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Like the Philippines, it really is a hotspot for gambling and property to some of the world’s most prestigious casinos. It was right here that North Korean officials were in the early 2000s caught laundering counterfeit $one hundred notes of really higher high quality – so-named “Superdollars” – which US authorities claim were printed in North Korea. The regional bank they laundered them via was ultimately placed on a US sanctions list thanks to its connections with the Pyongyang regime. Applying the gaming industry’s typical price tag-to-earnings ratio of 30, DoubleDown could be valued at about 2 trillion won, greater than its projection of 1.two trillion won final year. That compares to the 950 billion won bill paid by DoubleU Games Co., listed on South Korea’s Kospi, to take more than the casino gaming enterprise in 2017.

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