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Bain Capital Assumes Control of Inspire Entertainment Resort in South Korea

February 19, 2025

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

Private equity firm Bain Capital has taken control of Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in South Korea. This follows financial difficulties faced by Mohegan Gaming ...

Kangwon Land Kicks Off Foreigners-Only Casino Zone Pilot

Vanja Mitic

February 6, 2025

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

In an effort to cater to its growing foreign clientele, Kangwon Land, South Korea’s only casino that permits local patrons, has launched a pilot program for a dedicated "Casino Zone for Foreigners Only." This i...

Asian Poker Tour Announces 2025 Festival Schedule With Exciting Events

Johnny K.

February 6, 2025

Cambodia, Taiwan, Latest Casino and Gambling News, World Casino News, Poker Tournaments, Poker, Asian Casino News, Philippines, South Korea

The Asian Poker Tour (APT) has officially unveiled its 2025 festival calendar, promising a series of high-stakes tournaments across key Asian locations. The tour, sponsored by Natural8, will feature five major ...

Jeju Dream Tower Sees Record Casino Revenue in January 2025

Vanja Mitic

February 4, 2025

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

Lotte Tour Development's Jeju Dream Tower has posted a remarkable surge in its casino performance for January 2025, marking a significant leap in both monthly and year-on-year revenue figures. The integrated re...

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

Vanja Mitic

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, North America Casino News, World 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, World Casino News, Casino openings, Casino expansion projects, 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, New Hotels, World Casino News, 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

Casino News, Latest Casino and Gambling 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...

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Bain Capital Assumes Control of Inspire Entertainment Resort in South Korea

Kangwon Land Kicks Off Foreigners-Only Casino Zone Pilot

Asian Poker Tour Announces 2025 Festival Schedule With Exciting Events

Jeju Dream Tower Sees Record Casino Revenue in January 2025

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

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Head Digital Works to Merge With Adda52 Parent Deltatech Gaming in India

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

Sweden’s Gambling Market Sees Modest Growth in 2024 Amid Online Surge

Churchill Downs Unveils $1B Expansion Ahead of 154th Kentucky Derby