This week's most unlikely story is brought to you by the pending de-nuclearization agreement to take place next week in Singapore between the two old adversaries, North Korea and the US. As we all know by now, Singapore will be the venue of the historical meeting between the leaders of the two nations – Kim Jong-un and Donald Trump. It is widely expected that the official treaty will be signed that will see North Korea dismantle their nuclear weapon reactors and facilities and in exchange for which, the US will withdraw their troops and arms from the military bases in South Korea.
That is what we knew. But here is the icing on the cake. That's not the only concession US will make – apparently, they are asked to invest into the future North Korean casino and tourism resort on the coastal region of Wonsan-Kalma where Kim Jong-un already began and oversaw the construction!
Yes, you read that right: international gambling and tourists hurling to North Korea, notorious for their isolationist politics.
How fast and unexpected the world changes, huh?
According to reports in the nation’s Donga Ilbo newspaper, the senior North Korea official who visited President Trump in his Oval Office at the White House last week proposed the cooperative project that is estimated to bring in about $50 million per year and should attract 2.6 million of South Korean tourists on annual basis! The construction, already underway by civilians and army men, should be finalized before April 15th next year. Apparently, Trump was very keen on the project and will most likely accept the proposal – after all, the North Korean delegate knew very well where to come knocking: Trump is the renowned casino mogul, having owned properties in Las Vegas and Trump Taj Mahal in Atlantic City.
Surprisingly to some, the country is not completely devoid of gambling: there are a few casinos in capital Pyongyang and another one in Rason, near the border with China. The country also operates some betting websites, but they are, apparently, mostly used for stealing private data from users and are nothing but scams. Having an international casino resort funded by USA and open to tourists would mean having some proper regulations in place.
The meeting between the US and North Korean high officials will be the first summit of this kind in almost 70 years, since the Korean war.
If you're about to make the world at least a tiny bit safer than before by neutralizing the nuclear threat, you might as well do some business. What do you think of this story, will it ever come into fruition? Can you imagine North Korea becoming more open to foreigners, even if it's in the interest of the state for them to be spending a lot of cash? Let us know in the comments below…
Source:
“Report: North Korea's Kim Yong Chol proposed casino to Trump”, upi.com, June 5, 2018.
Kristen Munoz
6 years ago
Jr. Member
thisa one is a good one to get you really going on things ! i mean for real , but with these two it could turn out to be 100 percent factual . and then whats next right ? but hey everyone wants to get in the game now is a good time ! hahaha thanks lcb you guys are great !
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jade
6 years ago
Super Hero
This is one of those stories that screams; don't believe everything you read! As president, Donald Trump is not allowed to make personal deals, so NO. As far as him making a deal on behalf of the US, well, our federal government is against gambling, but it does give each state the right to decide, so that would also be...
This is one of those stories that screams; don't believe everything you read! As president, Donald Trump is not allowed to make personal deals, so NO. As far as him making a deal on behalf of the US, well, our federal government is against gambling, but it does give each state the right to decide, so that would also be a NO! The president also said that North Korea is not in our neighborhood and we would not be participating in improving their economy. That would be a job for North Korean neighbors; South Korea, China, Japan, etc. As far as moving US troops out of South Korea, IMO, that's not going to happen either. Even if North Korea is no longer a threat, the US troops in South Korea are still a part of the big picture, to maintain U.S. military dominance in the Asia-Pacific region. The meeting between Kim Jong-un and Donald Trump is for North Korea to agree to total nuclear disarmament, in exchange the US will end economic sanctions that have paralyzed their country. I think the casino story is just that, a story.
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napster
6 years ago
Jr. Member
There meeting lasted longer than it was scheduled Supposedly the meeting went better than they expected. Good news to see that they Squash there beef we won’t have to deal with there Twitter beef haha.
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Alex and R
6 years ago
Sr. Member
It was either to denuclearize or no deal. Like you guys don't know Trump.
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Sylvanas
6 years ago
Admin
let me guess - it will be illegal for locals to come and play. First time I hear about North Korean gambling sites.
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Mojo Jojo
6 years ago
Super Hero
Both men are not to be trusted, they even do not trust each other. Casinos in North Korea? Haha, I guess you might as well burn your money. Their casinos might be the first real life rogue casinos hahaha. I would not even consider for a bit, not as long Kim Jong-sumtin-sumtin ruling the country.
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Radivoje
6 years ago
Newbie
Wow look at them, they look like two best friends on this picture. And I would not be surprised if they are behind cameras. They were just fooling with us and now they can join forces to make some money because they made North Korea a tourist attraction. This just makes a man sick....
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coolsongss
6 years ago
Hero Member
As I am living in South Korea, I am kind of at a loss with this news... To easily understand this issue, they want to make a beach city with some casinos for tourist attraction. The labor is very cheap and actually the wages are also strictly controlled and rationed by the regime, in any kind of investment.... And, this...
As I am living in South Korea, I am kind of at a loss with this news... To easily understand this issue, they want to make a beach city with some casinos for tourist attraction. The labor is very cheap and actually the wages are also strictly controlled and rationed by the regime, in any kind of investment.... And, this kind of action from North Korea must be considered as politically multi-faceted projects... Let's see...
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jaffe888
6 years ago
Full Member
Maybe not the first thing on many players head to go to North Korea for casino games? Or if you have passion for gaming, why not. I have friends that have passion for fishing, they'd go to North Korea for fish. But would you trust North Korean casino? Well, how does it differ from western casinos, they also take our money,...
Maybe not the first thing on many players head to go to North Korea for casino games? Or if you have passion for gaming, why not. I have friends that have passion for fishing, they'd go to North Korea for fish. But would you trust North Korean casino? Well, how does it differ from western casinos, they also take our money, so?
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