Archive

_2022-02-14
Guangzhou R&F has requested another extension of the deadline to finish its integrated resort in Incheon, South Korea and has pledged to increase its investment by more than five percent.

_2022-02-11
Mohegan Gaming & Entertainment’s INSPIRE Entertainment Resort has teamed with the Luxury Business Institute Korea to develop a high-end retail strategy for the development. 

_2022-02-11
Grand Korea Leisure has reported a wider 2021 loss as sales dropped by more than half from the already Covid-hit prior year.

_2022-02-10
Kangwon Land, which operates the only casino in South Korea where locals can gamble, reported an 84.4 percent increase in 4Q21 revenue, with gaming sales steadily increasing throughout the year.

_2022-02-09
Mohegan Gaming & Entertainment said it has restarted work on its Project Inspire resort in South Korea after completing financing in November of last year.

_2022-02-07
Paradise Co., which runs four foreigner-only casinos in South Korea, reported a 39 percent drop in casino sales in January from the prior month.

_2022-02-07
Kangwon Land said its board has approved a plan to invest KRW28.4 billion ($23.7 million) on expanding its casino area to allow greater distancing between customers.

_2022-02-04
Grand Korea Leisure said its January net sales fell 4.1 percent from the prior month, as a gain in revenue from the Seoul Hilton Casino failed to offset declines at its other properties. 

_2022-01-31
South Korea’s foreigner-only casinos suffered another year of pain in 2021 with no meaningful reprieve in sight, triggering authorities on the island of Jeju to search for a lifeline for the industry.

_2022-01-14
Guangzhou R&F Properties and its unit R&F Properties (HK) have had their issuer default rating cut to "restricted default" following a debt exchange offer.

_2022-01-14
South Korea has raised the cap on the number of people who can meet in private gatherings, while extending its other social distancing measures for a further three weeks.

_2022-01-09
Grand Korea Leisure has extended the closure of its Seven Luck casino in Gangnam, Seoul, until Monday following an incident of Covid amongst its staff.