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Struggling online publisher BuzzFeed will start applying artificial intelligence to assist create its quizzes soon after laying off dozens of staff. The media enterprise, recognized for its light-hearted articles and “listicles”, will perform with OpenAI, the creator of ChatGPT, on the initiative. This year’s international economic and geopolitical landscape appears highly uncertain.

“It has quite steady revenues and profits, but can’t expect much development without the need of government approval for extra capacity,” stated Lee Jin-woo, fund manager at KTB Asset Management, which owns Kangwon Land shares. Revenues at these two organizations have been hit by a halt in promoting to Chinese VIPs soon after mainland authorities detained 13 folks functioning for them in 2015. By comparison, revenues at South Korean foreigner-only casino operators Paradise Co Ltd and Grand Korea Leisure fell 9 % and 6.five % respectively, according to Reuters’ calculation from firm filings.

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  • The ongoing scandal at a Korean casino that was robbed of over $13m by an employee, is generating the headlines in the country.
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To make factors even more difficult, access to lots of foreign on the net e-wallets are banned or severely restricted for South Koreans. Even one of the most well-known gambling e-wallets, PayPal has a diverse operation for Koreans that come with some strict restrictions – like you are not permitted to transfer funds to non-Korean PayPal accounts. For instance, players in South Korea who win one thing on the local lottery are subject to gambling taxes of something among 22% and 30%.