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.
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.
