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Business
December 29, 2021
GKL to Relocate Millennium Hilton Seoul Casino to Seoul Dragon City
A casino operator in Seoul, the capital of South Korea, is moving one of its venues to another location to facilitate the disposal of its previous site that was sold to a third party earlier this month, GGRAsia reported. New Site Lease Secured Grand Korea Leisure (GKL), a subsidiary run through the Korea Tourism Organization […]
Industry
December 3, 2021
South Korea Implements Inbound Travel Quarantine Due to Omicron
South Korea has been forced to reintroduce travel quarantine requirements. These rules apply to all South Korean citizens and cover all arrivals between December 3 and December 17. Omicron Starts to Cause Disruptions As the Omicron COVID-19 variant begins to be reported in South Korea, the 10-day quarantine is being implemented. Five cases were reported […]
Casino
November 29, 2021
MGE’s IR in South Korea Secured Phase 1 Development Funds
Mohegan Gaming & Entertainment (MGE), the business arm of Connecticut’s Mohegan Tribe, announced today its multi-billion integrated resort (IR) project in South Korea successfully raised its phase 1 funding. Phase 1 Funds Secured The $1.55 billion to be used in phase 1 of the INSPIRE Entertainment Resort on Yeongjong Island in Incheon, South Korea will […]
Legal
November 25, 2021
Authorities Bust Illegal Gambling Ring Targeting South Koreans
Authorities have busted an illegal site that was targeting gamblers in South Korea and had ties with the Philippines. As the Yonhap News Agency reports, the website’s base of operations was a hotel-casino. As a result of the criminal ring, around 130 people in South Korea were taken into custody. Website Dismantled, Nine Arrested Even […]
Industry
November 18, 2021
South Koreans to Dominate Asia’s Tourism Industry and Gambling
Speaking on the Business Recovery of Macau Gaming panel at the MGS Summit this Wednesday, Aristocrat General Manager for Asia Lloyd Robson chartered a future in which South Korea will become a key market for gamblers as China continues to shut down gambling as a possible entertainment avenue at home and overseas. Yet, there are other factors […]
Industry
August 16, 2021
Former Big Bang Member Seungri Sentenced to 3 Years in Prison
A former K-pop star was sentenced to jail by a military court in South Korea for crimes among which are included illegal gambling at foreign casinos and arranging illegal sexual services. Soliciting Sexual Services Former member of boy band Big Bang Lee Seung-hyun, known as Seungri, was sentenced to three years in jail for arranging […]
Industry
July 20, 2021
Former Caesars Casino Project in Midan City, South Korea Gets New Life
Everything seemed to be looking good for two new casino resort projects to come to South Korea, but then COVID-19 came in and ruined everything. Now, one of the projects, previously led by Caesars Entertainment, is coming back to life after its backers have found the money they need to fire up the construction equipment. […]
Casino
May 4, 2021
Landing Casino Safe Robbers Still on the Lam
Several months after $12 million was stolen from a VIP room safe at the Jeju Shinhwa World’s Landing Casino, authorities are now looking for two accomplices who have fled South Korea. Landing Casino’s Efforts to Retrieve $12m in Stolen Funds Continue Hollywood-inspired casino heists seldom work out well in real life, but this is not […]
Casino
January 5, 2021
Casinos in Seoul Will Remain Closed for Two More Weeks
The extension of the Seoul social distancing measures until January 17 was announced on Saturday. The measures require people in Seoul to maintain Level 2.5 distancing which is stricter than the one for the rest of the country, which will remain on Level 2. Level 2.5 Restrictions in Seoul until 17 January Level 2.5 means […]
Casino
December 28, 2020
Mohegan Gaming Faces Delay to South Korea’s Inspire Casino Resort Due to Covid-19
Inspire Entertainment Resort at Incheon, South Korea, is suffering due to Covid-19 pandemic, which has hit the global casino industry and has halted the construction of the Midan City resort, backed by Caesars and Inspire Resort. Mohegan Postpones Phase 1 of Inspire Project to 2023 US tribal casino operator Mohegan Gaming and Entertainment said that […]