Paradise City in Incheon and Kangwon Land in Gangwon Province have separately announced that they are extending closures of their casino business due to the spread of Covid-19 infection in South Korea.
Since the beginning of September, a total of six Covid-19 infections have been discovered at Paradise City, complicating the firm’s efforts to reboot its business after the closures earlier in the year.
On the 4th, the company announced that its hotel facilities would be closed until September 9 and its foreigner-only casino, where two of the infected employees worked, will be closed for an indefinite period.
“This decision is a preemptive measure for the safety of customers, employees, and local residents. We plan to close our business sites and to expand the scope of inspections in consultation with the quarantine authorities,” a company executive explained.
Meanwhile, Kangwon Land has indicated that it is extending its own Covid-19 related casino closure until September 21.
The latest closure commenced on August 23, and it followed a long closure between February 23 and July 20. Among South Korea’s large casino operators, Kangwon Land has spent the most time closed this year due to Covid-19. It has the only casino in the nation open to South Korean nationals.
Lotte Tour Development’s hopes of gaining quick approval to open the Jeju Dream Tower casino have been frustrated as the Jeju Provincial Council has delayed a decision, opting instead to investigate accusations by a local anti-casino group that the earlier public opinion surveys may have been manipulated.
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.