Grand Korea Leisure released a business update indicating that the two-week closure of its two casinos in the Seoul metropolitan area, the Gangnam and Hilton casinos, will result in an estimated loss of sales in the range of KRW5.1 billion (US$4.6 million).
Home North Asia South Korea Grand Korea Leisure expects US$4.6 million loss from Seoul casino closures
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...
TRENDING ARTICLES
LWRC appoints new president
In a director’s meeting held on December 17, Edward Cheung Ngam Bun was appointed as president and director of Leisure & Resorts World Corporation....
Sands China team builds 40,000 hygiene kits
Macau -
Sands China volunteers and local community groups recently worked together at The Venetian to build 40,000 hygiene kits for Clean the World, an international social enterprise that provides hygiene supplies essential for good health to populations in need around the globe, helping prevent the spread of disease.
China passes law criminalizing targeting Chinese nationals to gamble
The Standing Committee of China's National People's Congress wound up its session in Beijing on Saturday, passing Amendment XI to its criminal law, which brings into effect stiff penalties for gambling.
Asia Gaming Briefings – Dec 2020 Edition
Macau -
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
Macau -
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.