Korean Horse Racing Report

 Tax revenue from gambling sector gains 4% in 2015

South Korea’s tax revenue from the country’s gambling industry expanded 4 percent in 2015 from the previous year due largely to increased sales, data showed Monday. According to the data by the National Gambling Control Commission, taxes collected from gambling-related businesses, including casinos and horse race betting, reached 2.42 trillion won ($2.06 billion) last year, compared… [Read more…]