Tag Archives: South Korea
South Korea – Landing International confident of getting stolen money back from Jeju theft
Landing International is hopeful that it will get back the KRW13.4bn (US$11.8m) stolen from its Jeju Shinhwa World casino in South Korea. The money, which was taken by a casino employee from a safe at Landing Casino, within its Jeju Shinhwa World, has been seized by police with several arrests being made. The company said:…
South Korea – Sportradar set to launch new OTT platform with K League
Sportradar and the Korea Professional Football League will launch a new OTT platform for the international market ahead of the 2021 season, which kicks off on 27 February. The platform, “K LEAGUE TV”, will have content in both English & Korean, a first for the K LEAGUE, and is looking to build on growing global…
South Korea – Reports suggests Caesars has pulled the plug on its Incheon investment
Caesars Entertainment has reportedly pulled out of the opportunity to develop its gaming brand in South Korea, disposing of its share in the foreigner only casino being built in the Incheon Free Economic Zone Authority (IFEZA) in South Korea with a three year delay now likely for the project’s completion. The COVID-19 pandemic disrupted the…
South Korea – Mohegan close to securing all the funding for Inspire Korea
Mohegan Gaming & Entertainment is ‘optimistic’ it will secure the financing needed to complete the $1.6bn build of its Inspire Korea Korean integrated resort project within the next quarter, adding that it will fast track $200m earmarked for the second phase of the project to use for the first. Having put up US$300m of its…
South Korea – Jeju Dream Tower aiming to launch casino gaming by March
Lotte Tour Development Co is now looking to launch its casino at Jeju Dream Tower by March. It will apply for a permit before the end of January to relocate its foreigner-only casino at the Lotte Hotel Jeju to Jeju Dream Tower. The US$1.4bn development that opened on December 18 2020 without cutting the ribbon…
South Korea – Seoul casinos forced to shut up shop again as infections rise
Having recently had their capacity limits further reduced, casinos in the South Korean capital city of Seoul have now been told to close for two weeks due to the rise in COVID-19 infections. The Seoul Metropolitan Government has increased the city’s restrictions to Level 2 forcing the closure of Seoul’s four foreigner-only casinos; Grand Korea…
South Korea – Jeju Dream Tower to hold grand opening on December 18
South Korean tourism company Lotte Tour Development Co has confirmed the official grand opening of its new US$1.42bn casino resort, Jeju Dream Tower, will be held on December 18. Guests can now book rooms at the 1,600 suite Grand Hyatt hotel. Jeju Dream Tower is located in downtown Jeju, South Korea. Lotte Tour had initially…
South Korea – Capacity limits tighten in Seoul’s casinos following COVID spike
Casinos in the South Korean capital of Seoul have been told to reduce their attendance limits from 30 per cent to 20 per cent of their capacity. The move comes after the South Korean government upped the alert level to control the coronavirus pandemic following a recent increase in COVID-19 cases recorded in Seoul with…
South Korea – Kangwon Land forced to close for the second time
South Korea’s locals casino, Kangwon Land, has been forced to close again following national health guidelines on social distancing after a spike in coronavirus cases. It will be shut until August 29, marking the second closure this year between February 23 and May 8. It had been allowed to increase its daily attendance from 750…
