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GKL reports nearly US$80 million loss for full year 2020
Grand Korea Leisure has turned in its unaudited financial reports for the full year 2020, headlined by the fact that it had a consolidated operating loss of KRW88.8 billion (US$79.9 million) in the year of the coronavirus, a sharp reversal from the state-run company’s fortunes before the...
Jeju may call for casinos to upgrade community contributions
The eight casinos on Jeju island, South Korea, may soon be required to enhance their contributions to the local community as concerns have risen about their possible negative impacts on the region. On Monday, Representative Kim Hwang-Guk of the Jeju-do Council’s Culture, Tourism and Sports...
Paradise January sales reverse improving trend, drop 36.2%
Paradise Co. reported its casino sales in January declined 36.2 percent from the prior month, after seeing strong improvement in December. The company, which operates four foreigner-only casinos in South Korea, said total sales in the month were KRW27.28 billion (US$24.5 million), down from KRW42.7...most popular
Paradise Co. reported its casino sales in January declined 36.2 percent from the prior month, after seeing strong improvement in December. The company, which operates four foreigner-only casinos in South Korea, said total sales in the month were KRW27.28 billion (US$24.5 million), down from KRW42.7...
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Macau casinos too reliant on imported gaming equipment, lawmaker says
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...