Gambling news from http://www.upi.com/
Prosecutors in South Korea have arrested a comedian-turned-entrepreneur who they believe is a central figure in a recent nationwide gambling scandal.
Kim Min-seok, 41, allegedly bribed government officials for business favors on behalf of the gaming industry, The Korea Herald reports. Game developers are suspected of repaying him with kickbacks.
Authorities searched his high-rise home, during which Min-seok allegedly tried to destroy evidence by shredding documents and throwing his computer out his apartment window.
Gambling in illegal in South Korea, but developers and distributors of slot-machine videogames bypass the law by providing winners with gift certificates instead of cash, sparking a nationwide gambling phenomenon, the Yonhap News Agency reports.
The nation's game arcades have grown into a $27 billion market.
Min-seok burst onto the videogame scene in the late 1990s, following a stint in show business, when he launched a series of popular games that grew into a multibillion-dollar empire of gambling arcades.
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