North Korea Wants to Build a Casino
This article discusses North Korea’s desire to build a casino in order to boost its economy.
North Korea has a really tall building in its capital city, Pyongyang. It’s called the Ryugyong Hotel and it’s been under construction for a very long time. It’s so tall that it looks like a rocket!
People call it the Hotel of Doom because it has been so slow to finish. The country started building it way back in 1987 but it is still not done.
Why did it stop? Well, North Korea got a lot of money from Russia a long time ago. But then Russia did not give them money anymore and North Korea had a really hard time with food. So they had to stop building the hotel.
Now, North Korea wants to finish the hotel and make it a fancy place with a casino. They think a casino will bring in money from other countries. Whoever finishes building the inside of the hotel can run the casino.
It was a big risk but it could be a big reward too. North Korea hopes that a casino will encourage more people to visit their country and help their economy.
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Companies said on the X:
A 37-year-long hotel construction in North Korea is reportedly in the market for a new casino operator that would acquire the rights to manage a casino on its premises.
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— CasinoReviews.net (@_casinoreviews) July 29, 2024
Jenny Ortiz-Bolivar Said on X
North Korea’s tallest structure, the Ryugyong Hotel, might soon host a casino as part of efforts to attract foreign investment according to a report by Radio Free Asia (RFA).
Sigma World Posted his thought on X
A new foreigners-only casino is being eyed by the North Korean government to boost tourism
North Korea’s Ryugyong Hotel in Pyongyang may soon host a casino to attract foreign investment. The 105-story building, completed externally in 2011, remains unfinished inside and is known for its LED facade displaying propaganda.
