Evolution of Sports Gambling in Korea The historical past of sports activities gambling in Korea dates again a quantity of decades, with lottery systems and casual betting existing lengthy earlier than formal laws have been established. In the early 2000s, the federal government acknowledged the potential for income generation and began implementing structured rules. The establishment of the Korean Sports Promotion Foundation in 2001 marked a pivotal moment, as it created a legal framework that governs sports activities betting today.
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Match winner betting is the simplest type