The South Korean won (KRW) has been South Korea's currency since 1945, although it was replaced by the hwan for a few years in the 1950s. The KRW was reintroduced in 1962 and by 1975, it was South Korea's sole legal currency. The Bank of Korea issues won bills and coins in various denominations.
South Korea has strict anti-gambling laws, yet there are a number of international live casinos accepting wagers in the South Korean currency. South Korean fans of live casinos can visit 22Bet, Dafabet, and other similar online gambling establishments to play games such as dragon tiger, mahjong, roulette, and blackjack, and make their bets in South Korean won.