08/06/20 Paradise Co. sales show monthly improvement Revenues for the first seven months of 2020 remain 47.5 per cent below the same period in 2019.
08/05/20 GKL financial results show slight recovery The company managed to increase casino sales last month, although numbers remain low compared to last year.
07/30/20 Locals gaming in Korea likely, but not imminent Two experts on Asia Gaming Brief’s latest webinar session said the country is rethinking its policy.
07/26/20 Pandemic might change Korea gambling ban South Koreans are only allowed to gamble at the remote Kangwon Land casino, but the pandemic might change that.
07/19/20 New Silkroad expects huge losses at Jeju casino The firm that operates the MegaLuck casino at Jeju’s KAL Hotel reports it will more than its double losses in the first half of the year.
07/15/20 Kangwon Land losing US$3.1m a day The total loss of sales over the five months in which the casino has been closed is estimated to run at over US$460 million.
07/06/20 Kangwon Land adjusts reopening date once more As Covid-19 cases continue to occur in South Korea, the date to reopen the main floor of the casino has been pushed back once more.
07/03/20 Paradise Co: June revenue down 81% Sales in June were down by 81 per cent compared to 2019 figures despite signs of recovery in May.
06/30/20 Paradise City closes non-gaming areas The company began to reopen its casinos in South Korea but will close some areas again due to the spread of Covid-19.
06/05/20 DoubleDown Interactive files for IPO The Seoul-based developer is seeking to raise up to $100 million in IPO on New York’s Nasdaq.
06/04/20 Paradise Co. sales recover in May The South Korean casino operator’s numbers were down 51% on last year but mark a recovery after April.
06/03/20 Kangwon Land halts reopening plans again After a new spike in positive Covid-19 cases in South Korea, company executives push reopening date back to June 15.
05/28/20 Kangwon Land suspends gaming floor reopening A day after its grand reopening date, Kangwon Land has been forced to alter its plans due to a spike of new Covid-19 cases in South Korea.
05/27/20 Kangwon Land to reopen tomorrow A maximum of 1,200 customers will be permitted to enter the casino on a daily basis, around 17% of its full capacity.
05/22/20 KBO to be broadcast in 130 countries Canada, Mexico and the Netherlands among a growing number of countries now broadcasting South Korean baseball.
