{"id":12519,"date":"2020-12-08T21:09:54","date_gmt":"2020-12-08T21:09:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=12519"},"modified":"2026-04-23T23:21:58","modified_gmt":"2026-04-24T02:21:58","slug":"casinos-in-south-korea-extend-covid-19-closures","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/casinos-in-south-korea-extend-covid-19-closures","title":{"rendered":"Casinos in South Korea extend Covid-19 closures"},"content":{"rendered":"\n<p>Grand Korea Leisure and Kangwon Land have extended their closures due to government measures.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- Casinos have extended lockdown measures into December after the government increased its level of alert due to an increase in Covid-19 cases.<\/p>\n\n\n\n<p>In the capital city of Seoul, the level of alert was increased to 2.5, while in other cities such as Busan it remains at level 2. Bars and gyms have been forced to shut down. <\/p>\n\n\n\n<p>Althogh there are no specific measures for casinos, Grand Korea Leisure,  subsidiary of the Korea Tourism Organization, has extended the closure of its casinos in both cities.<\/p>\n\n\n\n<p>Gangnam Coex Seoul and Gangbuk Millennium Seoul Hilton were to remain closed until December 8 and <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/south-korea-casino-gkl-busan-confirms-shutdown\" target=\"_blank\">Busan Lotte<\/a><\/em><\/strong> until December 15. The foreigner-only casinos will remain closed until December 29. The firm expects the decision to cost KRW13.6bn (US$12.5m)<\/p>\n\n\n\n<p>Kangwon Land, the only casino in South Korea where locals can legally gamble, also decided to close its venue in Jeongseon, which is also at level of alert 2. A date for reopening has not been set. The company expects the move to result in daily losses of KRW1bn ($921,506). \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grand Korea Leisure and Kangwon Land have extended their closures due to government measures.<\/p>\n","protected":false},"author":2,"featured_media":12521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"South Korean casinos, including Grand Korea Leisure and Kangwon Land, have extended their operational closures into December due to heightened government COVID-19 alert levels. This mandate impacts foreigner-only casinos until late December and Kangwon Land indefinitely, leading to significant daily revenue losses for the affected operators.","focusai_entities":"Grand Korea Leisure, Kangwon Land, Korea Tourism Organization, Gangnam Coex Seoul, Gangbuk Millennium Seoul Hilton, Busan Lotte","focusai_location":"South Korea, Seoul, Busan, Jeongseon","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Financial Impact Analysis","query":"What is the projected quarterly GGR and NGR impact for Grand Korea Leisure and Kangwon Land, and how does this affect their capital expenditure plans?"},{"label":"Regulatory Response","query":"What specific government support or relief measures are being considered for licensed gaming operators impacted by these extended public health mandates?"}],"footnotes":""},"categories":[28,16338,158],"tags":[17025,16471,152],"class_list":["post-12519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-grand-korea-leisure","tag-kangwon-land","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12519","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=12519"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12519\/revisions"}],"predecessor-version":[{"id":12537,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12519\/revisions\/12537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12521"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}