South Korea

The South Korean government has decided to fire all 226 employees of Kangwon Land who were found to have obtained their jobs through nepotism.

Interblock announced today the placement of the company’s first electronic table games in Korea at Golden Crown Casino Daegu.

South Korea’s Ministry of Culture, Sports and Tourism office was raided on Saturday after allegations emerged that a former tourism ministry official had used his influence to secure jobs for four of his family members at Kangwon Land.

 A Chinese property developer has announced plans for $4.5 billion IR on Yeongjong Island, which authorities are touting as a major step towards creating an entertainment hub in the Incheon Free Economic Zone.

A blockchain focused casino and VIP solution provider, Dragon Inc, has established a partnership with South Korea casino Seven Luck to develop its VIP rooms with gaming oriented cryptocurrency.

Landing International officially opened Jeju Shinhwa World Landing Casino on Sunday, with the opening ceremony officiated by Dr. Yang Zhihui, chairman and executive director of Landing International and Jay Lee, CEO of Landing Jeju Development Co.

Hong Kong-listed property developer Landing International said it has received permission to relocate its casino on Jeju Island in South Korea to its new integrated resort and the facility will open on Feb. 25.

LongRunn International, a Chinese real estate and resorts developer, has reportedly agreed to construct a $4.5 billion property near the Incheon International Airport in South Korea.

Tribal gaming operator Mohegan Gaming and Entertainment reported net income of $29.2 million for the first quarter ended December 31, 2017, compared to a loss in the prior year period.

South Korea’s foreigner-only casinos faced another tough year in 2017, falling victim this time to a political spat with China.