South Korea | World Casino News

Grand Korea inks real estate deal with Incheon Airport to build casino

June 23, 2015

Tribal Gaming, Casino proposals, Casino News, Casino project updates, Asian Casino News, Mergers, Acquisitions & Partnerships, South Korea

South Korea’s gambling industry is growing at a rapid pace and gambling establishments are always on the lookout for prime real estate to expand their casino offerings. The Grand Korea Leisure Co Ltd, a casino...

Seventeen casinos scheduled to open before 2020 in Asia Pacific

Renee Kingsley

June 22, 2015

Cambodia, Latest Casino and Gambling News, Australia, Casino News, China, New Zealand, Japan, Macau, Asian Casino News, Malaysia, Oceania Casino News, Nepal, Philippines, Russia, Singapore, South Korea, Vietnam

The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time in expanding their presence throughout the Asia Pacific region. As many as seventeen casinos ...

14 arrested in China for attracting gamblers

Lars Jones

June 21, 2015

Latest Casino and Gambling News, World Casino News, China, Crime, South Korea

On Friday, Asian news agency Yonhap reported that Chinese authorities had arrested 14 South Koreans on Wednesday for allegedly trying to lure Chinese citizens into foreigner-only casinos in Korea. The charges i...

Baccarat games boost Las Vegas revenue in April 2015

Renee Kingsley

June 1, 2015

Latest Casino and Gambling News, U.S.A., Las Vegas, Macau, Philippines, Financial Press Releases, South Korea, Vietnam

Casinos in Las Vegas might have had an average 2014 but things are looking up in 2015. Las Vegas casinos reported a five percent spike in April 2015 when compared to April 2014 and brought in over $95 million i...

Korean casino cruise ship idea not enjoying a smooth sail

Lars Jones

May 22, 2015

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

The new law allowing casinos on cruise ships flying the South Korean flag is meeting resistance from within the country's government as well as opposition from land casinos with a vested interest in protecting ...

Las Vegas Sands willing to invest over $6 Billion in South Korea if government amends gambling laws

Renee Kingsley

May 15, 2015

Gaming Law & Legislation, Casino proposals, South Korea

South Korea is on its way to becoming the second most important gambling hub in Asia with Macau being the first. Now that VIP and high stake gamblers from Mainland China are willing to travel overseas to play, ...

South Korean cruise ship casinos authorized

Renee Kingsley

May 8, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, South Korea

A number of Asian countries have tried to capitalize on the collapse of Macau's casino industry and lure Macau's VIP gamblers to their casinos in an effort to increase casino revenue and generate more taxes to ...

Chinese shoppers targeted by South Korea as they increase “low roller” numbers

Sam Mitchell

May 6, 2015

Latest Casino and Gambling News, Casino News, China, South Korea

On May 5, 2015 it was revealed in a Reuters article that Seoul foreigner-only casinos have started targeting low-roller gamblers, particularly Chinese shoppers. The casino operators are doing this by offering f...

Bloomberry’s Korea casino plans; more revealed

Sadonna Price

April 21, 2015

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Philippines, South Korea

Over $1 billion is going to be spent on a new South Korean casino resort complex, based on plans by the Bloomberry Resorts Corporation. The company had previously announced their project for the casino resort a...

Mohegan Sun and Incheon International Airport Corp to Develop Gateway Entertainment Resort in South Korea

Bernard Richter

April 20, 2015

Casino proposals, Latest Casino and Gambling News, South Korea

UNCASVILLE, Conn. and INCHEON, South Korea, April 20, 2015 /PRNewswire/ -- The Mohegan Tribal Gaming Authority ("MTGA" or the "Authority") operator of Mohegan Sun, Mohegan Sun Pocono and Resorts Casino Hotel, a...

South Korean casino operator GKL denies partnership plans with US Mohegan Tribe

Sam Mitchell

April 16, 2015

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

Korea Economic Daily quoted investment banking sources this week and announced that Grand Korea Leisure Co Ltd had plans to enter into a partnership with the Mohegan Tribe to construct a billion dollar casino...

Korean government approves foreign investment bill

Sam Mitchell

April 10, 2015

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, South Korea

On Tuesday April 7, 2015 the South Korean government approved a foreign investment promotion bill specific to the Saemangeum area. The bill lifts restrictions currently in place against foreign investment. The...

Landing and South Korea – No casino deal

Sam Mitchell

March 30, 2015

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

Landing International Development was in negotiations with South Koreans to purchase the Alpensia Casino & Resort in remote Pyeongchang-gun county in the township of Daegwanyeong-myeon. On Monday March 30,...

South Korea gambling revenues rise 9th year in a row

Lars Jones

March 19, 2015

Latest Casino and Gambling News, World Casino News, South Korea

The casino industry suffered setbacks throughout the world and gambling hubs like Macau and Las Vegas reported significant declines in revenues during 2014. South Korea appears to be completely immune from such...

Bloomberry to buy South Korean island, casino operator

Sam Mitchell

March 18, 2015

Casino proposals, Latest Casino and Gambling News, World Casino News, Asian Casino News, Philippines, South Korea

Reports state Enrique Razon, a Philippine billionaire, is going to buy a South Korean island to develop a new entertainment complex on. This tourism and leisure complex is specifically going to house a gambling...

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Grand Korea inks real estate deal with Incheon Airport to build casino

Seventeen casinos scheduled to open before 2020 in Asia Pacific

14 arrested in China for attracting gamblers

Baccarat games boost Las Vegas revenue in April 2015

Korean casino cruise ship idea not enjoying a smooth sail

Las Vegas Sands willing to invest over $6 Billion in South Korea if government amends gambling laws

South Korean cruise ship casinos authorized

Chinese shoppers targeted by South Korea as they increase “low roller” numbers

Bloomberry’s Korea casino plans; more revealed

Mohegan Sun and Incheon International Airport Corp to Develop Gateway Entertainment Resort in South Korea

South Korean casino operator GKL denies partnership plans with US Mohegan Tribe

Korean government approves foreign investment bill

Landing and South Korea – No casino deal

South Korea gambling revenues rise 9th year in a row

Bloomberry to buy South Korean island, casino operator

JPMorgan Ends Stake in Star Entertainment Amid Ongoing Turmoil

Arizona Tribes Contribute Over $42.5M in Gaming Funds for Q2 FY2025

Jamaica’s First Casino Set to Open at Princess Resorts in 2025, Driving Tourism Growth

Mississippi Gaming Commission Approves Tullis Casino, Delays Tivoli Decision

Massachusetts Casinos and Sports Betting Generate Over $181 Million in November