Game companies that raise social casinos

 

Domestic game companies are focusing on 'social casino', so-called casino games, and 'wayboard' games such as Go Stop and poker as new food. Although it is subject to regulation in Korea as it is speculative, it is possible to generate significant profits overseas, where it is legal, and it is possible to generate new profits by applying the recent blockchain-based non-fungible torque (NFT). As the domestic web board regulation is set to go down in March, expectations that related laws will be relaxed are also growing.

◇ Social casino, goose that lays golden eggs overseas

Social casino refers to games that can be enjoyed in real casinos, such as roulette, baccarat, bingo, blackjack, and slots, through social media (SNS), etc. In Korea, they are refusing to categorize social casino games because they are viewed as highly speculative games. The only legal way to enjoy social casino games in Korea is when game companies provide social casino games for free.

However, overseas, the social casino game market continues to grow every year, so it is called 'the goose that lays golden eggs'. According to market research company Stars ice, the size of the social casino market is expected to grow from $6.8 billion (about KRW 8 trillion) this year to $8.3 billion (about KRW 9.95 trillion) in 2026.

◇ Domestic flights 'banned' for speculative reasons

Unlike Korea, which perceives social casino and web board games as 'gambling' because they are highly speculative, countries where social casino games are active, such as the United States and Europe, are introducing a liability system to minimize the side effects of using games. However, even if game money can be purchased with real money, it is prohibited in principle to turn this game money back into cash.

In the United States, goods (game money) used in social casino games are not recognized as property, even if purchased in Euros. Game money is a tool for enjoying the game, so even if you lose or win money in the game, it is not judged as a loss or profit in property. Social casinos are also games based on chance like reality, and they give rewards, but they are considered only games played with game money online. We do not believe that gambling is established, and we do not govern with gambling regulations.카지노사이트

In addition, companies that operate social casinos must apply a 'responsible game system'. The responsible game system follows the 'Consumer Protection Guidelines' prepared by the American Gambling Committee. This system allows users to control the game themselves. The goal is to allow users to choose their own game time limit, charging and betting limits, and loss limits. Depending on the analysis of game usage patterns, game companies may set usage hours and limits at their discretion.