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.
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.
