The casino operator Paradise Co. has announced the closure of its venue in Seoul due to a rise in Covid-19 cases in the city.<\/p>\n\n\n\n\n\n\n\n
South Korea.- The casino operator Paradise Co has announced the closure of the Paradise Casino Walkerhill in Seoul from today until 6am on December 22. The company said it was taking the measure to help reduce the spread of Covid-19, according to a filing from the company to the Korea Exchange.<\/p>\n\n\n\n
As of Tuesday, South Korea had reported 880 new cases in 24 hours, taking the national tally since the start of the pandemic to 44,364.<\/p>\n\n\n\n
The country is currently undergoing “Level 2.5” confinement, which allows gatherings of fewer than 50 people. However, as Seoul is the city with the highest rates of Covid-19 infections in the country, it is expected that local authorities will mandate the higher “Level 3” confinement for the city.<\/p>\n\n\n\n
Under\u00a0Level 3, any gatherings of 10 or more people would be banned. Companies would also be asked to ensure non-essential employees work from home.<\/p>\n","protected":false},"excerpt":{"rendered":"
The casino operator Paradise Co. has announced the closure of its venue in Seoul due to a rise in Covid-19 cases in the city.<\/p>\n","protected":false},"author":2,"featured_media":12731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Paradise Co. has announced the temporary closure of its Paradise Casino Walkerhill in Seoul until December 22, citing a significant increase in Covid-19 cases in the city. This operational disruption, filed with the Korea Exchange, anticipates potential stricter \"Level 3\" confinement mandates from local authorities, impacting the integrated resort's revenue and operational continuity.","focusai_entities":"Paradise Co., Paradise Casino Walkerhill, Korea Exchange","focusai_location":"Seoul, South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.8), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"GGR Impact Analysis","query":"What is the projected daily GGR impact of this temporary closure on Paradise Co.'s Q4 earnings, considering the typical operational leverage of an integrated resort?"},{"label":"Operational Contingency Plans","query":"What specific operational contingency plans has Paradise Co. activated to mitigate revenue losses and maintain liquidity during this mandated closure period, and how do these align with broader governance frameworks?"}],"footnotes":""},"categories":[160,28,16333],"tags":[29,152],"class_list":["post-12729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-casino-news","category-south-east-asia-news","tag-casino","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12729","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=12729"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12729\/revisions"}],"predecessor-version":[{"id":12733,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12729\/revisions\/12733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12731"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}