Tigre De Cristal owner agrees partnership with South Korean casino operator Adam Morgan Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsRussia August 15, 2016 0The company behind the Tigre De Cristal casino resort in Russia’s Primorsky Krai region, Summit Ascent Holdings Limited, has reportedly...
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...
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...
Possible Casino Resorts In Busan, South Korea discussed during international forum Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsChinaMacauSingaporeSouth Korea July 6, 2016 0The first ever Global Busan Tourism Forum was held in Busan towards the end of June 2016 and one of...
South Korean Casino project receives additional investment from Genting Singapore Renee Kingsley Latest Casino and Gambling NewsCasino proposalsSingaporeSouth Korea June 22, 2016 0South Korea’s casino industry has benefited from the downturn in Macau’s casino industry and a number of gambling operators across the...
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...
South Korea not very likely to remove gambling ban on locals Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsMacauSouth Korea May 19, 2016 0South Korea’s casino industry has benefitted significantly from the collapse of Macau’s casino industry which was brought on by the...
South Korean casino operator declares mixed results Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSouth Korea May 5, 2016 0South Korean casino operator Paradise Co has reported sales of $48.4 million for April, which represents a 9.4% increase year-on-year,...
South Korea to make decision soon on awarding foreign casino licenses to operators: Updated Renee Kingsley Casino proposalsLicensesSouth Korea February 26, 2016 0UPDATE 2-25-2016: Mohegan–KCC Consortium wins license. South Korea currently has a total of 17 operational casinos and only one that...
Macau authorities arrest South Korean casino workers for enticing Chinese gamblers Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & LitigationSouth Korea October 20, 2015 0Macau’s casino industry used to enlist special junket operators whose main role was to target VIP gamblers from Mainland China...
Bloomberry set to open first overseas property on Jeju Island, South Korea Lars Jones Latest Casino and Gambling NewsCasino openingsNew HotelsSouth Korea September 16, 2015 0Philippines casino operator Bloomberry has nearly completed a four month renovation of their hotel and casino property on South Korea‘s...
South Korea narrows down casino license race to just nine sites TJ Gill Casino NewsCasino project updatesLicensesSouth Korea August 29, 2015 0It’s been quite the showdown in South Korea over the final bidding process over the last two casino licenses the...
34 gambling establishments apply for South Korea casino licenses Renee Kingsley Casino proposalsCasino NewsGaming Industry NewsEconomy/FinanceLicensesAsian Casino NewsSouth Korea July 20, 2015 0The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled...