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Eightcity plan sinks
Incheon officials said the proposed $290 billion Eightcity mega-resort project had collapsed after hotelier Kempinski AG, a member of the development group, failed to...
Police crackdown on illegal gambling ring
Police cracked down on an illegal gambling ring that organized games online disguised as “bookmaking activity.” According to local media, the website was registered...
Caesars and Lippo mull appeal options
Caesars Entertainment Corp. and partner Lippo Group Ltd. each said they are still considering whether to appeal the decision by South Korea’s Ministry of...
Korean soldiers accessing gambling sites from bases
South Korean military officials said that 230 enlisted troops and low-ranking officers have logged onto online gambling sites while on base this year, up...
Korean cruise ship casinos likely to be foreigner-only
The government will move forward with legislation to govern the operation of foreigner-only casinos on South Korea-based cruise ships in a bid to help...
TV host sent to prison for gambling
A Seoul judge has sentenced Kim Yong-man, a prominent television host and comedian, to eight months in jail and two years' probation for illegal...
Paradise/ Sega JV acquires Incheon casino
A joint venture by a South Korean casino operator and Japanese gaming company has acquired the Paradise Casino Incheon in a step toward the...
Ho-backed Summit Ascent in Russia move
Summit Ascent Holdings Ltd. says it had entered into a preliminary agreement for a gaming resort development investment in Russia, with a deadline set...
Caesars and Universal rejected
The Ministry of Culture, Sport and Tourism said its review committee had rejected applications from Japan's Universal Entertainment Corp. and from a consortium that...
Illegal gambling overshadows legal forms
Illegal gambling turnover in South Korea is expected to reach 75 trillion won ($67.7 billion) this year, according to a report by the National...