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At the signing ceremony, Gyeonggi education chief An Min-seok emphasised the immediacy of the issue: βTo effectively respond to youth gambling problems, close cooperation between the Office of Education, which best understands the school environment, and specialised prevention and treatment institutions is necessary.
He added: βI hope this agreement does not remain a mere event but leads to the implementation of practical policies.β
Korea joins many other markets, including Ireland, which in July initiated a national campaign aimed at helping parents and guardians recognise and respond to underage gambling. The campaign will be disseminated through video-on-demand services, radio, digital audio networks and social media platforms.
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Braun also argued that the public had been excluded from the preparatory finance committee meeting without justification.
But the court said that point did not affect the validity of the by-law, adding that it saw no evidence of a tax that would choke businesses.
The judges highlighted the number of gaming halls in the city remained largely stable after the increase.
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“We’ve never had people in a more gambling mood,” Buffett observed.
In his 2022 letter to shareholders, he criticized mobile trading apps that make day trading and speculative positioning effortless, accusing them of turning the stock market into a “gambling parlor.”
Two years later, Buffett again targeted the “gamblification” of financial markets in his annual shareholder letter.