Casino News: South Korea is Emerging as a Gambling Giant

South Korea is Emerging as a Gambling Giant

 February 24, 2007, 5:26 pm (4 years ago)

Online gambling is gaining immense popularity in South Korea, according to a report by MSNBC. South Korean government has invested a huge amount in building broadband infrastructures considered to be the most happening not only in Asia, but also worldwide.

In this broadband system 50 mbps data transfer is possible. Top-notch Internet companies like yahoo offers a speed of only 6mbps. This high-speed broadband system can operate Internet gaming across the country. 17 million people of the country's 48 million population are already using this high-speed broadband service. Around 70 percent of South Korean households have broadband connection. Principal & managing director of San Francisco's Pearl Research, Allison Luong said that, this broadband service is enabled with “fat pipes”, which means that Korean household can easily get access to games with rich content file & video-on-demand.

South Korean young generation always tends to explore the latest technological advancement & a regular surfer on the web. But, the style of their online activity is slightly different than my space & other social networking web users in USA. A home PC is a very common thing in this country like having gas or a refrigerator.

An ever-increasing consumer culture is also growing in South Korea that rivals the United States and Japan. It has become a social status symbol to mug up with the latest technological advancement. Luong says, "If you want to move up, you have to have access to the Internet and a PC, & that means to access online games."

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