Kangwon Land casino remains closed

Kangwon Land casino remains closed

The casino resort in South Korea was scheduled to reopen today but will remain closed until at least October 5.

South Korea.- Kangwon Land, the only casino resort in South Korea where locals are allowed to gamble, has extended until its temporary closure until 6am on October 5.

The casino was scheduled to reopen today, but authorities in South Korea continue to apply measures to contain the spread of Covid-19 in the country.

The venue was first forced to close in February when the pandemic emergency began. It was able to resume VIP operations in May, but new measures were imposed in August due to a second wave of Covid-19 cases.

In a filing to the Korea Exchange, Kangwon Land said it expected lost casino sales for the period from 10am on August 23 to 6am on October 5 to amount to KRW53.9 billion (US$46.4 million), based on daily-average casino sales during the first half of 2020.

The Kangwon Land resort is located about 150 kilometres (93 miles) from the country’s capital Seoul.

As of 12am on Sunday, South Korea had recorded 82 new Covid-19 cases in the preceding 24 hours, taking the national tally of infections to 22,975, according to the Korea Centers for Disease Control and Prevention.

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