{"id":20255,"date":"2021-07-14T15:06:21","date_gmt":"2021-07-14T15:06:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20255"},"modified":"2026-04-23T17:36:42","modified_gmt":"2026-04-23T20:36:42","slug":"kangwon-land-to-reduce-capacity-to-30","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-to-reduce-capacity-to-30","title":{"rendered":"Kangwon Land to reduce capacity to 30%"},"content":{"rendered":"\n<p>Kangwon Land has confirmed it will reduce capacity again to a maximum daily guest capacity of 1,800 visitors from tomorrow (July 15).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.-&nbsp;<strong>Kangwon Land will reduce its capacity again to 30 per cent of its pre-pandemic levels<\/strong>&nbsp;from July 15 due to an increase in Covid-19 cases in South Korea.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-to-increase-capacity-to-50-of-normal-levels\">The casino operator<\/a>\u00a0had returned to a<strong>\u00a050 per cent capacity limit\u00a0<\/strong>following a relaxation of Covid-19 countermeasures in July. Before that, it had been operating at\u00a0<strong>20 per cent<\/strong> with a maximum of 1,200 guests.<\/p>\n\n\n\n<p>Kangwon Land has decided to reduce its capacity again after authorities tightened\u00a0<strong>social distancing rules to level 2\u00a0<\/strong>in Gangwon province. The <strong>new measures will be in place until at least July 31<\/strong>.<\/p>\n\n\n\n<p>The Ministry of Health reported<strong>\u00a019 new Covid-19 cases in Gangwon province<\/strong>\u00a0in the last 24 hours, with a total of 3,754 infections since the pandemic began last year.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-sales-down-58-7-in-q1\">Kangwon Land<\/a>\u00a0reported that\u00a0<strong>sales during the first quarter of the year reached KRW97.4bn<\/strong>, down 58.7 per cent when compared to the KRW236bn seen in the same period last year. <strong>Sales were down 25.8 per cent from the last quarter of 2020<\/strong>, mainly due to a Covid-19 lockdown during the first part of the year.<\/p>\n\n\n\n<p>Despite a weak performance during the first quarter of 2021,<strong>&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-could-see-earnings-improve-in-2022-analysts-say\" rel=\"noreferrer noopener\">Kangwon Land<\/a><strong>&nbsp;expects to see better performance<\/strong>&nbsp;for the rest of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kangwon Land has confirmed it will reduce capacity again to a maximum daily guest capacity of 1,800 visitors from tomorrow (July 15).<\/p>\n","protected":false},"author":176,"featured_media":17519,"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 will reduce its daily guest capacity to 1,800 visitors (30% of pre-pandemic levels) from July 15 due to increased Covid-19 cases and tightened social distancing rules in South Korea. This operational adjustment follows a brief period at 50% capacity and significantly impacts the operator's revenue, with Q1 2021 sales already down 58.7% year-on-year.","focusai_entities":"Kangwon Land, Ministry of Health","focusai_location":"South Korea, Gangwon province","focusai_target_profile":"ceo_executive (0.9), operator_casino (1.0), investor_analyst (0.9), gambler_consumer (0.8), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Q3 Revenue Impact?","query":"What is the projected impact of this extended capacity reduction on Kangwon Land's Q3 2021 Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) forecasts?"},{"label":"Regulatory Framework Adaptations?","query":"How are South Korean gaming regulators adapting governance frameworks to support land-based operators facing recurring public health-mandated operational constraints?"}],"footnotes":""},"categories":[28,16338],"tags":[16471,23907],"class_list":["post-20255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-kangwon-land","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20255","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=20255"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20255\/revisions"}],"predecessor-version":[{"id":20281,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20255\/revisions\/20281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17519"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}