At an emergency meeting on Thursday, executives of Kangwon Land decided that the reopening of the facility would be pushed back another week until July 6.
Executives judged that the risks of a new Covid-19 outbreak remains unacceptably high.
Operations at Kangwon Land were originally suspended on February 23, and in recent months many reopening dates have been announced, only to be pushed back again and again.
As South Korea’s only casino that allows Korean nationals to gamble, some of its patrons can be expected to travel from Seoul and other major population centers where the pandemic has not been fully controlled.
The Philippines government has decided to keep the current quarantine restrictions in Metro Manila in place and expanded the curbs to neighboring Bulacan, Rizal, Laguna and Cavite provinces for 14 days in a bid to suppress a surge in coronavirus infections.
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.
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.