Horse Racing in South Korea
South Korea's Korea Racing Authority operates two world-class racecourses generating over $8 billion in annual pari-mutuel wagering — placing it among the world's top three racing betting markets.
2
Racecourses
$8B+
Annual Wagering
Korean Racing: A Wagering Giant
South Korea's horse racing industry, administered by the Korea Racing Authority (KRA), is one of the most commercially successful in the world. Racing is legal only at the three KRA venues — Seoul, Busan, and Jeju — and this concentration of legal betting drives extraordinary wagering volumes. Seoul Racecourse Park alone draws over 5 million visitors per year and processes pari-mutuel pools that rival Hong Kong's HKJC for single-venue wagering volume.
The KRA has invested in internationalising its product through the Korea Cup and Korea Sprint — international invitation races that have attracted participants from Japan, Australia, and the United States. The Korea Cup winner's prize of over $1 million USD has made Korea an increasingly attractive target for connections of international horses seeking new markets. Korean racing takes place on dirt tracks, reflecting the influence of American racing culture on Korea's thoroughbred industry — the KRA imports American-bred horses regularly, and Korean jockeys train abroad in the US and Japan.
Top Sportsbooks for Korean Racing
Bet on KRA Cup Classic & major Seoul meetings
GG
Asia's largest racecourse and South Korea's flagship venue, drawing over 5 million visitors annually to the Korea Racing Authority's flagship track.
BS
South Korea's second major KRA facility, serving southern Korea with a world-class dirt racing programme.