Wednesday, May 29, 2024

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South Korea leads Macau foreign tour groups in early 2024

In the first four months of the year, Macau's tourism sector witnessed a steady influx of visitors, with South Koreans and Thais emerging as the leading foreign tour groups.

APT’s largest & richest South Korean Poker series concludes

The APT Jeju 2024 has earned its place in the record books as the largest and richest South Korean poker festival in the tour's 18-year history.

South Korean underage gamblers getting younger, increasing in numbers

The South Korea National Police Agency (KNPA) is reporting a surge in the number of Korean juveniles apprehended for involvement in illicit gambling activities.

South Korea’s Paradise Co sees 59% surge in gaming revenue in April m-o-m

South Korean foreigner-only casino operator Paradise Co. reported a 59 percent surge in casino gaming revenue on a month-to-month basis in April, totaling $61.1 million.

South Korea cracks down on illegal online gambling, as teens now operating platforms

Law enforcement officials in South Korea have apprehended a total of 2,925 individuals suspected of engaging in illicit online gaming activities in operations running over the last six months.

Mohegan INSPIRE already a “landmark” in South Korea: Executive 

South Korean integrated resort Mohegan INSPIRE is gaining popularity with its non-gaming offerings after debuting in November last year, says an executive.

South Korea and Thailand lead in visitor spending per capita in Macau

Visitors from South Korea, Thailand, and Mainland China ranked as the top three with the highest visitor spending per capita in Macau last year.

South Korea’s Grand Korea Leisure casino sales up nearly 50 percent in 2023

Foreigner-only South Korean gaming operator Grand Korea Leisure Co. Ltd. (GKL) reported a casino sales figure of KRW397.35 billion ($303.8 million) for the year 2023. This marked an increase of 49.8 percent compared to the preceding year, as stated in a filing with the Korea Exchange on Wednesday.

South Korea’s Paradise Co. sees a 112.8% uptick in 2023 gaming revenue

Korean casino operator Paradise Co. has reported a 112.8 percent increase in gaming revenue this year compared to 2022. The group generated KRW744.2 billion ($570.5 million) in casino revenue.

South Korea extends visa fee exemption to 2024; INSPIRE bets on K-pop events 

South Korea has decided to prolong the visa fee exemption initiative for Chinese group travelers, extending it until the end of 2024. Initially implemented in September, the existing program, waiving the standard $15 fee for these travelers, was initially set to expire at the end of the current year.