South Korea

New Silkroad Culturaltainment Ltd has announced a name change for its casino at Jeju KAL Hotel, South Korea.

Hong Kong-listed Landing International Development Ltd has warned investors it expects to record an increase in net loss for the year ended December 31, 2016.

Predictions for the 2017 Asian Gaming market could be precarious, but I speculate we will begin to see disruptive technologies migrate to the mainstream.

South Korean casino operator Paradise Co. Ltd says casino revenue rose 6.2 percent in the full-year 2016, according to a filing from the firm to the Korea Exchange.

Hong Kong-listed Landing International Development has announced it is now the sole owner of the foreigner-only casino project in Jeju, South Korea.

Landing International Development said its casino in the Hyatt Regency on South Korea’s Jeju Island has ranked first in the 2016 anti-money laundering assessment of 17 of the country’s casinos.

Philippine casino operator Bloomberry Resorts saw an increase in Chinese visitors last month, suggesting President Rodrigo Duterte’s lean towards Beijing has started to benefit business.

Paradise Co Ltd. has reported an increase in casinos sales for the month of November, up 7.2 percent year-on-year to KRW53.91 billion (US$46.1 million) according to the company’s filing to the Korea Exchange.

Caesars Entertainment and R&F Properties have announced they will partner on a casino development project in South Korea, according to a filing from Guangzhou R&F Properties Co. Ltd on Monday.

Jeju’s provincial government says it will be intensifying its management and supervision of foreigner-only casinos.

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