29.9 C
Macao
Monday, June 16, 2025
HomeNewsSouth KoreaKangwon Land gains approval to triple betting limits on Blackjack, Hold’em tables

Kangwon Land gains approval to triple betting limits on Blackjack, Hold’em tables

Kangwon Land, South Korea’s only casino accessible to local residents, has received government approval to significantly increase betting limits for mass gaming tables, marking another move in its broader strategy to enhance revenue and diversify table offerings.

The Ministry of Culture, Sports and Tourism officially accepted Kangwon Land’s proposed shifts to its casino business operations on May 20th, 2025.

The changes include an increase in maximum bets on two Blackjack tables and two Texas Hold’em Poker tables, from KRW100,000 ($71.9) to KRW300,000 ($215.7). The new limits for Blackjack will take effect on May 21st, while the revised poker limits are scheduled for implementation in early June.

This regulatory green light follows a similar approval less than a week ago, in which Kangwon Land was allowed to dramatically raise betting thresholds on two VIP baccarat tables. The minimum bet was raised from KRW50,000 ($35.9) to KRW500,000 ($359.5), and the maximum differential between “banker” and “player” bets soared from KRW2 million ($1,438) to KRW30 million ($21,570).

The latest move signals a shift toward higher-yield table configurations as the property looks to optimize its gaming floor mix and better cater to higher-stakes customers.

These changes come amid continued efforts by Kangwon Land to revitalize its gaming operations following post-pandemic recovery trends and growing domestic demand.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

MORE ARTICLES

FOLLOW AGB

daily newsletter
Asia Gaming News | AGB - Asia Gaming Brief
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.