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North Korea's Kim Jong Un permits racetrack gambling as international sanctions take hold
CNBC ^ | October 16, 2017 | Sam Meredith

Posted on 10/16/2017 7:53:20 PM PDT by ConservativeStatement

North Korean race-goers who once risked three years hard labor for gambling are now able to bet on local horse races, as the one-party state searches for new ways to generate hard currency in the wake of tough international sanctions.

In recent weeks, North Korea's access to foreign money has been significantly limited by a flurry of international sanctions over Pyongyang's missile and nuclear weapons programs.

(Excerpt) Read more at cnbc.com ...


TOPICS: Foreign Affairs
KEYWORDS: gambling; kimjongun; northkorea
Gives new meaning to "bombs away."
1 posted on 10/16/2017 7:53:20 PM PDT by ConservativeStatement
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To: ConservativeStatement

So, instead of feeding their people they’re feeding race horses, or something similar.


2 posted on 10/16/2017 8:07:25 PM PDT by libertylover (Kurt Schlicter: "They wonder why they got Trump. They are why they got Trump")
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To: libertylover

It has to be pig races.


3 posted on 10/16/2017 8:08:28 PM PDT by ButThreeLeftsDo (MAGA!!!)
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To: libertylover

“So, instead of feeding their people they’re feeding race horses, or something similar.”

Young racehorse in NK = gambling revenue.
Retired racehorse in NK = dinner.


4 posted on 10/16/2017 8:26:03 PM PDT by LouieFisk
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To: ConservativeStatement

“The horses are nervous in their racing stalls awaiting the signal from Dear Leader .... and they’re OFF! Going into the first turn, it’s Flung Dung leading the pack with Juche-Fruit and Bark Eater in second and third place.

“Heading into the back track, Deep Kimchi trails the....what? Give me those binoculars! Great Leader’s ghost! The horses have stopped, the jockeys have dismounted, and they’re eating the horses! The shock troops are running across the field, the revolutionary guard are running across the field, and by god, if I wasn’t on the radio, I’d be running across the field, too!

“But wait...the troops are eating the horses, too! And now the anti-aircraft guns are firing into the bloody scene! Oh, the humanity!”


5 posted on 10/16/2017 8:27:42 PM PDT by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: ConservativeStatement
p07
6 posted on 10/16/2017 8:30:59 PM PDT by Snickering Hound
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To: ConservativeStatement

Mabey Li’l Kim has seen the light and has decided to turn North Korea into the Macau or Las Vegas of East Asia!


7 posted on 10/16/2017 9:07:28 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: libertylover

I thought they had eaten all the horses and dogs in No. Korea. Imports?


8 posted on 10/16/2017 10:47:41 PM PDT by MadMax, the Grinning Reaper
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To: sparklite2
and by god, if I wasn’t on the radio, I’d be running across the field, too!

The announcer gets it to, due to the reference to "god".
9 posted on 10/17/2017 5:25:59 AM PDT by Dr. Sivana (There is no salvation in politics.)
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