Table games performance helps South Korean casino operator’s bottom line Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSouth Korea September 6, 2016 0South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in...
Paradise Group makes first American purchase Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsSouth Korea August 22, 2016 0South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in...
Grand Korea Leisure reports significant second quarter improvement Kim M Latest Casino and Gambling NewsEconomy/FinanceSouth Korea August 15, 2016 0In this year’s second quarter, South Korean operator Grand Korea Leisure Co Ltd.’s (114090.KS) net income rose to KRW25.6bn (US$23.1m),...
People’s Party wants revised bill to allow second casino in South Korea to permit locals to gamble Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsLicensesSouth Korea August 5, 2016 0South Korea has seventeen casinos and only the Kangwon Land casino resort in Kangwon province allows locals to gamble. The...
Consortium signs land deal for new South Korea casino resort Adam Morgan Latest Casino and Gambling NewsCasino proposalsMergers, Acquisitions & PartnershipsSouth Korea August 2, 2016 0In South Korea, a consortium led by American casino operator Mohegan Tribal Gaming Authority has signed an agreement with Incheon...
Mohegan Sun owner interested in Fontainebleau Resort Las Vegas Adam Morgan Latest Casino and Gambling NewsLas VegasCasino News July 19, 2016 0The owner of the giant Mohegan Sun, the Mohegan Tribal Gaming Authority, is interested in purchasing a Las Vegas casino property...
North Korea profiting from lucrative online gambling industry and cyber operations Renee Kingsley Latest Casino and Gambling NewsHackingUnlicensed OperationSouth Korea July 19, 2016 0North Korea has an image in the international community of being one of the most secretive and guarded countries in...
June sales nearly double for South Korean casino operator Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSouth Korea July 7, 2016 0South Korean casino operator Paradise Company Limited has released its consolidated financial results for June showing a 99.2% increase year-on-year...
Jeju Sun performance prompts Bloomberry to consider selling Korean casino Lars Jones Latest Casino and Gambling NewsEconomy/FinanceSouth Korea June 20, 2016 0After having operated the Jeju Sun Hotel and Casino on Jeju Island, South Korea for less than a year, Bloomberry Resorts Corp...
Las Vegas Sands continuing campaign for South Korea development Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsSouth Korea June 15, 2016 0Las Vegas Sands Corporation is reportedly continuing with a plan to build a version of its Marina Bay Sands resort...
South Korea government rejects Jeju casino tax rate proposal Adam Morgan Latest Casino and Gambling NewsTaxationSouth Korea May 24, 2016 0In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross...
Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update Lars Jones Latest Casino and Gambling NewsCasino project updatesMergers, Acquisitions & PartnershipsSouth Korea March 26, 2016 0In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars...
Mohegan’s Inspire Integrated Resort lands Korean casino license Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsLicensesSouth Korea February 28, 2016 0Mohegan Sun’s partnership with KCC Corp paid off this week when the consortium was given a green light by the South...
Mohegan Sun excited over KCC Corp partnership Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsWorld Casino NewsGaming Industry NewsConnecticutLicensesAsian Casino NewsMergers, Acquisitions & PartnershipsSouth Korea November 25, 2015 0“Excited” was the word used by the Mohegan Tribal Gaming Authority, operator of Connecticut’s Mohegan Sun, to describe its new...
Jeju Sun Casino operations suspended one month Lars Jones Latest Casino and Gambling NewsCasino closuresTaxationFines, Lawsuits & LitigationSouth Korea November 11, 2015 0Bloomberry’s Jeju Sun Hotel and Casino has been ordered to suspend gaming operations at its South Korean operations for one month beginning...