A Casino in Your Country – Casino Seoul
The fascinating history of how Koreans came to become known as Casino Korea is quite interesting to say the least. It all began when some South Korean entrepreneurs decided that they wished to open an offshore casino in Gyeongju. Gyeongju is really a port city on the eastern coast of Korea. The initial land based casino was established in Gyeongju, Gyeonggi Province in 1975. They soon became extremely popular and it was only a matter of time before they moved their operations to Korea’s most populated island – Jeju Island.
Gyeongju became a mecca for all gaming enthusiasts from around the world. Even today, once the world meets Wall Street, Seoul remains a significant tourist destination. Due to these tourists, many Korean casinos found themselves packed with eager players constantly. Many of these Casinos even had live dealers. Some were known and then have video poker or other light entertainment. However, many casinos offered table games, roulette, blackjack and also karaoke!
In reaction to this, the United States imposed some sanctions against Gyeongju and Jeju Island. However, not all of the US sanctions included the closure of the casinos. The common player at a casino in Korea would not know that such was happening. The common player in the US would not even observe that the casino in Korea was closed.
The reason why that these south Korean businessmen decided to create an offshore casino in Gyeongju was to tap into the huge untapped gaming market in China. Since the economic opening up of China, there has been an increase in the number of people attempting to play slots and kung fu games. Ever, because the deregulation of the Chinese slot machine game business, nearly every south Korean businessman decided to enter into the business. Almost all of the foreigners that enter the Chinese casinos are AMERICANS. Quickly enough, the craze for casino Korea reached the US itself. This 퍼스트 카지노 총판 brought the already existing slot machine game business in Korea to a complete new level.
Both parties met at the Chinese consulate, where they discussed matters. Many things were settled that day like the location of the new casino, Korea tried to install. They eventually agreed to arrange it in the Seoda Building located at Central Seoul. The US government had difficulty agreeing on the positioning of the new casino, Korea tried to set up. Ultimately, the US government finally gave in and allowed the location of the new casino to stay the Seoda Building.
North Korean and US officials met at the Seoda building for the very first time to negotiate about the home based business venture. The north Korean businessmen made a decision to open a casino korea which would use slot machines from the newly established American machines. Subsequently, the north Korean government offered huge incentives to the south Korean businessmen. Ultimately, the south Korean businessmen made a decision to accept the deal provided by the north Korean government.
Following this successful meeting between the north Korean and south Korean businessmen, the two sides signed an agreement for a total economic zone of South Korea. The north Korean government offered subsidies to the south Korean businessmen so they could pay for the construction and upkeep of the new casino Korea. The south Korean businessmen also decided to build the casino korea on the land. In exchange, the north Korean government offered free electricity and various other incentives to the south Korean businessmen. Eventually, the north Korean government offered a tax rebate of around 40%.
Not only are the south Koreans obtaining a nice sum of money from the deal, but they also manage to gain some jobs in various casinos around the country. Following the government’s generous offer, more players started to play at these new casinos in the Seoda Building. It was only a matter of time until the number of players increased and the craze in playing the slot machines spread to other areas of the country. Today, there are already nine casinos in the Seoda Building which offer almost twenty-five thousand slot machines for the advantage of the south Korean players.