Tagged seoul

South Korean casino firms seeing light at the end of their coronavirus tunnels

April 7, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated gross gaming revenues for March decreased by 11.8% year-on-year to approximately $15.58 million. ...

Coming gaming floor extension for South Korea’s Kangwon Land Casino

Adam Morgan

February 7, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and local casino operator Kangwon Land Incorporated has reportedly announced that it is planning to expand the size of the gaming floor within its Kangwon Land Casino property by some 10% to appr...

Grand Korea Leisure Company Limited chalks up a disappointing January

Adam Morgan

February 4, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Grand Korea Leisure Company Limited reportedly saw its aggregated gross gaming revenues for January drop by a little over 3.5% month-on-month to approximately $8.1 million. Accor...

Jeju Dream Tower chalks up a positive December performance

Adam Morgan

January 6, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Lotte Tour Development Company Limited has reportedly announced that the new Jeju Dream Tower development generated its first ever positive monthly earnings in December....

Grand Korea Leisure Company Limited records disappointing 2021 financials

Adam Morgan

January 4, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and well-known local casino operator Grand Korea Leisure Company Limited has reportedly released its financial results for the whole of 2021 showing that its annual gross gaming revenues had drop...

Grand Korea Leisure Company Limited inks deal to relocate Seoul casino

Adam Morgan

December 29, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly announced that will be relocating the Seven Luck-branded gambling enterprise it runs within the Millennium Hilton Seou...

Lacklustre November financials for Paradise Company Limited

Adam Morgan

December 6, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated November gaming revenues fell by 53.6% month-on-month to sit just shy of $8.4 million as it continu...

South Korean players to grow increasingly valuable to Asian casino operators

Adam Morgan

November 17, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Asian Casino News, South Korea

Asian casino operators will likely increase their marketing efforts towards prospective customers from South Korea over the next few years owing to the continued coronavirus-related absence of mainland Chinese ...

Kangwon Land Incorporated records improved third-quarter net profit

Adam Morgan

November 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Kangwon Land Incorporated has reportedly released its unaudited third-quarter financial results showing that its net profit increased by almost 150% year-on-year to hit ...

Paradise Company Limited feeling the impact of coronavirus

Adam Morgan

October 6, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Taxation, South Korea

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated September gaming revenues fell by 53.6% year-on-year to just shy of $8 million. According to a r...

COVID-19 continues to affect Grand Korea Leisure as low monthly revenues figures recorded in July

Sadonna Price

August 4, 2021

Latest Casino and Gambling News, Economy/Finance, South Korea

The continued surges in positive COVID-19 cases have caused casinos in Asia to record monthly losses. In several areas of the country, case counts are rising, and restrictions are coming back into play, negativ...

South Korea pondering introduction of another coronavirus-related lockdown

Adam Morgan

July 8, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, South Korea

Casino operators across South Korea are reportedly facing the real prospect of being forced to temporarily close their venues yet again owing to a recent spike in local coronavirus infections. According to a...

June revenues boost for Grand Korea Leisure Company Limited

Adam Morgan

July 5, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly announced that its aggregated gross gaming revenues for June rose by 45.6% month-on-month to top $13.1 million. Acc...

Jeju Dream Tower development to open its Dream Tower Casino in June

Adam Morgan

June 2, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, South Korea

In South Korea and local casino operator Lotte Tour Development Company Limited has reportedly announced that it intends to officially premiere the gambling element within its new Jeju Dream Tower development f...

Seoul casino closure possibility for Grand Korea Leisure Company Limited

Adam Morgan

May 26, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly been hit by news that the impressive 680-room Seoul hotel housing one of its Seven Luck-branded venues may soon be dem...