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2020-12-03
Grand Korea Leisure has been recognized by the Korea National Council on Social Welfare for the second consecutive year for its charitable contributions to the community.

2020-12-03
Paradise Co. has turned in its November sales figures, and they are quite grim. Casino net revenues for the month reached only KRW9.74 billion (US$8.9 million), down 85.4 percent from the previous November’s figure.

2020-12-02
Grand Korea Leisure has confirmed in a filing that its Busan Lotte casino has also suspended business in connection with the spread of Covid-19 infect

2020-12-02
It is not only its casino floor that has been disrupted by the Covid-19 pandemic, but also Kangwon Land’s diversification effort to build and sell its own brand of slot machines, KL Saberi, that is facing difficulties.

2020-10-08
Grand Korea Leisure has reported September sales at KRW9.4 billion (US$8.1 million), a figure that was down over 76 percent from the 2019 numbers.

2020-10-07
Kangwon Land, which has suffered long periods of closure under the impact of the Covid-19 impact, is now estimating that its casino revenues for 2020

2020-10-06
Paradise Co., which operates foreigner-only casinos in South Korea, saw an improvement in sales in September from the prior month, even though they were down 71 percent from the prior year.

2020-09-30
On Tuesday, about a thousand Lotte Tour Development employees were notified that they should prepare to show up at the newly-constructed Jeju Dream To

2020-09-23
Lotte Tour Development shareholders gave their consent on Monday for the company, established in 1971, to move its headquarters from Seoul to the soon

2020-09-23
South Korea’s National Pension Service has been reducing its stake in Grand Korea Leisure, a movement attributed to concerns that Covid-19 will exer

2020-09-23
Grand Korea Leisure and Kangwon Land, both of them government operated enterprises, have entered into an agreement on the limited exchange of personne

2020-09-17
When anyone mentions online gaming in Asia, one country used to come to mind as the primary target – China. 

2020-09-17
The Covid-19 pandemic may be a trigger for South Korea to rethink its foreigner-only casino policy, as the country’s casinos struggle with a lack of tourism revenue.

2020-09-08
Kangwon Land outperformed South Korea’s foreigner-only casinos in 2019, with turnover rising 5.8 percent compared with a drop of 10.9 percent for 16 other properties.

2020-09-08
South Korean civil society organizations are crying foul after it was revealed that the second-largest investor in Lotte Tour Development, soon expect

2020-09-07
South Korea’s Paradise Co. reported a 75 percent drop in August sales compared with the same month last year, though revenue was little changed from the prior month.

2020-09-07
Paradise City in Incheon and Kangwon Land in Gangwon Province have separately announced that they are extending closures of their casino business due

2020-09-04
New Silkroad Culturaltainment said its project to develop an IR on Jeju Island in South Korea remains stalled due to project finance delays.

2020-09-03
Grand Korea Leisure saw its sales drop again in August from the prior month after showing signs of a month-on-month improvement in July.

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