The Regal Seochang-Do Casino in Seoul, Korea
The story of how Koreans became referred to as Casino Korea to say minimal is interesting to say the least. It all began when a group 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 the two sides. The North Korean government had not been overly thrilled with the theory that Americans were coming in to play their favorite game.
So that they sent out their best hackers and computer experts to try and hack into the American computers and find out where the casinos were located. When this didn’t work, they turned to extortion. Basically, they offered to pay back some of the huge amount of money in debts that the players owed to the casinos in trade for not hacking their information. This is exactly why the name “casino korea” stuck.
The North Korean government refused to simply accept the offer and so the American Consul in Korea attempted to negotiate an improved deal. This resulted in the south Korea government refusing to permit the American Consul to set up the casino. They claimed that it would 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 many times to ask the south Korea government to allow the casino to open but each time they were met with a strong, deafening silence.
Eventually the North Korea government started allowing the American citizens to play several select slot games and roulette at the casinos. This is not a good sign for the south Korea government since the citizens have been told that the 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 the the south Korea government started cooperating with the United States in trying to find methods to help improve the internet also 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 website was not 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 only was this against the law but it was also something that the south Korea government was going to need to eventually remedy.
With this in mind the south Korea government decided to implement its own 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 until the implementation was complete. Some of these stipulations included the use of a “real cash” payment method, which were not defined, and also an automatic shutdown for all those sites that fail to meet their monthly payments. Unfortunately, a lot of the online gambling platforms did not have the foresight to follow 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. A number of these casinos were established right close to the already existing Korean casinos. Quickly enough the entire peninsula was involved in the exciting world of online gaming and betting. Despite the fact that the south Korea government attempted to put into place numerous sanctions against the new south Korean casinos, the south Korea government soon realized that it was failing to make any kind of impact and allowed the casinos to once again flourish.
In today’s times the Seochang-do Casino in Seoul features not only one but three, thousand different gaming slots. Not only does this casino include a base slot machine game, which pay an additional benefit of two hundred and twenty-five won, but additionally, there are another two slot machines that spend fifty won and another fifty won bonus. There’s even a twenty-one game revolving bonus machine. The players sm 카지노 at the Seochang-do Casino in Seoul can not only win a seventy-two bonus, however they also have the choice to play against other players who arrived at the casino, making for a truly exciting game of poker.