South Korea
Landing appoints non-exec. director to oversee theme parks/hotels
Landing International said it has appointed Huang Wei as a non-executive director to oversee the group's theme park and hotel operations.
Only two out of eight Jeju casinos currently open
Only two out of eight casinos are currently open on Jeju island in South Korea, which saw revenue from its foreigner-only properties drop 60 percent last year.
Paradise Co pilots AI serving robot
Paradise Hotel Busan has announced it is trialing an ‘AI Serving Robot’ to expand its non-face to face services to its food and beverage establishments.
Entertainment to be key draw for Mohegan’s Korea IR
Mohegan Sun is confident that its entertainment-centric business model will help it succeed in South Korea’s notoriously volatile foreigner-only casino market.
Pandemic clouds launch of Jeju Dream Tower Casino
Lotte Tour Development is celebrating what appears to be the initial success of its strategy in Jeju, but even with the local government checking off on the opening of the Jeju Dream Tower Casino, the Covid pandemic clouds its near-term prospects.
Korea a long-term positive for Mohegan, Moody’s says
Mohegan Sun's Inspire Entertainment Resort project in Incheon, South Korea, will be a long-term positive for the group, despite the risks, Moody's Investors Service said in a periodic review of the company's credit rating.
Jeju Dream Tower casino transfer get official approval
Hong Kong-listed Landing International has been given the official go-ahead to transfer its casino license from an existing hotel to its new property on Jeju Island, South Korea.
GKL casino sales reaches $5.8 million
Grand Korea Leisure Co Ltd saw its 21Q1 casino sales reach KRW6.46 billion, down 94.1 percent from the prior year period.
Paradise expected to post $13.3 million loss
South Korean casino operator Paradise Co is expected to record a consolidated operating loss of KRW14.9 billion ($13.3 million) in the first quarter of 2021, according to analysts from Shinhan Investment Corp.
Jeju casino sales fall 64 percent in 2020
Jeju’s foreigner-only casinos have seen a sharp 64 percent drop in sales, and a decrease of employees to the tune of 20 percent as a result of the coronavirus pandemic.
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.