South Korea

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

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

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

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

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

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

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

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...

Mohegan Tribal Gaming Authority signs Inspire Integrated Resort deal

May 9, 2017

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

American tribal casino operator the Mohegan Tribal Gaming Authority has reportedly “executed important agreements” with Incheon International Airport Corporation regarding its plan to build a $5 billion integra...

South Korea’s Ramada Plaza Jeju Hotel reopens casino after renovations

May 2, 2017

Latest Casino and Gambling News, Casino openings, South Korea

In a recent press release, the Ramada Plaza Jeju Hotel announced their casino gaming venue is now reopened after months of renovations. Located on the island of Jeju in South Korea, the casino is open to foreig...

Condominium development opens at Jeju Shinhwa World

April 26, 2017

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

After earlier this year finalizing a deal to take full control of the under-construction Jeju Shinhwa World integrated casino resort in South Korea, Chinese real estate firm Landing International Development Li...

First integrated casino resort opens in South Korea

April 22, 2017

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

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Thursday saw the opening of Paradise Sega Sammy's Paradise City in Yeongjongdo, South Korea in the location of the former Paradise Incheon Casino which was mostly absorbed into the new development. The resor...

Incheon’s Paradise City to open Thursday under less than ideal tourist conditions

April 19, 2017

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

South Korea's biggest casino operator, Paradise Co Ltd, and top-three Japanese slot and pachinko machine creator Sega Sammy Holdings Inc plan to open the country's first integrated casino resort on Thursday in ...

Jeju Shinhwa World to open hotel accommodations April 25th