{"id":777049081,"date":"2026-10-27T11:03:16","date_gmt":"2026-10-27T14:03:16","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777049081"},"modified":"2026-10-27T12:01:18","modified_gmt":"2026-10-27T15:01:18","slug":"kangwon-land-approves-new-management-strategy-with-us2-26bn-revenue-goal","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/kangwon-land-approves-new-management-strategy-with-us2-26bn-revenue-goal","title":{"rendered":"Kangwon Land approves new management strategy with US$2.26bn revenue goal"},"content":{"rendered":"\n

The board-approved plan sets new performance benchmarks and extends the company\u2019s strategic outlook to 2035.<\/p>\n\n\n\n\n\n\n\n

South Korea.- The South Korean casino operator Kangwon Land<\/strong> has adopted a new management framework for 2027\u20132031<\/strong>, with a KRW3tn (US$2.26bn) revenue goal and additional performance targets covering customer service, ESG ratings and regional economic development. The company\u2019s board approved the plan at a meeting on October 26 under new chief executive Kim Do-kyun<\/a>. <\/p>\n\n\n\n

The new strategy replaces the company\u2019s 2030 plan and extends its long-term outlook to 2035. Alongside its revenue goal, Kangwon Land aims to secure the highest grade in South Korea\u2019s public-sector customer satisfaction assessment, an integrated S rating<\/strong> in environmental, social and governance (ESG) evaluations, and an S rating for its contribution to the regional economy.<\/p>\n\n\n\n

The plan identifies four areas for development: strengthening tourism beyond casino gambling, developing a casino focused on responsible entertainment, supporting communities affected by the decline of coal mining, and improving the company\u2019s long-term business performance.<\/p>\n\n\n\n

The strategy comes as Kangwon Land seeks to attract more domestic and international visitors through investment in gaming and non-gaming facilities under its K-HIT redevelopment programme targeting KRW3.5tn (US$2.63bn) in annual revenue. The company has not clarified how the latest KRW3tn (US$2.26bn) revenue target relates to that earlier goal or whether the new strategy will change the project\u2019s investment plans and development schedule.<\/p>\n\n\n\n

Kangwon Land operates South Korea\u2019s only casino open to local gamblers, alongside hotels and tourism facilities at its Jeongseon resort<\/strong> in Gangwon Province<\/strong>. Recently, the company offered US$2.3m<\/a> to attract businesses to former coal-mining towns in the province as part of efforts to diversify the local economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

The board-approved plan sets new performance benchmarks and extends the company\u2019s strategic outlook to 2035.<\/p>\n","protected":false},"author":2395,"featured_media":777043691,"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 Korean casino operator Kangwon Land has unveiled a new management framework for 2027-2031, targeting KRW3tn (US$2.26bn) in revenue, alongside top-tier ESG and customer satisfaction ratings. This strategic plan, approved by the board under new CEO Kim Do-kyun, extends the company's long-term outlook to 2035 and emphasizes responsible entertainment, tourism diversification, and regional economic development. The initiative seeks to attract domestic and international visitors through investments in gaming and non-gaming facilities.","focusai_entities":"Kangwon Land, Kim Do-kyun","focusai_location":"South Korea, Jeongseon, Gangwon Province","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"K-HIT Program Impact?","query":"How does the new KRW3tn revenue target for 2027-2031 reconcile with the existing K-HIT redevelopment program's KRW3.5tn annual revenue goal, and what are the implications for its investment schedule?"},{"label":"ESG Strategy Details?","query":"What specific governance frameworks and operational initiatives will Kangwon Land implement to achieve an integrated S rating in ESG evaluations and the highest public-sector customer satisfaction grade?"}],"footnotes":""},"categories":[157,16338],"tags":[16471],"class_list":["post-777049081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-kangwon-land"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049081","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777049081"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049081\/revisions"}],"predecessor-version":[{"id":777049088,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049081\/revisions\/777049088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777043691"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777049081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777049081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777049081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}