reopened for VIPs in May<\/a><\/em><\/strong>. closed again on August 23 after a spike in Covid-19 cases.<\/p>\n\n\n\nIt expects a loss of KRW36.4 billion (US$30.6 million) due to the closure from August 23 to September 21.<\/p>\n\n\n\n
The South Korea health authorities have raised the level of alert from 2 to 2.5, which means limits on some business operations in the capital Seoul.<\/p>\n\n\n\n
By Friday, South Korea had accumulated 20,842 cases of Covid-19 infections, 198 of them in the preceding 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"
The casino in Jeongseon-gun has been closed since August 23 due to heightened measures against Covid-19.<\/p>\n","protected":false},"author":2,"featured_media":9691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Kangwon Land casino in South Korea has extended its operational suspension until September 21 due to heightened COVID-19 measures, anticipating a KRW36.4 billion (US$30.6 million) loss. This prolonged closure impacts the nation's sole domestic-facing casino, following an escalation of public health alert levels by South Korean authorities. The decision underscores the ongoing challenges faced by land-based gaming verticals in navigating pandemic-related disruptions.","focusai_entities":"Kangwon Land","focusai_location":"South Korea, Jeongseon-gun, Seoul","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.75), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Financial Impact Analysis","query":"What is the projected quarterly GGR and NGR impact for Kangwon Land, considering this extended closure and the prior VIP reopening period?"},{"label":"Regulatory Response Efficacy","query":"How do South Korean health authority mandates compare to other APAC jurisdictions in balancing public health with economic continuity for licensed gaming operators?"}],"footnotes":""},"categories":[28,16338],"tags":[16471,15033,152],"class_list":["post-9689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-kangwon-land","tag-lockdown","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9689","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=9689"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9689\/revisions"}],"predecessor-version":[{"id":9706,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9689\/revisions\/9706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9691"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}