{"id":32359,"date":"2022-08-04T05:59:30","date_gmt":"2022-08-04T08:59:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32359"},"modified":"2026-04-23T06:14:32","modified_gmt":"2026-04-23T09:14:32","slug":"south-korea-to-allow-visa-free-entry-from-japan-taiwan-and-macau","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-korea-to-allow-visa-free-entry-from-japan-taiwan-and-macau","title":{"rendered":"South Korea to allow visa-free entry from Japan, Taiwan and Macau"},"content":{"rendered":"\n

Authorities have announced the country will allow visa-free entry to holders of Japan, Taiwan, or Macau travel documents.<\/p>\n\n\n\n\n\n\n\n

South Korea.- Authorities have announced that visitors with travel documents issued by Japan, Taiwan or Macau will be granted visa-free entry to the country. According to Yonhap News Agency, travellers must apply online for permission<\/strong> to enter through the Korea Electronic Travel Authorization website at least 72 hours before their return flight.<\/p>\n\n\n\n

Authorities in the capital think the measure will help attract tourists to the 2022 Seoul Festival that will be held between August 10 to 14. The measure could also benefit the country’s casinos as most only accept foreign players. <\/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. However, the growth was mainly attributed to Kangwon Land<\/a>, the only casino in South Korea open to locals. Due to the Covid-19 pandemic, the number of arrivals in South Korea was 212,767 in 2020 and 48,278 in 2021.<\/p>\n\n\n\n

In June, the country resumed issuing short-term tourist visas<\/a> for individual tourists and tour groups after inbound tourism was halted at the height of the Covid-19 epidemic.<\/p>\n\n\n\n

As previously reported by Focus Gaming News, Paradise Co <\/strong>revenue reached KRW27.36bn (US$20.9m) in July, up 296.5 per cent year-on-year and 110 per cent month-on-month. In the first seven months of 2022, the group\u2019s casino revenue rose 7.4 per cent year-on-year to KRW128.35bn. <\/p>\n\n\n\n

Grand Korea Leisure (GKL) reported that casino sales increased 17 per cent month-on-month in July to KRW28.61bn (US$21.8m). Casino sales for the first seven months of 2022 <\/strong>combined stand at KRW123.35bn, up 157.7 per cent when compared to last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities have announced the country will allow visa-free entry to holders of Japan, Taiwan, or Macau travel documents.<\/p>\n","protected":false},"author":176,"featured_media":21341,"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 has implemented visa-free entry for travelers from Japan, Taiwan, and Macau, aiming to significantly boost tourism and benefit its foreign-only casino sector. This policy, coupled with the resumption of short-term tourist visas, is expected to increase inbound visitor numbers, positively impacting operators like Paradise Co and Grand Korea Leisure, which have already shown strong revenue recovery in July 2022.","focusai_entities":"Kangwon Land, Paradise Co, Grand Korea Leisure, Yonhap News Agency","focusai_location":"South Korea, Japan, Taiwan, Macau, Seoul","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.85), payments_fraud_aml (0.75), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact Forecast","query":"What is the projected incremental GGR for South Korean foreign-only casinos in H2 2022 and FY2023, factoring in the new visa-free policy and current visitation trends?"},{"label":"Regulatory Framework Adaptations","query":"How might South Korean gaming regulators adapt existing governance frameworks or compliance requirements in response to the anticipated surge in foreign player volume?"}],"footnotes":""},"categories":[157,16338],"tags":[],"class_list":["post-32359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32359","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=32359"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32359\/revisions"}],"predecessor-version":[{"id":32366,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32359\/revisions\/32366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21341"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}