08/19/22 Kangwon Land annual revenue could reach US$1.01bn, analysts say NH Investment & Securities predict the South Korean casino could post revenue of KRW1.33tn (US$1.01bn) by the end of the year.
08/18/22 Kangwon Land posts net profit of US$28.8m for Q2 Gross gaming revenue (GGR) was up by 51.5 per cent year-over-year.
07/15/22 Kangwon Land may build slot machine manufacturing plant Kangwon Land is reportedly considering opening a slot machine manufacturing plant in Taebaek.
07/04/22 Kangwon Land’s average betting price was US$91.80 in 2021 The average betting price at Kangwon Land was 61.1 per cent higher than at the rest of South Korea’s foreigner-only casinos.
05/13/22 Kangwon Land to return to pre-pandemic capacity The South Korean casino will be allowed to return to its pre-pandemic capacity from May 16.
05/11/22 Kangwon Land GGR down 10.1% for Q1 Kangwon Land has shared its financial results for the first quarter of the year. GGR was down 10.1 per cent sequentially but up 116.7 per cent year-on-year.
04/18/22 Kangwon Land returns to pre-pandemic operating hours The resort has been allowed to return to its pre-pandemic hours from today (April 18).
04/04/22 Kangwon Land to extend operating hours The casino operator has reported that it has been allowed to extend its operating hours to 14 hours with a maximum of 3,000 customers.
03/18/22 Kangwon Land visitors up as operating hours increase Since March 5, the casino operator has been allowed to extend its operating hours from 12 to 13 hours but capacity remains limited.
02/10/22 Kangwon Land posts net loss of US$9.2m for Q4 Kangwon Land has shared its financial results for the fourth quarter of the year, reporting a net loss of KRW11.0bn (US$9.2m).
02/07/22 Kangwon Land plans to expand its casino floor area Kangwon Land Inc is to expand its casino floor area from 14,053 to 15,486 square metres.
02/02/22 South Korea: casinos report revenue of US$975.39m for 2021 The Ministry of Culture, Sports and Tourism in South Korea has reported that casinos posted revenue of KRW1.18tn (US$975.39m) for 2021, up 13.4 per cent year-on-year.
01/05/22 Kangwon Land to keep reduced operating hours until January 16 Kangwon Land Inc has decided to continue operating at reduced hours until at least January 16 to avoid a rise in Covid-19 cases.
12/23/21 Kangwon Land to launch ban mechanism for problem gamblers Kangwon Land will launch a ban mechanism for problem gamblers from January 1 in order to help tackle gambling harm.
12/17/21 Kangwon Land to reduce hours due to Covid-19 countermeasures Amid a new rise in Covid-19 cases due to the Omicron variant, Kangwon Land will reduce its operating hours from December 18 to January 2.
