South Korea
Landing 2020 revenue down, but locals fuel H2 recovery
Landing International said its foreigner-only integrated resort in South Korea generated positive revenue in the second half of the year after it switched its focus to marketing to locals.
Macau, Korea extradition agreement in force as of Mar 31
The Macau government on Wednesday announced that its mutual extradition agreement with South Korea has come into force, which will allow one country to extradite a fugitive from the other for local prosecution.
Lee Sam-Geol assumes post as Kangwon Land CEO
Former Second Vice Minister of Public Administration and Security Lee Sam-Geol has been approved by shareholders to assume the post of CEO of Kangwon Land.
Jeju Dream Tower violated store size regulations
Lotte Tour Development has now acknowledged that some of its shopping facilities within Jeju Dream Tower are larger than regulations permit, but pledged to be more careful in the future.
New Silkroad faces “arduous” business prospects in Jeju
Hong Kong-listed New Silkroad Culturaltainment, which operates the MegaLuck Casino at Jeju’s KAL Hotel, has described the ongoing impact of the Covid pandemic as being “arduous.”
R&F Properties sacks workers at Midan City project
Chinese developer Guangzhou R&F Properties has reportedly sacked about 30 employees who had been working on the site of Midan City Resort Complex in South Korea. R&F is now the sole owner after Caesars Entertainment sold its stake in January.
Paradise Co. brings in a new CEO
According to a stock market filing, Paradise Co. has replaced CEO Park Byung-ryong with a new executive leader, Sungwook Choi, who has now been installed by the board of directors.
Jeju Dream Tower casino approved by provincial council
Approval for the opening of the LT casino at the much larger premises of the Jeju Dream Tower has been granted by a plenary session of the Jeju Provincial Council on a majority vote. Police investigations of the possible manipulation of public opinion surveys are ongoing. The final decision rests with the governor.
Jeju Dream Tower casino gets council nod
Jeju Dream Tower is one step closer to getting a casino after the local council approved its request to transfer an existing license to the new property.
Jeju council moving forward with Dream Tower casino approval
The Standing Committee of the Jeju Provincial Council has unexpectedly approved Lotte Tour Development’s request for approval of the Jeju Dream Tower casino in spite of the ongoing police investigation of allegations that public opinion surveys may have been manipulated.
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.