Friday, April 26, 2019
Home North Asia South Korea

South Korea

Landing posts widened loss, but Jeju ops growing

Landing International Development reported a widened loss of HK$701.5 million (US$89.4 million) in 2018, mainly attributable to discontinued operations, increased expenses and depreciation charges...

Paradise City to open indoor amusement park this week

Paradise City, which is operated through a joint venture between Paradise Co. and Sega Sammy, plans to open an indoor family amusement park later...

New Silkroad swings to profit for 2018, casino business gains

New Silkroad swung to a profit in 2018 and posted an almost 60 percent gain in revenue on sales from its South Korean casino...

Fire breaks out at Paradise City casino

More than 280 tourists were forced to evacuate from the Paradise City casino in Incheon on Sunday after a fire broke out on the...

Landing COO steps down

Landing International Chief Operating Officer Jay Lee stepped down from his post at the Hong Kong-listed operator in January, according to the executive’s LinkedIn...

Korean TV stars quit over gambling scandal

Two cast members of South Korea's KBS reality show Two Days and One Night have resigned after being accused of involvement in gambling large...

New Silkroad gets green light for Jeju IR

New Silkroad Culturaltainment said one of its units has received permission to build an integrated resort on Jeju island, which the company said will...

Suncity, Paradise in talks over Busan venture

Hong Kong-listed junket, Suncity Group, said it has signed a memorandum of understanding with South Korea’s Paradise on a possible cooperation in the operator’s Busan casino.

Korean govt using “China-style” internet censorship, say critics

The Korean government has come under criticism after blocking hundreds of gambling and porn websites using a method described as “China-style internet censorship,” The...

Sports integrity, lack of understanding, pose risks for esports wagering

The stellar projections for esports revenue have whet the appetite of online wagering operators, though the absence of regulation, questions over sports integrity and lack of expertise mean widespread adoption in the gambling industry may be far away.

TRENDING ARTICLES

Aristocrat establishes local Macau company

Australian gaming supplier Aristocrat has established a new limited liability company in Macau, Aristocrat Technologies Macau Limited, created in order to comply with “changes...

Singapore allows $9 billion IR expansion, but raises taxes, entry fees

Singapore has allowed the first major expansion of its integrated resort industry since its two IRs began operating, involving S$9 billion ($6.65 billion) new...

South Shore says no formal accord reached on gaming at The 13

South Shore Holdings said it hasn’t yet reached a formal accord to operate gaming facilities at the ultra-luxurious The 13 Hotel, though a memorandum...

Venue manager charged for failing to identify problem gambler

A gambling venue manager in New Zealand has become the first person in the country to be charged with failing to identify a problem...

Konami turns to AI for casino management system

Konami Gaming has turned to Berkeley, California-based GamingAnalytics.AI for the delivery of an analytics platform to customers worldwide who are already utilizing its SYNKROS...