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North Korea Legalizes Gambling on Horses to Help Mitigate Sanctions Pain

Written by:
Guest
Published on:
Oct/16/2017

Horse betting has just been legalized in North Korea, according to reports that surfaced via Reuters over the weekend.

Per North Korea’s KCNA news agency, races called the "Autumn Race-Goers Games" were held Sunday at the Mirim Riding Club, a Pyongyang-based facility among the “vanity” projects constructed in recent years by leader Kim Jong Un. Those 12 and older were eligible to wager on jockeys in a raffle-type system.

Previously, betting the races would have resulted in a sentence of three years of hard labor.

Photos released by Reuters appear to show Thoroughbreds being raced.

- Dan Shapiro, Gambling911.com

Business/Financial News

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