{"id":777048721,"date":"2026-10-16T11:19:21","date_gmt":"2026-10-16T14:19:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777048721"},"modified":"2026-10-16T11:39:23","modified_gmt":"2026-10-16T14:39:23","slug":"south-korea-casinos-mgm-osaka","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/south-korea-casinos-mgm-osaka","title":{"rendered":"MGM Osaka could divert up to US$1.72bn from South Korean casinos, study warns"},"content":{"rendered":"\n
Entry restrictions, betting limits and limited operating hours could weaken South Korea’s competitiveness.<\/p>\n\n\n\n\n\n\n\n
Key takeaways:<\/strong><\/p>\n\n\n\n South Korea.- South Korea’s casino industry could see up to KRW2.32tn (US$1.72bn) in annual gaming spend diverted to Japan <\/strong>following the planned 2030 opening of MGM Osaka, according to an academic study presented at a Korea Casino Association forum. The findings raise questions about how South Korea’s regulatory framework and casino operating conditions could affect its ability to retain domestic and international players as Japan develops its integrated resort market.<\/p>\n\n\n\n Kyung Hee University tourism professor Lee Chung-ki <\/strong>presented the study at a Korea Casino Association forum, highlighting a significant threat to both Kangwon Land, South Korea\u2019s sole casino open to domestic players, and the country\u2019s 17 foreigner-only casinos. The study suggests that Kangwon Land could suffer an annual spend diversion ranging from KRW316.51bn to KRW1.27tn (US$235m to US$954m) as 52.1 per cent of its surveyed customers expressed an intention to visit MGM Osaka.<\/p>\n\n\n\n Meanwhile, foreigner-only properties could see outflows between KRW807.07bn (US$600m) and KRW1.05tn (US$788m) as VIP players migrate to the Japanese resort.<\/p>\n\n\n\n The study emphasises regulatory rigidity and operational limitations in South Korea as possible drivers of player attrition. Surveyed patrons cited a desire for fewer entry restrictions, 24-hour operations, higher betting limits and expanded non-gaming facilities. The report warns South Korean policymakers against new demands on casinos<\/a> or introducing short-term renewable licences for foreigner-only operators. <\/p>\n\n\n\n