Thursday, May 9, 2024

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Landing’s Jeju Shinhwa World casino narrows 2H2022 loss

Landing Group posted a 45.1 percent increase in revenue on increased domestic demand, narrowing Jeju Shinhwa World’s casino loss for 2H2022.

Jeju union condemns mass lay-offs at Jeju Shinhwa World

Jeju Trade Unions on Tuesday reportedly held a press conference in front of the Jeju Provincial Office urging the Shinhwa World Casino to stop the mass layoff of its casino workers.

Jeju Shinhwa World shakes up its leadership

The Korean media reports that much of the board-level leadership of Jeju Shinhwa World has recently been changed, though the company denies that this has any connection with the recent major theft of funds.

Landing refutes union accusations regarding smoking at Jeju Shinhwa World

In its increasingly bitter dispute with the local labor union, Landing International has refuted claims by union leaders that it puts the health of workers at risk, noting that it complies with all labor laws and that a smoking ban inside the casino is now taking effect.

Jeju Shinhwa World accused of unfair labor practices

The management Jeju Shinhwa World is locked in an increasingly bitter dispute with its employee labor union over allegedly deteriorating worker conditions and interference in protected labor union activities.

Shin Hwa World to raise $39.6M via rights issue

Hong Kong-listed casino developer Shin Hwa World Ltd has announced a series of capital reorganization measures, including plans to raise HK$263.7 million ($39.6 million) via a rights issue.

Shin Hwa World reports significant revenue decline in 2023 and increased losses

South Korean gaming operator Shin Hwa World Limited has released its financial results for the year ending December 31, 2023, revealing a substantial decrease in consolidated revenue.

Shin Hwa raises funds to revamp Jeju IR via share issuance

South Korean gaming operator Shin Hwa World has announced its plan to issue 845.25 million new shares, aiming to generate approximately HK$28.5 million ($3.6 million) in net proceeds.

Asian Poker Tour announces APT Jeju 2024 & $1.5 million main event guarantee

The Asian Poker Tour, sponsored by Natural8, is pleased to announce its second festival of the year, with the APT Jeju 2024 taking place at the luxurious Jeju Shinhwa Resort from April 26th to May 5th.

50 percent of Jeju islanders link rising crime to casinos: survey

Nearly 50 percent of Jeju residents think that the iland's foreigner-only casinos are responsible for a surge in local crime, indicating a need for increased government regulation, according to a survey released on Friday.