Friday, August 12, 2022

Kangwon Land extends closure yet again to March 23


Kangwon Land has announced that it will yet again extend its closure until March 23 over concerns about the spread of Covid-19 infection in South Korea.

Kangwon Land originally suspended operations on February 23, but the period of closure has been repeatedly extended. As of Monday morning, there were 8,162 confirmed cases in the country and 75 confirmed deaths.

It appears that company management is now making a decision on the extension of its closure on a weekly basis.

The High1 Resort, a ski resort in Jeongseon, South Korea, owned by Kangwon Land, closed its doors on March 2 and has also had its closure extended until March 23.

The company is expected to take a serious financial hit over the closures, and, like other businesses, is unsure how much visitation will recover even after they reopen their doors.

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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