This agreement seeks to enhance and expand the South Korean gaming industry.
Key points:
- The trio (Interblock, Kangwon Land and KOMSCO) will develop casino game cards and electronic shoes
- MOU looks to boost South Korea’s gaming industry and create a better experience for casinos worldwide
Interblock has agreed a deal with Kangwon Land and the Korea Minting and Security Printing Corporation (KOMSCO) via a Memorandum of Understanding (MOU).
This collaboration relates to the development of casino game cards and electronic shoes, as the trio look to push South Korea’s gaming industry further on a global scale.
While KOMSCO will develop the casino card games, Kangwon Land will assemble and produce the electronic shoe hardware, with Interblock being responsible for developing and marketing the shoe.
Kangwon Land will utilise these products at its operations, while it will also be distributed further afield both in South Korea and around the world, with the products made in an attempt to create a more seamless and trustworthy gaming experience for casinos.
Interblock Global CEO John Connelly said: "This partnership marks an exciting opportunity to bring innovative solutions to the global casino market.
"By combining our technological capabilities with the expertise of Kangwon Land and KOMSCO, we are confident in our ability to deliver products that set new standards for security, efficiency, and reliability in the gaming industry."
Good to know: Kangwon Land uses approximately 660,000 decks of cards annually
The three parties together added: "This MOU is more than a partnership; it is a vision to transform the casino gaming equipment manufacturing sector.
"Together, we aim to be game-changers in the global market, delivering innovative and reliable products that redefine the standard for gaming operations."
In other news from Asia this week, Philippines Senator Win Gatchalian has called for actions against Philippine Offshore Gaming Operators (POGOs) to continue, even after the passing of the deadline for their operations to cease.
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