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South Korea

Genting Singapore walking away from Resorts World Jeju development

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

November 14, 2016 0

Asian casino operator Genting Singapore has reportedly signed a deal that will see it sell its interests in a coming...

Political scandal entangles South Korean casino operator

Latest Casino and Gambling News Crime South Korea

November 10, 2016 0

In South Korea, the ongoing political corruption scandal involving president Park Geun-Hye and under-indictment confidant Choi Soon-Sil has now reportedly...

Paradise City pre-opening costs hit South Korean operator’s bottom line

Latest Casino and Gambling News Economy/Finance South Korea

November 9, 2016 0

A day after Grand Korea Leisure Company Limited reported improved third-quarter financial results and the picture is not as good...

Business improves for South Korean casino operator

Latest Casino and Gambling News Economy/Finance South Korea

November 8, 2016 0

South Korean casino operator Grand Korea Leisure Company Limited has revealed its third-quarter financial results showing a 20.5% increase year-on-year...

Kangwon Land Profits up by 6% in Q3

Economy/Finance Financial Press Releases South Korea

November 3, 2016 0

The largest South Korean casino resort, the Kangwon Land Resort, has just released their Q3 profits for 2016. According to...

Jeju Air begins daily South Korea service to Macau

Latest Casino and Gambling News Asian Casino News Macau South Korea

November 1, 2016 0

In the face of growing demand from local tourists and gamblers, South Korean budget airline Jeju Air has inaugurated a...

South Korea casino firms fearing rumors of reduced Chinese tourist numbers

Latest Casino and Gambling News Asian Casino News South Korea

October 25, 2016 0

Shares in South Korean casino operators Paradise Company Limited and Grand Korea Leisure Company Limited have fallen by 5.02% and...

South Korea’s Kangwon Land Casino will tighten regulations to address local problem gambling concerns

Latest Casino and Gambling News Gaming Law & Legislation South Korea

October 7, 2016 0

The South Korean casino market is one of the fastest growing gambling markets in Asia and the Kangwon Land casino...

Bloomberry Resorts Corporation refutes Jeju Sun Hotel And Casino sale extension claim

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

September 27, 2016 0

Bloomberry Resorts Corporation is refuting a claim that it has agreed to extend the closing date for the sale of...

Renewed investment figures for Busan casino by Las Vegas Sands

Latest Casino and Gambling News Casino proposals South Korea

September 12, 2016 0

CEO of Marina Bay Sands, George Tanasijevich, said in an interview with Korea Economic Daily, that if “investment conditions are...

Table games performance helps South Korean casino operator’s bottom line

Latest Casino and Gambling News Economy/Finance South Korea

September 6, 2016 0

South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in...

Paradise Group makes first American purchase

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

August 22, 2016 0

South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in...

Grand Korea Leisure reports significant second quarter improvement

Latest Casino and Gambling News Economy/Finance South Korea

August 15, 2016 0

In this year’s second quarter, South Korean operator Grand Korea Leisure Co Ltd.’s (114090.KS) net income rose to KRW25.6bn (US$23.1m),...

Kangwon Land is against Saemanguem casino for Korean residents

Latest Casino and Gambling News South Korea

August 11, 2016 0

In South Korea, the only operator to offer a casino resort to nationals is Kangwon Land Inc. Operating the Kangwon...

People’s Party wants revised bill to allow second casino in South Korea to permit locals to gamble

Latest Casino and Gambling News Gaming Law & Legislation Casino proposals Licenses South Korea

August 5, 2016 0

South Korea has seventeen casinos and only the Kangwon Land casino resort in Kangwon province allows locals to gamble. The...

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