{"id":10868,"date":"2020-10-13T21:53:44","date_gmt":"2020-10-13T21:53:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=10868"},"modified":"2026-04-24T01:00:32","modified_gmt":"2026-04-24T04:00:32","slug":"kangwon-land-reopens-with-cap-on-capacity","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-reopens-with-cap-on-capacity","title":{"rendered":"Kangwon Land reopens with cap on capacity"},"content":{"rendered":"\n

In a second pandemic-related lockdown, the casino was closed from August 23.\u00a0\u00a0<\/p>\n\n\n\n\n\n\n\n

South\u00a0Korea.-\u00a0Kangwon Land, the only casino in which locals are allowed to gamble in South Korea, has partially reopened, emerging from a second lockdown related to the Covid-19\u00a0pandemic.\u00a0<\/p>\n\n\n\n

The reopening coincided with the\u00a0Ministry of Health and Welfare relaxing some of the restrictions in South Korea.\u00a0<\/p>\n\n\n\n

As of this week,\u00a0up to 750 people may use the\u00a0mass gaming floor at once and\u00a0another 68 people can play in the VIP facilities.\u00a0\u00a0<\/p>\n\n\n\n

All guests must be seated and face\u00a0masks are mandatory for guests and staff.<\/p>\n\n\n\n

Kangwon Land casino was first shut in February at the beginning of the pandemic. It resumed VIP operations in May but due to a rise in cases closed its doors again on August 23.<\/p>\n\n\n\n

The impact of these two lockdowns on the company\u2019s finances was reflected in its last financial report<\/a><\/em><\/strong>.\u00a0Kangwon Land estimated its casino revenues for the full year 2020 will be down by 67 per cent compared to 2019, at KRW498 billion (US$430 million).\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

In a second pandemic-related lockdown, the casino was closed from August 23.\u00a0\u00a0<\/p>\n","protected":false},"author":2,"featured_media":10870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Kangwon Land, South Korea's exclusive casino for locals, has partially reopened after its second COVID-19-related lockdown, aligning with relaxed government restrictions. The operational resumption allows limited capacity on gaming floors, but the cumulative impact of closures is projected to reduce 2020 casino revenues by 67% to KRW498 billion.","focusai_entities":"Kangwon Land, Ministry of Health and Welfare","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Financial Recovery Projections?","query":"What are Kangwon Land's revised GGR and NGR projections for FY2021, considering the partial reopening and ongoing operational restrictions, and how do these compare to pre-pandemic performance?"},{"label":"Regulatory Framework Adaptations?","query":"How might the Ministry of Health and Welfare's relaxed restrictions influence future regulatory compliance and governance frameworks for land-based casinos in South Korea, particularly concerning public health mandates?"}],"footnotes":""},"categories":[28,16338],"tags":[29,16471,152],"class_list":["post-10868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casino","tag-kangwon-land","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10868"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10868\/revisions"}],"predecessor-version":[{"id":10889,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10868\/revisions\/10889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10870"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}