South Korea | World Casino News

Opening of Jeju Shinhwa World casino postponed

January 4, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, South Korea

Chinese real estate firm Landing International Development Limited has reportedly delayed the opening of the casino for its giant Jeju Shinhwa World development in South Korea as it awaits government permission...

Operator ends plans to dispose of Jeju Sun Hotel and Casino

Adam Morgan

November 15, 2017

Casino Sales, Casino News, Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, South Korea

The billionaire Filipino businessman behind Asian casino operator Bloomberry Resorts Corporation has reportedly declared that his firm is no longer interested in disposing of its stake in the Jeju Sun Hotel and...

Yan Tao leaves New Silkroad Culturaltainment Limited

Adam Morgan

September 29, 2017

Latest Casino and Gambling News, Gaming Industry News, South Korea

Chinese real estate developer and casino operator New Silkroad Culturaltainment Limited has announced that Yan Tao has officially resigned as its Chief Executive Officer, Executive Director and Vice-Chairman. ...

December opening set for Jeju Shinhwa World

Sadonna Price

September 22, 2017

Latest Casino and Gambling News, Casino openings, South Korea

Landing International Development Ltd, a real estate developer based in China, announced Thursday via press release that their Jeju Shinhwa World project will have its "official opening" on December 8. The Sout...

Jeju Dream Tower selects hotel operator

Adam Morgan

August 31, 2017

Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, South Korea

In South Korea, the firm behind the coming $606.6 million Jeju Dream Tower integrated casino resort has reportedly selected American hotel operator Hyatt Hotels Corporation to run the 1,626 rooms inside the 75-...

Kangwon Land Casino to discontinue credit card lending services

Adam Morgan

August 29, 2017

Latest Casino and Gambling News, South Korea

In South Korea, the nation’s only casino accessible to locals has reportedly announced that it will be discontinuing credit card cash lending services from Friday as part of a move to create a healthier gamblin...

Jeju Dream Tower casino project raises $35.4 million through convertible bonds

Alex Lanter

August 24, 2017

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

Lotte Tour Development Co., promoters of the upcoming Jeju Dream Tower Casino Resort on Jeju Island (pictured above) in South Korea, have raised 40 billion Wons (US $35.4 million) towards the project by issuing...

South Korea’s Kangwon Land posts worst quarter in 5 years

Lars Jones

August 14, 2017

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

In a Wednesday filing with the Korea Exchange, Kangwon Land posted second quarter 2017 profits of KRW110.4 billion (US$96.9 million), down 10.7 percent from the same quarter in 2016. Kangwon Land is located in ...

Ongoing diplomatic row sends Paradise Corporation Limited into the red

Adam Morgan

August 9, 2017

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

South Korean casino operator Paradise Company Limited has released its financial results for the second quarter showing a 26% decrease year-on-year in overall sales to $122.91 million alongside an 85.3% fall in...

Four Seasons Resort to be added to Jeju Shinhwa World

Sadonna Price

August 7, 2017

Latest Casino and Gambling News, Casino expansion projects, Casino project updates, South Korea

Landing International Development has been busy with their Jeju Shinhwa World project, a development currently under construction on Jeju Island of South Korea. Back in April, the Somerset Jeju Shinhwa accommod...

Visitors flock to recently-opened Paradise City

Adam Morgan

July 31, 2017

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

In South Korea, the operator behind the recently-opened Paradise City integrated casino resort has reportedly announced that the $1.7 billion development welcomed an average of 3,100 daily visitors during i...

Mohegan Sun to break ground in South Korea by end of year

Lars Jones

July 31, 2017

Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, South Korea

Mohegan Gaming & Entertainment (MGE), headquartered in Uncasville, Connecticut announced late last week that the company plans to break ground on the Inspire Integrated Resort adjacent to the Incheon Intern...

Gongzi Jeju Casino officially opens

Sadonna Price

July 20, 2017

Latest Casino and Gambling News, Casino openings, South Korea

In a press release presented on Tuesday, the Gongzi Jeju Casino announced that it had officially opened its doors on the holiday island of Jeju, in South Korea, according to the management of the property. The ...

Sky Racing World inks Korea Racing Authority distribution deal

Adam Morgan

July 7, 2017

Latest Casino and Gambling News, Horse Racing, Mergers, Acquisitions & Partnerships, South Korea

Two weeks after its proposed purchase of rival bookmaker Tatts Group Limited was approved by Australia's national competition regulator and Tabcorp Holdings Limited has now revealed that its Sky Racing World su...

Paradise City Incheon set to welcome APT Korea 2017 in August

Adam Morgan

June 5, 2017

Latest Casino and Gambling News, Poker Tournaments, South Korea

A little over six weeks after opening and the Paradise City Incheon integrated casino resort in South Korea has already managed to snag its first major land-based poker tournament series after announcing that t...

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Opening of Jeju Shinhwa World casino postponed

Operator ends plans to dispose of Jeju Sun Hotel and Casino

Yan Tao leaves New Silkroad Culturaltainment Limited

December opening set for Jeju Shinhwa World

Jeju Dream Tower selects hotel operator

Kangwon Land Casino to discontinue credit card lending services

Jeju Dream Tower casino project raises $35.4 million through convertible bonds

South Korea’s Kangwon Land posts worst quarter in 5 years

Ongoing diplomatic row sends Paradise Corporation Limited into the red

Four Seasons Resort to be added to Jeju Shinhwa World

Visitors flock to recently-opened Paradise City

Mohegan Sun to break ground in South Korea by end of year

Gongzi Jeju Casino officially opens

Sky Racing World inks Korea Racing Authority distribution deal

Paradise City Incheon set to welcome APT Korea 2017 in August

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