On Friday, talks between North and South Korea co-hosting the 2032 Summer Olympics will take place. According to sports news source, the Olympic dialogue will take place at the inter-Korean liaison office in Kaesong, North Korea.
In addition, the Unification Ministry from Seoul said that they would not only discuss the co-hosting of the Summer Olympics. Thus, they also plan on talking about a joint participation for the 2020 Tokyo Summer Olympics.
PPH Sportsbook experts are closely watching these talks because of its impact on Korean sports but also on future bets. This is because even though Summer Olympics betting is not profitable as football; it is still a money maker. Thus, the possibility of a North and South Korea co-hosting the Olympics could bring about a lot of interest.
Hoping to Unite the Two Koreas thru Sports
The talks on Friday will be another step forward in implementing the Pyongyang and South Korean declaration last September. To reiterate, the two Koreas made an agreement to jointly participate in international sporting events. This is in addition to consolidating both teams in international sporting events like the Olympics and other international events.
Currently, both countries are looking forward to forming a single team for the 2020 Tokyo Olympics. Thus, they want to show the world that both Koreas are willing to “achieve peace and unification in the Tokyo Olympics.” This will be a first in the history of the Olympics because no country has ever had a joint Olympic program before.
The first consolidation of both international Olympic teams was during the women’s ice hockey team at 2018 Winter Olympics. The outcome of this joint performance has shown that anything is possible if both countries are willing to work together.