Jeju Sun performance prompts Bloomberry to consider selling Korean casino Lars Jones Latest Casino and Gambling NewsEconomy/FinanceSouth Korea June 20, 2016 0After having operated the Jeju Sun Hotel and Casino on Jeju Island, South Korea for less than a year, Bloomberry Resorts Corp...
Las Vegas Sands continuing campaign for South Korea development Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsSouth Korea June 15, 2016 0Las Vegas Sands Corporation is reportedly continuing with a plan to build a version of its Marina Bay Sands resort...
Summons issued to unit of Hong Kong firm over Jeju slots deal Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationSouth Korea June 7, 2016 0Jeju District Court, located in South Korea, issued a summons to a unit of New Silkroad Culturaltainment, “due to an...
South Korea government rejects Jeju casino tax rate proposal Adam Morgan Latest Casino and Gambling NewsTaxationSouth Korea May 24, 2016 0In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross...
South Korea not very likely to remove gambling ban on locals Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsMacauSouth Korea May 19, 2016 0South Korea’s casino industry has benefitted significantly from the collapse of Macau’s casino industry which was brought on by the...
First-phase of Vietnamese resort casino to offer three hotels Adam Morgan Latest Casino and Gambling NewsCasino proposalsAustraliaHong KongMacauPhilippinesSouth KoreaVietnam May 5, 2016 0Macau junket promoter Suncity Group has revealed that the first phase of the casino resort it is building in Vietnam...
South Korean casino operator declares mixed results Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSouth Korea May 5, 2016 0South Korean casino operator Paradise Co has reported sales of $48.4 million for April, which represents a 9.4% increase year-on-year,...
China State Construction Engineering Corporation to tackle Jeju Dream Tower Build Sadonna Price Latest Casino and Gambling NewsNew HotelsCasino project updatesSouth Korea April 6, 2016 0The Jeju Dream Tower of Jeju Island has now chosen a builder, with China State Construction Engineering Corporation to be...
Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update Lars Jones Latest Casino and Gambling NewsCasino project updatesMergers, Acquisitions & PartnershipsSouth Korea March 26, 2016 0In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars...
Mohegan’s Inspire Integrated Resort lands Korean casino license Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsLicensesSouth Korea February 28, 2016 0Mohegan Sun’s partnership with KCC Corp paid off this week when the consortium was given a green light by the South...
South Korea to make decision soon on awarding foreign casino licenses to operators: Updated Renee Kingsley Casino proposalsLicensesSouth Korea February 26, 2016 0UPDATE 2-25-2016: Mohegan–KCC Consortium wins license. South Korea currently has a total of 17 operational casinos and only one that...
Lippo not certain if joint Caesars Korean casino project will proceed Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsCasino openingsSouth Korea December 28, 2015 0Lippo Ltd, a property developer, revealed that there was uncertainty whether the joint gaming project with Caesars Entertainment Corporation would...
Russia’s gambling zones offering low casino tax rate, relaxed visa rules to attract investors and gamblers Renee Kingsley Casino openingsCasino expansion projectsAsian Casino NewsMacauRussiaSingaporeSouth Korea December 4, 2015 0Russia banned casinos in 2009 but has authorized five special integrated gambling zones since then, the last being Sochi (pictured) the mostly abandoned...
Mohegan Sun excited over KCC Corp partnership Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsWorld Casino NewsGaming Industry NewsConnecticutLicensesAsian Casino NewsMergers, Acquisitions & PartnershipsSouth Korea November 25, 2015 0“Excited” was the word used by the Mohegan Tribal Gaming Authority, operator of Connecticut’s Mohegan Sun, to describe its new...
NagaCorp and Grand Korea Leisure dropping out of Korean resort license bidding D. Graham Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsCasino project updatesLicensesSouth Korea November 13, 2015 0Both South Korea’s state-run casino operator Grand Korea Leisure (GKL) and Hong Kong-listed NagaCorp have announced that they have abandoned...