Global gaming supplier Interblock will work with Korea’s Kangwon Land and the Korea Minting and Security Printing Corporation (KOMSCO) to develop casino playing cards and electronic shoes after signing a Memorandum of Understanding.
The strategic partnership, signed in Seoul in late December, is aimed at enhancing gaming operations and expanding the reach of South Korea’s gaming industry on a global scale, the companies explained.
They added that the collaboration will combine the expertise of the three organizations to produce casino game cards and cutting-edge electronic shoes capable of recognizing unique card identifiers. The advancements aim to improve game security, prevent dealer errors and mitigate fraud, ensuring a more seamless and trustworthy gaming experience for casinos worldwide.
Under the terms of the MOU, Interblock will lead the development and marketing of the electronic shoe, Kangwon Land will manage the assembly and production of the electronic shoe hardware, while KOMSCO will develop and manufacture the high-quality casino game cards.
The products will be integrated into Kangwon Land’s operations and distributed to domestic and international markets, establishing South Korea as a significant player in the global gaming equipment industry, they explained.
“This partnership marks an exciting opportunity to bring innovative solutions to the global casino market,” said Interblock’s Global CEO, John Connelly.
“By combining our technological capabilities with the expertize 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.”
According to Interblock, the partnership will look to “shift the paradigm” of card and shoe production away from its existing power bases of Japan and the United States by “localizing production in South Korea and positioning the country as a leader in the casino equipment sector.”
Kangwon Land, the only casino in South Korea at which locals are permitted to gamble, uses around 660,000 decks of cards annually, the company added.
In a joint statement, the three parties said, “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.”
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