The South Korean government has confirmed it plans to ease restrictions making it easier for foreign investors to obtain casino licenses, according to local media. The plan was disclosed at a meeting presided over by President Park Geun-hye on how to boost the tourism industry. However, it will not open the casino market to Korean residents. Up until now, investors were required to have a minimum credit rating of BBB. That will be eased and other factors, such as financial capacity will be considered, the reports said.