WHY IS People Play Casino Games?

casino korea

WHY IS People Play Casino Games?

The interesting story of how Koreans became referred to as Casino Korea is quite fascinating to say the least. It all began whenever a group of North Korean entrepreneurs decided that they wanted to open an underground casino down in the Yanyang Resorts. The American Consul in Korea attemptedto mediate between the both parties but to no avail. The dispute became so heated that the American Consul was forced to leave the country and the North Koreans were not given permits to operate their own casino.

However, not quitting and keeping on fighting did bring about the establishment of 1 of the largest underground casinos ever known in north Korea. Referred to as Casino Korea it operated in the Goryeo District of central Seoul. Many foreign tourists were attracted to this newly established casino and its own popularity grew together with the influx of south Korean businessmen who wanted to utilize the enormous gambling potential in north Korea. These south Korean businessmen were mainly from the Philippines, Taiwan, and Hong Kong. This is to no avail though because despite the strong desires of the south Korean businessmen to have a share in this lucrative business enterprise, these were denied access by the communist government. In the end, only a few hundred people could gain access to this wonderful opportunity.

There were a lot of explanations why the south Korean businessmen decided not to give up on the thought of having a casino korea. The initial was they had no financial backing for their venture. The second was that they feared the backlash from the communist government. The majority of the south Korean businessmen have been to the country before