The Latest in south korea
Casino
November 15, 2022
South Korea Awaits Extradition of Suspect Linked to $13.4B Landing Casino Theft
South Korean authorities have been able to relaunch the investigation into the theft of $13.4 million (KRW 14.6 billion) worth of cash from Jeju’s Landing Casino following the arrest of one of the suspects in Dubai. This is the latest win for South Korea’s prosecutor’s office and law enforcement which cast a wide net to […]
Casino
November 8, 2022
Agilysys to Supply Mohegan with Hospitality Solutions
Agilysys, the company behind what it claims to be the “broadest integrated hospitality software portfolio,” has inked an agreement with a Mohegan-owned casino. Under the deal, the software specialist will supply the Mohegan Tribe’s property in Korea with its proprietary hospitality systems. Agilysys will Power Mohegan Inspire The Mohegan Inspire Resort is still in the […]
Industry
September 15, 2022
South Korea: Third Incheon IR in Limbo, Developer Seeks Investor
The construction of a new integrated resort located in Incheon, South Korea has been delayed for more than two years now. According to a new report, the current developer is looking for a new company to partner with and invest in the project to help its completion. RFKR Reportedly Looks for New Investor to Help […]
Casino
August 12, 2022
South Korean Police Busts Major Illegal Online Gambling Scheme
The South Korean police busted an intricate scheme of illegal online gambling websites that have been operating for years catering to the gambling cravings of foreigners in a country where online gambling is banned. 11 People Were Arrested Initially, the South Chungcheong Province police captured 17 people but only 11 were arrested. Allegedly these individuals […]
Casino
July 1, 2022
S. Korea Travel Policies to Not Immediately Benefit GKL
GKL, an operator running three foreigner-exclusive casinos in South Korea, spoke with GGRAsia about how travel laws will affect its business. According to the casino company, the recently-eased restrictions will not immediately help its business pick up. Visa Issuing Still Takes a Long Time Two days ago, the Ministry of Justice of South Korea announced […]
Casino
June 27, 2022
Jeju Casinos May One Day Offer Online Gambling
South Korea has had a reputation for hosting foreigners who wish to gamble. To this end, Jeju, a popular casino destination within the country, is now trying to figure out if in light of a global pandemic, enabling online gambling would make any sense. COVID-19 has impinged on results, and while Macau is now going […]
Legal
June 22, 2022
South Korea: Dozen Ex-casino Workers Charged in $3.5M Scam
A dozen people, who used to work for a casino in South Korea are facing criminal charges over their involvement in a $3.5 million scam, a new report reveals. Investigation Uncovers $3.5 Million Scam The criminal charges are related to allegations of crimes dating back to 2017. Overall, 12 people, formerly employed by Daegu Casino, […]
Legal
May 3, 2022
Golden Crown Casino in Daegu Investigated for Fraudulent Operations
Golden Crown Daegu Casino is being investigated by South Korean authorities on suspicion of manipulating games and defrauding its customers, according to local media website Breaknews. Casino License under Threat Golden Crown Casino at Hotel Inter-Burgo in Daegu Metropolitan City, the third-largest urban agglomeration in Korea after Seoul and Busan with over 2.5 million residents, […]
Casino
March 15, 2022
South Korea Relaxing Travel Measures, Health Protocols in Place
South Korea is moving forward with suspending the majority of COVID-19 travel restrictions, albeit with a few caveats. The country prepares to welcome tourists back starting from March 21, but this will come with its own requirements, including the fact that any inbound traveler must be fully vaccinated against COVID-19. The new travel requirements were […]
Business
January 12, 2022
MegaLuck Casino in Jeju, South Korea May Be Out of Luck
Jeju Island in South Korea was once a hotbed for casinos. This is currently not the case because of COVID-19. Several small entities have folded and another is about to be added to the list. GGRAsia reports that, according to a letter that was sent by the Jeju KAL Hotel to a labor union, the […]