01/05/21 Casinos in South Korea extend Covid-19 closures The South Korea government has strengthened measures against the pandemic in large cities like Seoul.
12/18/20 Jeju Tower obtains hotel permit for grand opening The 1,600-room Grand Hyatt hotel will be inaugurated along with the rest of the facility on December 18.
12/17/20 South Korea: tourism at lowest in 32 years The tally of visitors coming from East Asia and the Pacific region was down 84 per cent from January to October.
12/15/20 Paradise Casino Walkerhill in Seoul to temporary close The casino operator Paradise Co. has announced the closure of its venue in Seoul due to a rise in Covid-19 cases in the city.
12/09/20 Casinos in South Korea extend Covid-19 closures Grand Korea Leisure and Kangwon Land have extended their closures due to government measures.
12/06/20 GKL casino sales drop 87% in November The three Seven Luck casinos remain shut due to a spike in Covid-19 cases in South Korea.
12/03/20 Paradise Co. revenue slumps again The casino operator has published its financial report for November.
12/01/20 South Korea casino GKL Busan confirms shutdown Grand Korea Leisure has confirmed the closure of another casino due to pandemic measures.
11/30/20 Lotte Tour completes Jeju Tower financing The developer has raised US$723m to complete the US$1.42bn project on Jeju Island due to be inaugurated on December 18.
11/25/20 Jeju Dream Tower to open on December 18 Reservations are already being taken for the US$1.4bn casino and hotel complex on Jeju Island.
11/24/20 GKL expects US$ 4.6m losses due to new lockdown The casino operator has confirmed the suspension of activities at its gaming venues in Seoul due to the new lockdown mandated by authorities.
11/24/20 Seoul casinos enter lockdown again The measure applies to all venues in the metropolitan area, including Incheon.
11/19/20 Casinos in Seoul cut capacity limits Venues in the metropolitan area, including Incheon, will be able to continue operating at 20 per cent capacity.
11/12/20 Kangwon Land to recover in 2022, analysts say According to a report from analysts at JP Morgan, it will take two years for GGR to rebound.
11/10/20 Paradise Co. under tax investigation The operator of foreigner-only casinos in South Korea says it does not know why the National Tax Service is probing its finances.
