audit and Inspection Committee, "Why don't we change the inspection committee to the illegal gambling management and supervision committee in accordance with the significance of its launch, as we need to increase the competitiveness of the legal gambling industry to prevent the spread of illegal gambling?"
Wednesday, January 21 2026 - 01:34 AM
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Compared to astronomical expected returns, such punishment is acceptable," Kang said. "If we actively utilize the criminal return system to collect the profits from gambling, we will be able to reduce illegal gambling." At the same time, measures to ease regulations to strengthen the competitiveness of the legal gambling industry were proposed as solutions. Researcher Kang said, "It is time to think about how to absorb the demand for illegal gambling industries into the legal market," adding, "We have been implementing a total sales system only for legal gambling projects, but it is necessary to implement an integrated total sales system by including illegal gambling industries in the future." Following the presentation of the topic, a forum was held in which experts from all walks of life participated, and various opinions were presented to prevent the spread of illegal gambling in Korea.
Wednesday, January 21 2026 - 01:31 AM
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In response, Park Sung-ki, the secretary general, said, "If the law is repealed, there will be confusion among the public. A second episode of "Story of the Sea" can be repeated," and added, "The commission needs special jurisdiction over illegal gambling." Currently, the commission is seeking investigators on illegal online gambling as an alternative. We agree that the commission needs to ease regulations on the legal gambling industry. "I think it is a groundbreaking idea to integrate legal and illegal scale into the total sales system, but in reality, it will be difficult because the scale of illegal activities varies from one investigation office to another." As the Ministry of Oceans and Fisheries announced that it will push for Koreans to use casinos on board as part of efforts to revitalize the cruise industry, concerns are rising that the decline in sales will accelerate not only in the legal gambling industry in Korea but also in the horse racing industry.
Wednesday, January 21 2026 - 01:27 AM
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Park Sung-ki, secretary-general of the Gambling Industry Integrated Supervision Committee, emphasized the need for budget, organization, and cooperation to crack down on illegal gambling. "There are investigations that the regulation of legal gambling projects is not helping to eradicate illegal gambling at all," said a professor of criminology at Kwangwoon University in Jonghwa Lee, and Hong Deok-hwa, head of the Citizens' Coalition for Addiction Prevention, said, "If we block the illegal gambling market worth more than 100 trillion won, we can also solve the civil servants pension." "The number of online gambling games is on the rise recently," said Cheon Ki-hong, a prosecutor at the Supreme Prosecutors' Office. "The prosecution will continue to crack down on the underground economy, and will make efforts to prevent illegal gambling by recovering online profits to block the source of game manufacturers and suppliers."
Wednesday, January 21 2026 - 12:55 AM
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Kang Seok-gu, a researcher at the Korea Institute for Criminal Policy, expressed concern about the policy direction of the Gambling Industry Integration Supervision Committee (hereinafter referred to as the Audit Committee), which was launched in the wake of the so-called "Sea Story" incident in 2006. The Audit and Inspection Committee, which expected to carry out management and supervision of the remnants of the gambling industry along with the legal and illegal markets, pointed out that it has been focusing only on the control of the legal gambling industry. It analyzed that the illegal market has rapidly spread to illegal gambling and illegal sports betting through mobile and the Internet. It estimated that the current illegal market in Korea is worth 100 trillion won and urged the Audit and Inspection Committee to conduct regular surveys on illegal gambling and come up with policies to absorb the illegal market as much as possible into the legal market.
Wednesday, January 21 2026 - 12:53 AM
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Researcher Kang argued that above all, it is necessary to establish a pan-governmental crackdown body that can strongly regulate the illegal gambling market. Although the Enforcement Director of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Enforcement Directorate of the Investigation Department, there is no legal authority to investigate or investigate the reported contents.
Wednesday, January 21 2026 - 12:46 AM
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However, the Horse Industry Promotion Act was enacted in 2011 by the government as an alternative to increasing rural income at the expense of the agricultural sector to strengthen the export competitiveness of the manufacturing industry. It is part of the government's long-term agricultural policy, not a temporary one.The government's "First Five-Year Comprehensive Plan for the Promotion of the Horse Industry" from 2012 to 2016 has already expanded the base of the horse industry in the agricultural sector, and as of 2016, the base of the industry has been formed, including 2,278 horse industry businesses, 479 horse racing grounds, and 16,662 horse industry workers. The growth of the horse industry was driven by the government's policy to foster the horse industry,
Tuesday, January 20 2026 - 11:33 AM
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Most welcome of all is the recognition that "the Korean Horse Association is neither an intelligence agency nor an institution that requires special security," and emphasized that "we will ensure that all possible areas of work can be carried out transparently." He also said that it is the "shortcut to restoring trust to the public." Analysts say the remarks were made in consideration of the worsening image of the Korean horse racing society and the horse industry, which were triggered by former chairmen cutting off or avoiding some media at the "advice" of some followers. The second task can be concentrated on coping with the declining of the horse racing industry. Chairman Kim Nak-soon, who said generating profits through horse racing is difficult for the future even considering global trends, mentioned the crisis of closing the over-the-counter sales office.
Tuesday, January 20 2026 - 11:18 AM
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Above all, he emphasized that he would love and trust the Korean Horse Association organization indefinitely, and said, "We can be loved enough depending on how we do it."The two tasks of the Korean Horse Association that Chairman Kim Nak-soon revealed were the restoration of public trust and the handling of difficulties in the declining of the horse racing industry. It is a very difficult challenge to return the frozen heart to a warm gaze, but he stressed that he will surely achieve the restoration of public trust by adding the outstanding abilities, passion, and beliefs of the executives and employees of the Korean Horse Association. He emphasized that the best path and the focus of the Korean Horse Association is to return to an institution that is faithful to its purpose of establishment, he said,
Tuesday, January 20 2026 - 11:14 AM
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Chairman Kim Nak-soon was first called as the 36th chairman of the Korea Racing Authority and said it was a personal honor. As with most inaugurations, he mentioned the weather and said, "The cold start is not so much the public's view of the current Korean Racing Authority as the weather," adding, "I am truly afraid of the public's strict order to be reborn with a great sense of responsibility." Although he was branded as the head of a state-run corporation subject to public distrust, criticism, and deep-rooted evil, he said he would not hold people accountable for any reason. It was not the problem of the entire Korean Racing Authority, but the problem was the manager who claimed to be a puppet and some of his followers who used it as a tool for his standing. However, not everyone should be proud.
Tuesday, January 20 2026 - 11:12 AM
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Looking at the unprecedented situation, such as the postponement of the CSAT due to last year's Pohang earthquake, the horse industry has not had a strong production base and is designed to withstand the thought that it could collapse in a moment. We look back on Korea's horse industry policy once again, and we hope that the completion of Part II and the era of natural Part I will come with the production of domestic horses that surpasses foreign horses thanks to the establishment of policies and investment that can develop co-prosperity. We sincerely thank the horse racing fans who always give us a lot of love for domestic horse racing, and we will do our best to produce faster and stronger horse racing horses through improvements such as replacing excellent seed horses thanks to your interest and support.
Tuesday, January 20 2026 - 11:09 AM
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The Year of the Golden Dog in the Martial Arts 2018 has emerged vigorously. I wish you all good health and blessings in the wake of the strong spirit of the rising year. Last year is remembered as a very eventful and difficult year, from the earthquake and the end of the year to the fire disaster, in addition to the nation's anxiety caused by the national manipulation of state affairs, the impeachment of the president, and the nuclear provocation of North Korea. As the horse racing industry experienced a series of deaths from horse racing officials, voices for improved working conditions, and the rare occurrence of special labor supervision, the horse racing industry as a whole seems to be cold and exhausted. I hope that 2018 will be a year when all these things are spent in the oil refining year and turned around with a new beginning like a new sun of hope,
Tuesday, January 20 2026 - 11:06 AM
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Specifically, the government should focus on expanding demand for the horse industry and creating a foundation for the horse industry, as well as creating a horse industry complex to strengthen the competitiveness of the horse industry and revitalizing the horse industry special zone. In addition, the government should strengthen its capabilities not only to create a foundation for the production and distribution of horse meat, but also to cultivate professional manpower in the horse industry and to promote horse racing. Words are a symbol of wealth, power, and happiness. I ask that you all be with me in making a happy Korea with horses. Finally, I hope that 2018 will be a year of martial arts full of health, happiness and peace for all the people of Korea, the Horse Industry Journal and the Korea Horse Industry Association.
Tuesday, January 20 2026 - 11:00 AM
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Although Korea now has about 30,000 horses, if you look at the history of Goryeo, you can see the record of having 1 million horses during the Goryeo Dynasty. This tells us that Korea was a horse powerhouse in Central Asia and around the world. Horse experts also evaluate that Korean guahamas, or Jeju horses, are much stronger than Mongolian horses. Given that not only citizens but also many foreigners showed interest and reaction to the Eurasian Altai Cultural Exchange Exhibition, which was held at Gwanghwamun Square in 2017 with the Seoul Horse Industry Association's "Seoul Horse Culture Festival," I am confident that the horse industry can become a major policy of Korea like K-POP. Like many Korean stars who have shone in the Republic of Korea, such as Kim Yu-na, I have no doubt that Korea's horse industry will spread all over the world.
Tuesday, January 20 2026 - 10:47 AM
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They have made great efforts to overcome the existing misconception that only a few people can enjoy horse-riding. In order to popularize horse-riding sports and expand the base, events large and small were planned and held every year, and they approached citizens with various cultural festivals to enjoy themselves and share themselves. The Korea Federation of Horse Industry, in cooperation with the Ministry of Agriculture, Food and Rural Affairs and the Korean Horse Association, which are the central pillars of horse-riding policies, always strives to ensure that the government's horse-riding policies can become hope for the people. Korea is the first nation in the world to achieve economic and political miracles in 70 years. Do you know that Genghis Khan was originally a descendant of the Korean people?
Tuesday, January 20 2026 - 10:44 AM
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I hope you achieve everything you wish, and I wish everyone in the horse industry a busy and exciting year, especially as the sound of horse hooves shaking the earth and earth vibrates again. Looking back, the past year has been a very difficult and difficult year. The hard work that has been done for many years has collapsed overnight, and in particular, the image of the horse industry, including horseback riding, has been greatly undermined, the number of citizens visiting the horse racing course has decreased, and people have been criticized for not doing anything wrong. It is said that risks and opportunities coexist in crises. Taking lessons from the fact that we must join forces to show unity in times of difficulty, we gathered together to form the National Horse Racing Authority, a corporation, and made a strong start.
Tuesday, January 20 2026 - 10:38 AM