The South Korean mint will use advanced technology for countering forgery in developing new gaming chips for a chain of state-run casinos, the Aju Business Daily reports.
The South Korean newspaper, in a report posted on its website yesterday, said the arrangement was part of an agreement signed that day by representatives of the official Korea Minting and Security Printing Corp and Grand Korea Leisure Co Ltd, also known as GKL.
GKL is a South Korean state-owned company, which runs foreigner-only casinos under the Seven Luck brand.
The report stated the agreement called for the development of new chips with features that make them hard to counterfeit.
In making the chips, the mint will employ what the Aju Business Daily called “three-dimensional security technology” and special sensitive materials used in everyday currency.
May 17, 2019Although casino entrepreneur Lawrence Ho Yau Lung of Melco Resorts and Entertainment Ltd anticipates the total cost of a Japan casino resort to be more than US$10 billion, his own firm might only be...
"There’s a lot of competition and politics involved, but we are absolutely confident about our bid for Osaka”
Chairman and chief executive of Melco Resorts