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Paradise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth

January 3, 2025

Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, South Korea

South Korea’s Paradise Co, a leader in the foreigner-only casino market, closed 2024 with an impressive 10.2% growth in casino revenue, reaching KRW818.8 billion (US$556 million). This marks a significant impro...

Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

Johnny K.

January 2, 2025

Tribal Gaming, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Mohegan Gaming & Entertainment has released its financial outcomes for the fourth quarter and fiscal year ending September 30, 2024, highlighting strong revenue growth while grappling with substantial liqui...

Kangwon Land Unveils Major Casino Expansion to Tackle Crowding and Competition

Vanja Mitic

December 3, 2024

Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Asian Casino News, South Korea

In an ambitious move to amplify its gaming environment and address the issue of overcrowding, Kangwon Land, the sole casino in South Korea where locals are permitted to gamble, has announced a significant inves...

Grand Korea Leisure Sees Casino Revenue Decline for Second Month

Johnny K.

November 4, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Grand Korea Leisure Co., Ltd. (GKL), a leading operator of foreigner-only casinos in South Korea, experienced its second month of revenue decline in October 2024. The company, which manages three casinos under ...

IH Group Set to Open Casino on Rota Island in 2025, Major Investment in Northern Marianas

Johnny K.

October 9, 2024

Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Northern Mariana Islands, South Korea

South Korea-based IH Group is making significant strides in expanding its presence in the Pacific with plans to launch a major casino resort on the island of Rota, part of the Commonwealth of the Northern Maria...

South Korea Eyes Global Tourism Boom with Integrated Resorts Vision

Vanja Mitic

October 3, 2024

Latest Casino and Gambling News, Casino News, World Casino News, New Hotels, Asian Casino News, South Korea

South Korea is on the brink of transforming its tourism landscape by embracing the concept of integrated resorts, a move set to position the nation as a formidable player on the international stage. During a pi...

Kangwon Land Expands Casino Operations with More Gaming Tables and Increased Betting Limits

Johnny K.

September 5, 2024

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

Kangwon Land, South Korea’s only casino that permits locals to gamble, has received approval from the Ministry of Culture, Sports, and Tourism for a significant expansion of its gaming facilities. The announcem...

Grand Korea Leisure Reports Stellar Casino Revenue Growth in August; Up 114.7% From July

Vanja Mitic

September 2, 2024

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

Grand Korea Leisure Co Ltd (GKL), a prominent operator of casinos designated for foreigners in South Korea, has experienced a significant uptick in its casino revenue figures for August. In a September 2 filing...

Shin Hwa World Mitigates Losses with Strategic Revenue Growth in H1 2024

Vanja Mitic

August 29, 2024

Casino Destinations, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

In a robust turn of financial strategy, Shin Hwa World, a major integrated resort operator based in South Korea, has effectively mitigated its losses for the first half of 2024 by nearly 32%. This financial imp...

Mohegan Inspire’s Revenue Surge Bolsters Company’s Record Quarter

Vanja Mitic

August 9, 2024

Latest Casino and Gambling News, Casino Destinations, World Casino News, New Hotels, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Mohegan's newly inaugurated South Korean venue, Mohegan Inspire, located in Incheon, has been a significant catalyst in achieving record-breaking revenues for the casino operator. Since its opening in late 2023...

Revenue Crisis Hits GKL: Casino Income Plummets 48.1% in July 2024

Vanja Mitic

August 6, 2024

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Grand Korea Leisure (GKL), a prominent player in the foreigner-only casino market in South Korea, has encountered an unexpected sharp decline in its casino revenues, with a 48.1% decrease compared to the previo...

Paradise Group in South Korea Unveils Major Expansion Plans for Travel and Casino Sectors

Vanja Mitic

July 3, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, South Korea

Paradise Group is set to revolutionize customer experiences by introducing innovative travel products and enhancing its casino offerings, with a strong emphasis on attracting international visitors. The hotel o...

Dowinn Group Postpones Philippines Reopening to July 19 Amid Industry Speculation

Johnny K.

June 25, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Bankruptcy, Philippines, South Korea

Dowinn Group, a significant junket operator in the Philippines, has postponed its previously scheduled reopening to July 19, missing the anticipated resumption on Monday, June 24, at 2 PM. This update, reported...

GKL Unveils Strategic Plan to Tackle Regional Casino Market Competition

Johnny K.

June 8, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Asian Casino News, Online Gambling News, South Korea

Grand Korea Leisure Co Ltd (GKL), a prominent operator of foreigner-only casinos in South Korea, has announced a strategic overhaul aimed at enhancing its competitiveness amid intensifying regional rivalry. The...

Mohegan Achieves Record Quarterly Revenue, Driven by South Korean Resort

Johnny K.

May 11, 2024

Tribal Gaming, Tribal Gaming, Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Financial Press Releases, South Korea

Mohegan, the US-based gaming operator that has recently launched its Incheon Mohegan INSPIRE integrated resort in South Korea, has announced a historic milestone with its highest quarterly net revenue to date, ...

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Paradise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth

Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

Kangwon Land Unveils Major Casino Expansion to Tackle Crowding and Competition

Grand Korea Leisure Sees Casino Revenue Decline for Second Month

IH Group Set to Open Casino on Rota Island in 2025, Major Investment in Northern Marianas

South Korea Eyes Global Tourism Boom with Integrated Resorts Vision

Kangwon Land Expands Casino Operations with More Gaming Tables and Increased Betting Limits

Grand Korea Leisure Reports Stellar Casino Revenue Growth in August; Up 114.7% From July

Shin Hwa World Mitigates Losses with Strategic Revenue Growth in H1 2024

Mohegan Inspire’s Revenue Surge Bolsters Company’s Record Quarter

Revenue Crisis Hits GKL: Casino Income Plummets 48.1% in July 2024

Paradise Group in South Korea Unveils Major Expansion Plans for Travel and Casino Sectors

Dowinn Group Postpones Philippines Reopening to July 19 Amid Industry Speculation

GKL Unveils Strategic Plan to Tackle Regional Casino Market Competition

Mohegan Achieves Record Quarterly Revenue, Driven by South Korean Resort

Michigan’s Online Gambling Revenue Sets Record in 2024

Genting Malaysia Poised for Growth as Hollywood Casino Reopens in Genting Highlands

Aristocrat Gaming Expands NFL-Themed Slots to Puerto Rico, Marking International Debut

Las Vegas Casino Strike Ends After Nearly 10 Weeks with New Contract

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