Thursday, September 10, 2026

NOW: LATEST STORIES

spot_img
18+ | Affiliate links | T&C applyWe may earn a comission... Learn more
POPULAR
Virginia
Big Pirate Social Casino
Mega 150% Extra Coins
+ GC 250K + 25 Free Diamonds (SC) + 1 Rum
Visa Mastercard Mobile + more
Play now!
21+ | T&Cs apply | Free to play | No purchase necessary | Void where prohibited by law

Related Posts

South Korea Handed Out $407K to People Who Exposed Illegal Sportsbooks in 2025

Whistleblowers in South Korea received hundreds of thousands of dollars this year for tipping off authorities about illegal betting operations.

The Korea Sports Promotion Foundation (KSPO), which works under the Ministry of Sports and Culture, confirmed it paid out 600 million won, about $407,000, in rewards during 2025. Half of that amount was distributed in the first six months, showing how active the reporting system has become.

The payouts were made through the illegal Sports Toto Reporting Center, a platform run by KSPO together with its affiliate Korea Sports Leisure. Officials said the rewards were designed to encourage citizens to come forward with information that helps dismantle unlicensed gambling networks.

Sports Toto itself remains the only legal betting channel in the country, allowing small wagers on domestic baseball, volleyball, basketball, and soccer leagues. Operated under the brands Sports Toto and Proto, the system is tightly regulated.

Both bettors and operators can face penalties under gaming laws

South Korean regulators are making it clear that punishment applies not only to those running illegal sportsbooks but also to the people who use them. 

Under the National Sports Promotion Act, operators risk up to seven years in prison and fines reaching 70 million won (about $48,000). Bettors themselves are not spared, courts can hand down sentences of up to five years and fines of 50 million won ($34,000) for those caught gambling on unlicensed platforms.

In addition to these penalties, authorities continue to encourage public reporting. In July, officials announced that whistleblowers could earn rewards as high as 200 million won ($135,708) for exposing operators.

The system is reviewed twice a year, with a committe deciding who qualifies and how much they receive. Earlier this month, one informant was awarded 116 million won ($78,710) for a single tip.

The foundation has also widened the scope of rewards. Anyone who reports a patron or promoter of illegal sportsbooks can receive up to 15 million won ($10,178). For information tied to match‑fixing, the incentive rises to 50 million won ($34,000).

“Illegal sports gambling operators are continuing to use covert methods such as anonymous registration to promote their sportsbooks,” a center spokesperson stated, according to CasinoBeats.

“They send invitations via the Telegram chat app. And they let bettors use stablecoins like USDT to place bets, we call upon the public to help us eradicate illegal sports gambling, which is becoming increasingly difficult to wipe out.”

Join us on for early access to the latest igaming videos!

Get notified about our video interviews, slot reviews and other exciting video content. All our videos are published on YouTube first.

Connect with us on and get the latest igaming news first!

Stay up to date with the latest news from the iGaming industry. Check out our interviews, reviews, news and videos. Be the first to know when a story breaks.

Chidubem Ovute
Chidubem Ovute
Chidubem is a seasoned casino journalist for iGamingToday.com, bringing over six years of expertise in the online and land-based gambling industry. Known for his in-depth analysis and engaging articles, Chidubem covers a broad spectrum of topics, including , regulatory developments, reviews, slot game launches, and emerging trends in iGaming. His deep knowledge of gambling regulations, online slots, bonus structures, and player engagement strategies has made him a trusted voice among both casual players and industry professionals. Dedicated to accurate reporting and responsible gambling advocacy, Dubem’s work at iGamingToday.com continues to provide readers with valuable insights into the fast-paced world of casinos and gaming innovation

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles