South Korea
Landing employee in Jeju disappears with pile of money
Landing International Development has issued a release informing investors that one of its employees in Jeju, South Korea, has disappeared, along with the KRW14.6 billion (US$13.4 million) that he or she was in charge of.
GKL extends casino closures to January 18
Grand Korea Leisure confirmed in a filing that it is extending the closures of all three of its casinos until the morning of January 18.
Jeju Dream Tower casino may open in March
According to a report in the South Korean media, Lotte Tour Development is targeting a March opening for its new casino in the recently-opened Jeju Dream Tower.
Jeju casino revenues in 2020 to be less than third of previous year
A report from the Bank of Korea has highlighted the dire economic situation faced by Jeju’s eight casinos, including an estimate that their combined sales for 2020 will come in at less than a third of the figure recorded in 2019.
South Korea casinos extend closures through the holidays
South Korea has lost control of its Covid-19 pandemic as never before, and this is triggering additional delays in casino reopenings.
Mohegan Gaming says project Inspire to open early 2023
Mohegan Gaming said its Project Inspire in South Korea is scheduled to open in early 2023 and it expects to close financing in early 2021.
Covid-19 resurgence forces new wave of travel curbs
As we head into the final days of 2020, Covid-19 is once again ramping up in Asia creating new challenges for travel and tourism and triggering a new wave of restrictions.
South Korea extends social distancing until January 3
South Korea said on Sunday it will extend social distancing measures introduced to try to curb the spread of the novel coronavirus pandemic for another six days, to Jan. 3 after reporting a further 970 cases on Saturday.
Hyatt announces opening of its hotel with the Jeju Dream Tower
Hyatt Hotels Corporation has announced the opening of the 1,600-room Grand Hyatt Jeju in South Korea, the largest Hyatt hotel in Asia Pacific. This hotel is part of the Jeju Dream Tower which opened on Friday.
South Korea visitors to drop to 32-year low
The number of visitors to South Korea is set to drop to a 32-year low in 2020, due to the impact of the pandemic. The number of tourists arriving Jan-Oct. slumped 83.6 percent.
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
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.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.