KRW2.93tn in 2019<\/strong>, the most recent trading year before the Covid-19 pandemic hit travel and tourism. <\/p>\n\n\n\nIn January, Jeju island was considering whether it is possible to\u00a0allow its land-based casinos to provide remote gambling to foreign players<\/strong>\u00a0as a way to help the industry recover. However,\u00a0authorities ruled out the possibility of allowing South Korean nationals to gamble\u00a0<\/strong>as they received many opinions against the idea.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The measure will be welcomed by South Korea\u2019s foreigner-only casinos, who have been seriously affected by the lack of tourists.<\/p>\n","protected":false},"author":176,"featured_media":15732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The South Korean government has eased Covid-19 quarantine measures for fully vaccinated travelers, effective April 1, which is expected to significantly benefit the nation's foreigner-only casinos, particularly on Jeju Island. These casinos experienced a substantial revenue decline of nearly 31.9% in 2021 and 59.7% compared to 2019 due to travel restrictions. A proposal to allow remote gambling for foreign players was considered but ultimately ruled out by authorities.","focusai_entities":"South Korean government","focusai_location":"South Korea, Jeju Island","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"GGR Recovery Projections?","query":"What are the revised GGR recovery projections for South Korea's foreigner-only casinos, particularly those on Jeju Island, following the lifting of quarantine measures, and how do these compare to pre-pandemic trading volumes?"},{"label":"Remote Gambling Policy?","query":"Given the rejection of remote gambling for foreign players, what alternative regulatory or operational frameworks are South Korean authorities considering to bolster the competitiveness and resilience of the foreigner-only casino sector?"}],"footnotes":""},"categories":[16338,23876],"tags":[],"class_list":["post-28073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-social-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28073","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=28073"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28073\/revisions"}],"predecessor-version":[{"id":28076,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28073\/revisions\/28076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15732"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}