Saturday, June 25, 2022

Kangwon Land extends casino closure to Feb 29

Kangwon Land has further extended the closure of its casino resort - to 6 am Saturday (February 29).

The casino operator originally planned to only close for 24 hours on Sunday, but later extended this to Wednesday, February 26. 

Kangwon Land said the shutdown was put in place to help the country curb the spread of the coronavirus. 

The company has also revised its projected loss for the closure period and says it now expects a loss of KRW22 billion (US$18.1 million).

Kangwon Land is the only casino resort in South Korea that allows locals to gamble. 

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

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