The Korean Casino Years

casino korea

The Korean Casino Years

The story of how Koreans got referred to as Casino Korea is interesting to state the least. Everything began when some young South Korean men decided that they wanted to open an underground casino within an old abandoned building. The underground structure was built by them using tenements from local Koreans. The tenements were left unoccupied for many years because no one wished to buy them.

Eventually, one of many South Korean businessmen made a decision to convert the tenements into a thing that could be used as a casino. He managed to get the permission from the neighborhood government and everything started from there. In due time, he managed to construct what is now known as Casino Korea. The very first thing that can be said about this building is that it was very expensive and it cost almost ten million dollars. The construction costed near forty million dollars.

The story of Casino Korea goes on from there. Other local entrepreneurs joined in and out of nowhere, they managed to get big. After just a few years, that they had already turned the tenement right into a huge amusement complex with multiple floors. Not only that, it also became known as the Birthplace of the Korean Casino.

That’s where the story 모나코 카지노 ends for the Korean casinos. The next best thing to do after they went bankrupt is to use their land for another thing. Thus, the construction of more casinos started. This time, they used the newly acquired land to create even bigger and better. Soon enough, North Korea got mixed up in deal and everything began again. Before anyone knew it, North Korea was gambling alongside South Korea.

Since North Korea has no real laws to use their casinos, their system is quite vulnerable to hackers. This is one of the explanations why North Korea was regarded as the most ideal places to produce a deposit in the new world of online casinos. With the help of a reliable offshore banking service, the North Korean criminals could actually access the funds that they needed. And just like that, the casino industry in North Korea exploded and converted into a huge success.

The developers of the online casinos didn’t have any idea how big they might be when all was said and done. But one day, the developers were planing a trip to China for an exhibition and forgot to produce a deposit because of their operations in Korea. When they arrived back, that they had no idea how big the was in Korea. Therefore the developers started promoting the theory abroad and soon, around the globe, the idea became popular.

Because the Korean economy prospered, more tourists started flocking to Korea to gamble. But because the most them were from the US, the government of this country imposed some severe restrictions on the neighborhood casinos to cater to the necessity of the locals. But as long as the foreigners were permitted to gamble, the local Koreans could actually enjoy their fair share of the profits made by the online casinos in Korea. Thus, the Korean gambling age had become known as the “Gambling Age” in the country.

Actually, with the global popularity of the web casinos on the planet, many Korean government officials and the authorities were doing their finest to close down the Korean casinos within their country. There have been several anti-gambling cyber squad groups which were made up of five hackers who had been given a task to infiltrate and destroy the systems of the offshore casinos. Unfortunately, not all of them got the job done. Many of them were even successful in hacking into the computers of the casinos themselves. But because of the amazing skills, many Korean government officials and police were afraid that the underground casinos would open up again and cause the same sort of havoc as they had caused during the past.