The Regal Seochang-Do Casino in Seoul, Korea
The story of how Koreans became referred to as Casino Korea to say the least is interesting to say the least. It all began when a band of South Korean men decided they needed to open an exotic gambling establishment in Korea. The North Korean government had managed to get illegal to operate any kind of gambling establishment on the Korean Peninsula. The American Consul in Korea was wanting to mediate a deal between your two sides. The North Korean government was not overly thrilled with the idea that Americans were to arrive to play a common game.
So they sent out their finest hackers and computer experts to try and hack into the American computers and discover where in fact the casinos were located. When this didn’t work, they turned to extortion. Quite simply, they offered to pay off some of the millions of dollars in debts that the players owed to the casinos in exchange for not hacking their information. This is why the name “casino korea” stuck.
The North Korean government refused to accept the offer so the American Consul in Korea attempted to negotiate a better deal. This led to the south Korea government refusing to allow the American Consul to create the casino. They claimed that it could violate UN sanctions if the casino opened. The south Korea government refused to back off and continued to deny all requests by the American Consul. The north Korea tried several times to ask the south Korea government to permit 라이브 카지노 the casino to open but every time they were met with a solid, deafening silence.
Eventually the North Korea government started allowing the American citizens to play several select slot games and roulette at the casinos. This was wii sign for the south Korea government since the citizens had been told that the federal government would take action against them if the casinos opened. However, in light of the it was determined that the south Korea government was only protecting itself and their people. In light of this the south Korea government started cooperating with america in trying to find ways to help improve the internet and to stop the “bad” players from wining and playing at the “bad” slots and online casino games.
Internet gambling platforms are strictly supervised by the Korea Central Plus Commission. This agency was formed to monitor and ensure that the web casinos were meeting the standards that were set forth by the law. They also setup various tests and inspections to insure that the site had not been illegal or fraudulent. Unfortunately, the south Korea government didn’t realize that the players could make an effort to wager real cash on the virtual slot and online casino games. Not merely was this against the law but it was also a thing that the south Korea government was going to need to eventually remedy.
With this in mind the south Korea government decided to implement its version of an attempt to regulate the internet. That is when the creation of the Gambling Promotion Act was born. The Gambling Promotion Act contained some very vague stipulations, which were not known before implementation was complete. Many of these stipulations included the usage of a “real cash” payment method, which were not defined, and also a computerized shutdown for those sites that fail to meet their monthly payments. Unfortunately, a lot of the online gambling platforms didn’t have the foresight to check out through on this new act and were extremely lax on paying their players.
Following the Gambling Promotion Act was implemented the amount of casinos immediately began to increase. Several casinos were established right close to the already existing Korean casinos. Soon enough the entire peninsula was involved in the exciting world of online gaming and betting. Despite the fact that the south Korea government attemptedto put into place a number of sanctions contrary to the new south Korean casinos, the south Korea government soon realized that it was failing to make any type of impact and allowed the casinos to once more flourish.
In today’s times the Seochang-do Casino in Seoul features not only one but three, thousand different gaming slots. Not merely does this casino feature a base slot machine game, which pay a bonus of two hundred and twenty-five won, but there are also another two slots that spend fifty won and another fifty won bonus. There’s a good twenty-one game revolving bonus machine. The players at the Seochang-do Casino in Seoul will not only win a seventy-two bonus, but they also have the choice to play against other players who arrived at the casino, making for a really exciting game of poker.