Market News - Gambling

Illegal online 'impeachment betting' spikes ahead of ruling on Yoon

The article “Illegal online ‘impeachment betting’ spikes ahead of ruling on Yoon” discusses the surge in illegal online gambling related to President Yoon Suk Yeol’s impending impeachment verdict. Despite being illegal in South Korea, these bets are proliferating on online communities, with users even utilizing overseas platforms and cryptocurrencies to participate. Legal experts warn that such activities remain unlawful under Korean law, regardless of the platforms’ locations. This trend mirrors similar betting behavior observed during the 2017 impeachment of former President Park Geun-hye.

View the original full article here: https://www.koreatimes.co.kr/www/nation/2025/03/281_394076.html

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