11/10/20 GKL reports US$20.5m loss in Q3 The South Korean operator of foreigner-only casinos saw a 49.9 per cent improvement in sales in the third quarter.
11/05/20 Casino sales up to 18% at Grand Korea Leasure The South Korea foreigner-only casino operator saw a monthly increase in sales in October.
11/04/20 Paradise Co. sees monthly improvement in sales Revenues climbed 9 per cent month-on-month in October.
10/25/20 South Korea’s Kangwon Land accused of favouritism Three companies have won over half of the state-run casino’s tenders since 2013.
10/21/20 South Korean IR projects face delays Caesars Entertainment and Mohegan Gaming & Entertainment both have projects in the country.
10/14/20 Kangwon Land reopens with cap on capacity In a second pandemic-related lockdown, the casino was closed from August 23.
10/08/20 Grand Korea Leisure sees 76% annual loss Its casinos were closed from March to May and saw revenue drop 53 per cent year-on-year for the first nine months of 2020.
10/07/20 Kangwon Land: casino revenue expected to fall 67% The casino operator expects a fall in revenues of 67% year-on-year for the full year 2020.
10/07/20 Paradise Co. sees sales jump almost 20% Gaming sales improved in September compared to August but remained down 70 per cent year-to-year.
10/06/20 Kangwon Land to remain closed until October 12 The promoter of the South Korean casino says losses from the latest shut down will amount to US$53.9 million.
10/06/20 Travel to resume between Japan and South Korea Business travel could restart between the two countries as soon as early October.
10/01/20 Lotte Tour to go ahead with Jeju Tower opening Employees have been told they will begin work at the tower on October 19.
09/23/20 GKL and Kangwon Land sign HR agreement The casino companies have signed a personnel exchange agreement to optimise human resources.
09/23/20 Lotte Tour to move headquarters to Jeju The travel company will move its headquarters from Seoul to Jeju Dream Tower once the development opens.
09/21/20 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.
