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Most Recent Online Casino News
Cyber-Casino Lands Koreas in Gambling War
Kim Beom-hoon was hailed as a trailblazer when he went into the
online gambling business with North Korea. It seemed the perfect way to
bridge a 50-year divide and open up one of the world's most isolated
countries.
But two years later the South Korean businessman has run afoul of his
country's gambling laws, as well as its ambivalence about whether to
treat its communist neighbor as friend or foe.
The South Korean government plans to revoke his business licence, and
prosecutors are going after 15 South Koreans who have gambled more than
three million won ($A3300) each.
Kim maintains the real problem is a country that can't make up its
mind how to deal with its neighbor - woo it peacefully into the market
economy, or treat investments in North Korea as aid to a dangerous
dictatorship.
"This is a case that shows how the two Koreas still cannot trust and
understand each other after living 50 years without communications," Kim
complains.
"I have spent money and sweat on this project, and I am now a victim
of the Unification Ministry's reluctance to open internet contacts
between the two Koreas," he said.
Read the
entire article at:
The Sydney Morning Herald
2004 Online Casino News Archive
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