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Focus Gaming News Asia Pacific | south korea

south korea

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09/09/20

South Korea casino sales dropped 3.1% in 2019

Figures show Kangwon Land’s revenue grew 5.8% while that of foreigner-only casinos fell 10.9%. 

09/08/20

Paradise Co. sales down 75% in August

Financial results show a 75 per cent year-on-year drop in casino sales for the South Korean operator. 

09/06/20

Kangwon Land closure extended

The casino in Jeongseon-gun has been closed since August 23 due to heightened measures against Covid-19.

09/04/20

South Korea: New Silkroad reports losses for H1

The casino company, which operates a resort on Jeju Island, has revealed financial results for the first half.

09/03/20

Paradise City extends closure due to new cases

The casino in Incheon, South Korea, has detected more Covid-19 cases among staff.

09/02/20

South Korea: Paradise City closes after Covid-19 case

The casino may be allowed to reopen on Thursday afternoon.

08/30/20

South Korea to allow online betting on horse racing

A bill to amend the Korean Horse Racing Act introduced by the ruling Democratic Party is supported by 15 lawmakers.

08/26/20

South Korea: concerns over casino layoffs on Jeju island

The casino sector has been excluded from government support during the pandemic and the situation could impact on employment.

08/26/20

Mohegan Gaming to open in South Korea in 2022

The pace of construction has been impacted by lockdown measures but has led to incorporation of new safety measures into the design.

08/25/20

Paradise Co unaffected by lockdown measures

As South Korea raised its level of alert due to a spike in Covid-19 cases, other casinos including Kangwon Land have had to shut down. 

08/24/20

South Korea: Kangwon Land casino resort closes again

The only casino resort where locals are allowed to gamble has closed again due to a rise in Covid-19 cases.

08/14/20

South Korea: Jeju Dream Tower passes impact check

Jeju Dream Tower has passed the Casino Impact Study Assessment required for any project that wants to expand.

08/12/20

Kanwong Land loses US$38.4 million in Q2

Most sales came from its VIP business, which reopened after lockdown on May 8.

08/11/20

Paradise Co reports 68% decline in sales for Q2

South Korea’s biggest casino operator Paradise Co has revealed financial results for the second quarter of the year.

08/10/20

Jeju Dream Tower expected to open in October

Opening of the new casino resort will on Jeju Island, South Korea, is expected to go ahead despite the pandemic.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.