Economics and statistics

South Korea's income ecosystem rests on four pillars.

Kangwon Land generates the largest portion of terrestrial GGR due to the status of the only casino available to citizens, and fulfills the social mission of developing the region.

Foreign casinos (Incheon, Seoul, Jeju, etc.) depend on international tourist flow (primarily from China and Japan), so their revenue is volatile and sensitive to visa/flight connectivity.

Gosloteria and sports pools (Sports Toto/Proto) provide steady cash flow with targeted allocations for sports, culture and infrastructure; the share of digital sales in these segments is growing.

The tax burden is high: licensing fees, trust funds and income/gaming income taxes apply; operators have significant compliance costs (KYC/AML, RG).

Demand structure: VIP and premium players in resort casinos, mass segment - in Kangwon Land and lotteries.

Key trends until 2030: moderate growth due to the restoration of tourism and digital channels in lotteries/pools, cautious investment in IR, maintaining strict regulation and priority of social responsibility.