The Gambling Commissions in Korea – My Take
About Casino Korea. The annals of how Koreans first became named Casino Korea is quite interesting to say the least. Everything began when some North Korean entrepreneurs decided they wanted to open a global casino down there on the Korean Peninsula. This was during the 1990’s. So, what happened?
Well, it actually started by accident. At one point, the top of one of the largest Korean casinos was traveling in south Korea and he took a vacation to the Ryugan Hotel in Busan. There, he met with the Vice Premier of the north Korean government plus they struck up a deal whereby the north would buy a number of slots from the south for resale in the north. The north got its hands on a nice piece of real estate in Busan and the south Korea was able to benefit from the revenue generated by the hotels and the gambling facilities. Thus, the initial 온라인 바카라 casinos in south Korea appeared.
Over the years, there were more casinos opened in south Korea than in the north. However, there’s not been enough interest shown in the north to drive their tourist dollars in their mind, so they haven’t seen a spike in gambling growth. This will not mean that the north isn’t a place to accomplish business – far from it – but that they are not as visible as say, a Vegas style casino.
This will not mean that you can find no casinos in north Korea. This just means that they are not as no problem finding. You can try the Yuchezyme Guide to guide you to the very best places to play slot machines in north Korea. The guides that I have personally used are: North Korea Guide and Slot Machine Korean. They are two of the greatest guides out there for slot machine gaming in north Korea.
You can find more than a few explanations why the north Korean entrepreneurs took advantage of this emerging industry. First, they will have the money to take action. While there are people surviving in south Korea who do make a living by running these kind of enterprises, the majority of the individuals who run the casino Korean online game industries are located in the north. Therefore, the north comes with an edge over south Korea when it comes to capitalization and man power. The north Koreans also has the advantage of being able to capitalize faster.
However, the disadvantage of the north Korean businessmen may be the insufficient a legal system to support the operations of the casinos in the north. If the north Korean government did setup a legal system, that could monitor and tax the south Korean online casino game industry, the south Korean government would probably shut down all the casinos, since it will eventually lose its income source. However, the north Korean government seems to be too worried about the increased loss of revenue that it may experience and as a result is holding onto the casinos. Therefore, the south Korean businessmen will continue steadily to enjoy their business and never have to worry about the possible advent of regulations on taxation of the casinos. That is probably one of the reasons why the north Korean government is less hostile towards the south Korean businessmen than towards the south Korean internet industry.
When I first heard about the story of the North Korean entrepreneur that was arrested for his involvement in the online baccarat gambling scene in Korea, I was shocked. I had never found out about any of the stories about corrupt leaders from the north, having to step down because of the involvement in corrupt activities. Even though many people are saying that this is all B.S.D. (B.S. east German invented, you know), I disagree.
I believe the reason why many players are not playing in the south Korean casinos is basically because they fear that the federal government will close the whole lot down or take away each of the players from it. Since the amount of players is decreasing in the casinos all over the world, they’re afraid to risk planing a trip to the south Korean countries to play. I could understand their fears, but what they do not understand is that the federal government has made no formal complaints contrary to the player who was simply arrested. Now, if this were true, then why would the federal government arrest someone for gambling in a single country when they cannot point to where in fact the players came from. Therefore, I believe that there is no truth to the story and I don’t believe the south Korean businessmen are being persecuted for a thing that they did not do, they are being harassed for a thing that they did not do and the only real place that I have seen for the story is in another of the many articles posted on the net concerning the Gambling Commission in Korea.