{"id":30627,"date":"2022-06-09T06:32:30","date_gmt":"2022-06-09T09:32:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30627"},"modified":"2026-04-23T07:56:02","modified_gmt":"2026-04-23T10:56:02","slug":"bloomberrys-jeju-sun-casino-to-resume-operations-from-july-30","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/bloomberrys-jeju-sun-casino-to-resume-operations-from-july-30","title":{"rendered":"Bloomberry’s Jeju Sun Casino to resume operations from July 30"},"content":{"rendered":"\n

Jeju Sun Hotel and Casino will reopen its doors on July 30 after a two-year hiatus due to the Covid-19 pandemic.<\/p>\n\n\n\n\n\n\n\n

South Korea.-\u00a0Bloomberry\u2019s Jeju Sun\u00a0<\/strong>will reopen its doors after being closed for more than two years due to the Covid-19 pandemic. The casino is expected to reopen on July 30. The decision follows the resumption of visa-free entry to Jeju Island<\/a>\u00a0<\/strong>for holders of certain passports, including those from mainland China.<\/p>\n\n\n\n

The\u00a0Korea Centers for Disease Control & Prevention<\/strong>\u00a0has announced that visitors are now able to enter South Korea\u00a0without Covid-19 vaccination<\/a>\u00a0and without undergoing quarantine. The only requirement is to present two negative Covid-19 tests taken within three days of arrival.<\/p>\n\n\n\n

Jeju Sun Casino reported KRW8.23bn (US$6.53m) in sales revenue in 2019. Its revenue for less than thee months of trading in 2020 was KRW1.89bn.<\/p>\n\n\n\n

Due to countermeasures and travel restrictions, in 2020 and 2021, the number of arrivals in Jeju Island was 212,767 and 48,278, respectively, down 87.7 per cent and 77.3 per cent. In the first quarter of 2022, the number of overseas arrivals was 10,307, an increase of 8.4 per cent when compared to the same period of 2021.<\/p>\n\n\n\n

Total casino revenue<\/a>\u00a0in South Korea in 2021 was down 59.7 per cent compared to\u00a0KRW2.93tn in 2019<\/strong>, the most recent trading year before the Covid-19 pandemic hit travel and tourism.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jeju Sun Hotel and Casino will reopen its doors on July 30 after a two-year hiatus due to the Covid-19 pandemic.<\/p>\n","protected":false},"author":176,"featured_media":19350,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Bloomberry's Jeju Sun Hotel and Casino is slated to resume operations on July 30, concluding a two-year operational hiatus enforced by the Covid-19 pandemic. This strategic reopening is underpinned by the recent relaxation of South Korean travel restrictions, including the reinstatement of visa-free entry to Jeju Island for key markets such as mainland China, signaling a potential uplift in the region's land-based gaming vertical. The move aims to capitalize on an anticipated resurgence in tourism influx following significant revenue declines across the sector.","focusai_entities":"Jeju Sun Hotel and Casino, Bloomberry, Korea Centers for Disease Control & Prevention","focusai_location":"South Korea, Jeju Island, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Bloomberry's GGR?","query":"What is the projected GGR contribution of Jeju Sun to Bloomberry's consolidated financials for H2 2022, considering the historical revenue figures and anticipated tourism influx from mainland China?"},{"label":"Regional market recovery?","query":"How will the reopening of Jeju Sun, coupled with eased travel restrictions, influence the overall land-based casino GGR recovery trajectory for South Korea in 2022 and 2023, particularly concerning VIP and mass-market segments?"}],"footnotes":""},"categories":[28,16338],"tags":[15417],"class_list":["post-30627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-bloomberry-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30627","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=30627"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30627\/revisions"}],"predecessor-version":[{"id":30649,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30627\/revisions\/30649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19350"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}