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.
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.
