Authorities have decided to reintroduce the requirement of a negative Covid-19 test to enter the country.<\/p>\n\n\n\n\n\n\n\n
South Korea.- The government of South Korea has decided to tighten its entry requirements due to an increase in Covid-19 cases. From July 25, visitors will again need to produce a negative Cpvid-19 test result issued within 24 hours before boarding a flight.<\/p>\n\n\n\n
The Central Disease Control Headquarters (CDC) <\/strong>said guidelines may be further adjusted based on the circumstances of the Covid-19 pandemic. In June, South Korea resumed issuing short-term tourist visas<\/a>\u00a0for individual tourists and tour groups after inbound tourism was halted at the height of the Covid-19 epidemic.<\/p>\n\n\n\n In 2021, South Korean casino revenue<\/a> was <\/strong>KRW1.18tn (US$975.39m), compared to KRW1.04tn in 2020. The growth was mainly attributed to Kangwon Land<\/a>, the only casino in South Korea open to locals.<\/p>\n\n\n\n The 16 foreign-only casinos saw their revenue drop by nearly 31.9 per cent <\/strong>when compared to the previous year, coming in at KRW407.13bn.<\/p>\n","protected":false},"excerpt":{"rendered":" Authorities have decided to reintroduce the requirement of a negative Covid-19 test to enter the country.<\/p>\n","protected":false},"author":176,"featured_media":15099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"South Korea is reinstating a negative Covid-19 test requirement for inbound travelers from July 25, following a recent resumption of tourist visas. This regulatory adjustment is expected to impact the nation's casino sector, particularly the 16 foreign-only establishments which experienced a significant revenue decline in 2021, contrasting with the growth seen by the local-serving Kangwon Land.","focusai_entities":"Central Disease Control Headquarters, Kangwon Land","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact Analysis","query":"What is the projected GGR impact on South Korea's foreign-only casinos for H2 2022, considering the reintroduction of pre-travel testing requirements and the recent resumption of tourist visas?"},{"label":"Operational Strategy Shift","query":"How are B2C operators of foreign-only casinos in South Korea adjusting their player acquisition and retention strategies to mitigate the impact of renewed travel restrictions on NGR?"}],"footnotes":""},"categories":[157,16338,23876],"tags":[23907],"class_list":["post-31827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-social-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31827","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=31827"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31827\/revisions"}],"predecessor-version":[{"id":31866,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31827\/revisions\/31866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15099"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}