adjusted loss of KRW275.88bn (US$249.7m) for 2020<\/a><\/em> due to Covid-19 countermeasures and closures.<\/p>\n","protected":false},"excerpt":{"rendered":"Lee Sam-Geol will replace Moon Tae-Gon, who was promoted to the position of interim chairman last year.<\/p>\n","protected":false},"author":176,"featured_media":16438,"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 Inc., a prominent South Korean casino operator, has appointed Lee Sam-Geol as its new executive director and CEO following a shareholder vote. This executive transition, which requires presidential approval, occurs amidst a recent 20-year license extension granted to Kangwon Land in exchange for an increased revenue share, following reported 2020 losses due to COVID-19 countermeasures.","focusai_entities":"Lee Sam-Geol, Moon Tae-Gon, Kangwon Land Inc., Ministry of Public Administration and Security, Minister of Strategy and Finance, National Assembly","focusai_location":"South Korea, North Gyeongsang Province","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CEO's Strategic Vision","query":"What are the immediate strategic priorities for Lee Sam-Geol regarding Kangwon Land's operational recovery, market diversification, and capital expenditure following his appointment?"},{"label":"License Extension Impact","query":"How will the increased revenue share stipulated in the 20-year license extension agreement impact Kangwon Land's net gaming revenue (NGR) projections and long-term profitability margins?"}],"footnotes":""},"categories":[157,16338],"tags":[16471],"class_list":["post-16437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-kangwon-land"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16437","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16437"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16437\/revisions"}],"predecessor-version":[{"id":16463,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16437\/revisions\/16463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16438"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}