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There are no passive investor specifications relating to acquisitions or alterations of handle of gaming and gambling firms. There are no distinct disclosure needs for acquisitions or adjustments of control of gaming and gambling providers as an alternative, basic guidelines on merger control in South Korea apply. A firm with assets or revenues of KRW300 billion or additional, if the assets or revenues of the target firm are KRW30 billion or much more, is needed to file a organization combination report to the KFTC. Listed organizations are obligated to disclose acquisitions and adjust of handle.
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