Sunday, January 19, 2020
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Paradise Group and Sega Sammy plan $1.7 Billion Resort in Incheon

Paradise Group and Sega Sammy are planning to build a $1.7 billion luxury resort in Incheon, near the capital Seoul. The venture aims to...

New bidding process for foreigner only casinos

The Ministry of Trade, Industry and Energy in South Korea has said that it will release a comprehensive plan to revise current regulations concerning...

Lippo consortium in talks with Korean authorities over IR

In an announcement to The Stock Exchange of Hong Kong on Monday, Lippo Group, a joint venture partner with Caesar's Entertainment in a consortium...

Dispute grounds Chinese casino cruise ship in Korea

Following a petition by Chinese company Jiangsu Shagang, Jeju authorities impounded a cruise ship, the MS Henna, owned by another Chinese company HNA Cruise....

‘Pension lottery’ sales fall by half in South Korea

Sales for South Korea's so-called "pension lottery", which pays out in installments over 20 years instead of in a lump sum, fell 48.1 percent...

Expansion gives little lift to Kangwon

Gaming revenues for Kangwon Land Inc., operator of the only South Korean casino that can admit locals, edged up only 1 percent to 298...

Chinese VIPs bring up profits for Paradise

Casino revenues rose 19.7 percent for operator Paradise Co. to 127.66 billion won ($114.8 million). At its flagship Walker Hill casino in Seoul, revenues...

Grand Korea reports 2.1 percent rise in casino revenue

Casino revenues rose 2.1 percent for operator Grand Korea Leisure Co. to 129 billion won ($116 million) in the second quarter from the April-June...

Eightcity plan sinks

Incheon officials said the proposed $290 billion Eightcity mega-resort project had collapsed after hotelier Kempinski AG, a member of the development group, failed to...

Caesars and Lippo mull appeal options

  Caesars Entertainment Corp. and partner Lippo Group Ltd. each said they are still considering whether to appeal the decision by South Korea’s Ministry of...

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MOF to discuss future of Vietnam gaming industry

Nguyen Minh Tien, Deputy Director-General of the Ministry of Finance in Vietnam has joined the growing line-up of speakers set to speak at the...

NagaWorld gives in to strikers’ demands, ending walkout

NagaWorld hotel and casino quickly gave in to strikers’ demands, with the roughly 3,000 workers returning to their jobs on Saturday.

SG court upholds arbitration ruling, favoring ex Solaire manager

The Singaporean High Court has dismissed a petition filed by Bloomberry Resorts against Global Gaming Philippines, which accused the company of committing fraud and...

Specialty slots and proven progressives

Konami Gaming, Inc. has announced a significant lineup of compelling new cabinets and popular progressive series at the 2020 ICE London event in London. More...

Spotlight on the illegal transportation of fighting birds

Animal Wellness Action has published a report alleging that a massive illegal transportation scheme brought thousands of fighting birds to Guam for years, undetected or ignored by the local authorities.