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North Korea Reportedly Has $860 million Online Gambling Operation

North Korea reportedly has a surging $860 million online gambling operation in place, even though gambling within the country's borders is a serious crime that can be punishable by death.

The revelation was made by Yu Dong-yeol of the Korea Institute of Liberal Democracy, who said that North Korea is running a series of gambling websites that offer services to foreign nationals. The sites are reportedly quite popular, raking in more than $860 million annually. The sites are run by the country's Reconnaissance General Bureau.

The process of betting in North Korea is illegal for citizens, although visitors can gamble at certain casinos designated within hotels.

There are currently no known details on what exact sites are involved with North Korea, but Casino Listings will update this story as we learn more.

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bgsharpe
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14 July 2016 - 9:56pm
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This is all part of the communism hypocrisy, not a bad online gambling revenue for a country in which literally everything is banned. I lived for a while in communism in my own country that's why I think I know what is all about.

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