North Korea Bans All American Casino Casinos
Although it may not look like it, the planet of casino Korea is just like any other. Exactly the same online casinos and game rooms that are within Vegas, Atlantic City or Macao may also be found in Korea. Actually, players from around the world actually go to the country to play a common games. Actually, most tourists who come here never leave their computers. They simply go to the casinos and play their hearts out.
Much like anywhere else on the globe, though, there are a few differences when it comes to casino korea. Before getting too much into the subject, it is best to understand the differences between the two Koreas. On one side, there are the Democratic People’s Republic of Korea (DPRK) and the Unseo-erate Korean Workers’ Party (UPPP). North Korea is technically called the Democratic People’s Republic of Korea (DPRK) and the Union of Korea (UPPP) is acknowledged by the United Nations as a separate entity from the DPRK. The divided country is technically referred to as the Republic of Korea (ROK) but a lot of people call it North Korea due to the official name, that is never found in official speech or documentations.
Although the USA and her allies call the Democratic People’s Republic of Korea (DPRK) circumstances sponsor of international terrorism, the North Korean government has repeatedly denied it and refused to acknowledge any wrongdoing. Instead, it portrays itself as a victim of the global community that it has become the chiefoker. Actually, it has ordered its citizens never to use the currency of the United States or the currency of the Republic of Korea and to thus, cut all ties with them.
Apart from refusing to acknowledge its responsibility for the acts of international terrorism, the DPRK has sought to avoid international gambling altogether. The rationale it employs is that such gambling activity will bring negative economic effects to the country. Therefore, it has closed down all its casinos and put a complete cap on the amount of roulette and casino games. However, it has yet to announce a whole ban of the Korean casinos abroad.
While it may be true that the international community includes a great concern over the activities of the isolated nation, it is unwise for countries, specifically the United States, to single out the Korean casinos whenever there are so many other online casinos available in the spot. The truth is that the two types of gambling which are most prevalent in both Seoul and its immediate neighbor, Macau, aren’t illegal in the eyes of regulations. Rather, their respective owners have taken steps to prevent their establishments from used for money laundering or other criminal activities by their customers.
A great way that the south Korea government attempts to combat money laundering and other criminal activities is by tightening its control over its casinos. A recent directive from the Ministry of Justice of the Korean law prohibits all players and casino operators from using Korean web casinos for transactions to and from certain countries. Specifically, this directive targets transfers of funds to and from the Dominican Republic, Panama, and Jamaica. Although the Dominican Republic and Panama don’t have the same legal problems as the Korean casinos, the move seems rather punitive toward players of the gambling platforms. Since the Dominican Republic and Jamaica are both members of the Caribbean Basin, there are strong financial connections between your two countries. The directive was introduced in order to protect the Dominican Republic’s regulated money exchange and protect its residents’ to enjoy online gambling at any casino in the world including those in the Korean peninsula.
As the directive does not single out any specific casino in either the Korean Peninsula or the Dominican Republic, the move appears to be targeted at all players and operators of these gambling platforms from those two countries to the other. Many experts have accused the north Korean government of trying to use gaming as a weapon in diplomatic relations using its southern neighbor. Experts say that the move could be related to the truth that the north Korean government has been trying to convince the south Korean 올인 119 government to allow sports betting and online gambling in the country.
North Korea is yet to make any direct statement on the issue of whether they are now following the lead of the United States, but the foreign currency brokers in Seoul believe the move is supposed to strengthen their very own economy by curtailing the flow of funds in to the country. As well as the currency issue, the directive may be linked to efforts to build up internal infrastructure for the country’s gaming industry and enhance the online experience for its players. The directive may be connected to increasing controls on the activities of Chinese officials that are facilitating trade with the DPRK. However, it is unclear whether or not the new measures are designed to curb gambling activities entirely or if this can be a tactic used to limit the ability of the DPRK’s overseas casinos to make transactions with players from america and other developed countries that have imposed similar laws recently.