Sunday, December 15, 2019
Home North Asia South Korea

South Korea

Incheon to expand with Yeongjong resort cluster

Incheon City is planning to expand its culture and tourism industry, through the expansion of its casino cluster as part of the Yeongjong-do Integrated...

Landing chairman files writ against alleged receivers

Landing International Development said its Chairman Yang Zhihui has filed a writ against two individuals who claim they are acting as receivers for a 50.48 percent stake in parent company, Landing International Ltd.

Mohegan teams with Hanwha for Korea IR

Mohegan Gaming and Entertainment says it has teamed up with South Korean conglomerate Hanwha Corp to build its Project Inspire resort. 

Paradise Nov. sales rise 31.6 percent

Paradise Co., which operates foreigner-only casinos in South Korea, reported a 31.6 percent gain in November sales, driven by table games.

Grand Korea Leisure reports strong November sales

Grand Korea Leisure, which operates three domestic foreigner-only casinos, reported an 8 percent year-on-year boost in net sales for November to almost KRW45 billion (about US$38 million).

Inspire Korea comes into clearer focus

Mohegan Gaming & Entertainment’s plans for its Inspire Korea IR in Incheon are coming into much clearer focus, especially after CEO Mario Kontomerkos outlined his firm’s vision to Korean journalists earlier this month.

South Korea’s casino operators see varying results in Q3

South Korea’s only locals-permitted casino, Kangwon Land, reported positive results in 19Q3, driven by an uptick in sales, though its foreigner-only peers saw mixed...

Caesars evaluating spend in Korea project: CFO

Caesars Entertainment Corp CFO Eric Hession said the company is “currently evaluating” its spend for its Korea IR project, named “Caesars Korea”.Hession made the...

Paradise Oct. GGR gains 15.4%

Paradise Co. said gross gambling revenue rose 15.4 percent in October from the same period a year earlier, led by strong growth in gaming machines.

KRA hopes to introduce online racing betting

The Korea Racing Authority has launched efforts to introduce online horse racing betting in the country, in the hopes of limiting illegal online betting.According...

TRENDING ARTICLES

Wakayama prefecture plans to purchase land of IR candidate site

The Wakayama Prefectural Government has reached an agreement to purchase the IR development candidate site at Marina City in the event that Wakayama wins its licensing bid at the central government level.

Hokkaido conservatives fail to unite behind IR bid

The clouds darkened over the prospects for a Hokkaido IR bid this week as the main conservative caucus in the Hokkaido Prefectural Assembly proved unable to coordinate a united stance after two days of talks.

Service industry will still reign, despite automation: Tourism official

The Philippines Tourism Ministry said it is optimistic that the country’s unique brand of service will continue to play a strong role in its...

Mark Brown resigns as IPI CEO

Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.

POGO workers required to hold IDs in January

The Philippines government will be issuing identification cards to all foreign POGO workers starting in January, in a bid to better monitor, tax and...