There were about 3,700 fake chips in KRW1 million denomination. Upon careful examination, the chips were almost similar to the authentic casino chips.
The fake chips were found out to be from China and smuggled in by South Korean locals. In 2008, an international crime ring developed a scheme to smuggle fake chips into a Kangwon Land Casino and cash it out. There have been previous instances where the casinos fell victim to casino chip forgery and smuggling. South Korea has plenty of foreigner-only casinos and they are not immune to illegal activities.
This casino is not exempt from illegal activities led by individuals. They are, however, allowed to play for leisure at the only casino for locals located in the remote province of Gangwong. Gambling for monetary gain is illegal for South Korean locals.
