Friday, August 12, 2022

Latest

Title image
Inspire Korea comes into clearer focus

2019-11-14

Mohegan Gaming & Entertainment’s plans for its Inspire Korea IR in Incheon are coming into much clearer focus, especially after CEO Mario Kontomerkos outlined his firm’s vision to Korean journalists earlier this month.

Title image
China firm plans $4.5b Incheon IR

2018-02-19

LongRunn International, a Chinese real estate and resorts developer, has reportedly agreed to construct a $4.5 billion property near the Incheon Inter

Title image
Cruise ship terminal earmarked for Incheon

2017-09-12

A new cruise ship terminal is set to be built just 5km from Incheon International Airport, with the aim of boosting passenger traffic to the airport a

Title image
First IR seeks to inspire lukewarm market

2017-03-15

South Korea’s first true integrated resort is expected to open on April 20, although concerns remain about the potential for growth in the foreigner-only market. When Paradise Group and Japan’s Sega Sammy open their KRW1.3 trillion ($1.1 billion)...

Title image
Lippo officially exits South Korea JV

2017-03-13

Hong Kong-listed Lippo Limited has announced on Friday it has exited a joint casino project in Incheon, South Korea, according to a filing to the Hong

South Korea’s first IR to open April 20

2017-03-09

Paradise Co. and Japan’s Sega Sammy will open South Korea’s first integrated resort on April 20th on a 330,000 m2 site in Incheon, near the intern

Title image
Mohegan Sun ups non-gaming ante in South Korea

2016-11-02

U.S. tribal operator Mohegan Sun says design and permitting for its $5 billion integrated resort in South Korea is proceeding at a rapid pace, and the project is currently on schedule to break ground in 2017 and open in early 2020. 

Title image
Lippo Group considers withdrawing from Korea venture

2016-03-23

Hong Kong-listed Lippo Ltd is considering withdrawing from its proposed joint venture with US gaming company Caesars Entertainment Corp. to build a ca

Title image
NagaCorp, GKL pull out of Korea license auction

2015-11-10

Hong Kong-listed NagaCorp and Grand Korea Leisure said they will not participate in a bidding process for one of two integrated resort licenses being

Title image
Korea green lights nine resort sites: Union Gaming

2015-08-27

Korea's Ministry of Culture, Sports and Tourism has selected 9 foreigners-only integrated resort sites for which the ministry will now conduct a reque

Title image
Lippo Ltd records sharp rise in profit for 2015

2015-06-29

Lippo Ltd, which is developing a resort in South Korea, recorded a sharp rise in profit attributable to shareholders of approximately HK$552.2 million

Title image
Grand Korea Leisure signs MOU for Incheon casino

2015-06-23

Grand Korea Leisure says it has reached an accord with Incheon International Airport to locate a casino on nearby land. The company signed a memorandu

Title image
Incheon and China's Macrolink agree to bid for casino license

2015-06-08

South Korea's City of Incheon and China's Macrolink Group signed an agreement to bid for a license to develop a casino resort in the city, according t

Title image
Paradise net profit down 20.5 percent in 15Q1

2015-05-09

South Korean casino operator Paradise Co. Ltd reported a decrease of 20.5 percent in net profit for the first quarter of 2015 to KRW40.5 billion ($37.

Title image
Mohegan Sun proposes $5 billion casino project in South Korea

2015-04-20

The operator of the U.S. Mohegan Sun casino announced that it has partnered with South Korea's largest airport in a proposal to build a $5 billion cas

Melco says foreigner-only policy a deterrent in South Korea

2015-02-02

Melco Crown Entertainment co-chairman Lawrence Ho said South Korea’s policy of restricting access to locals means the company is not placing a high

South Korea’s Paradise 2014 GGR rises 3.8 percent

2015-01-09

South Korea’s Paradise Co. posted a 3.8 percent gain in 2014 gross gambling revenue to 591,267 billion Korean won ($541.6 million).. Table sales w

Lippo/Caesars consortium buys land for Korea casino

2015-01-02

A consortium made up of the Lippo group and Caesars Entertainment said they have agreed to buy plots of land in Incheon, South Korea for $95.9 millio

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

3rd party / Cookies
Show settings
Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief