South Korea
Incheon to expand with Yeongjong resort cluster
Incheon City is planning to expand its culture and tourism industry, through the expansion of its casino cluster as part of the Yeongjong-do Integrated...
Landing chairman files writ against alleged receivers
Landing International Development said its Chairman Yang Zhihui has filed a writ against two individuals who claim they are acting as receivers for a 50.48 percent stake in parent company, Landing International Ltd.
Mohegan teams with Hanwha for Korea IR
Mohegan Gaming and Entertainment says it has teamed up with South Korean conglomerate Hanwha Corp to build its Project Inspire resort.
Paradise Nov. sales rise 31.6 percent
Paradise Co., which operates foreigner-only casinos in South Korea, reported a 31.6 percent gain in November sales, driven by table games.
Grand Korea Leisure reports strong November sales
Grand Korea Leisure, which operates three domestic foreigner-only casinos, reported an 8 percent year-on-year boost in net sales for November to almost KRW45 billion (about US$38 million).
Inspire Korea comes into clearer focus
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.
South Korea’s casino operators see varying results in Q3
South Korea’s only locals-permitted casino, Kangwon Land, reported positive results in 19Q3, driven by an uptick in sales, though its foreigner-only peers saw mixed...
Caesars evaluating spend in Korea project: CFO
Caesars Entertainment Corp CFO Eric Hession said the company is “currently evaluating” its spend for its Korea IR project, named “Caesars Korea”.Hession made the...
Paradise Oct. GGR gains 15.4%
Paradise Co. said gross gambling revenue rose 15.4 percent in October from the same period a year earlier, led by strong growth in gaming machines.
KRA hopes to introduce online racing betting
The Korea Racing Authority has launched efforts to introduce online horse racing betting in the country, in the hopes of limiting illegal online betting.According...
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Nagasaki to choose its IR operator partner in autumn 2020
Nagasaki Governor Hodo Nakamura has told his prefectural assembly that his administration plans to select its IR operator in autumn 2020.
Casino winnings taxation policy delayed until next year
Some lawmakers have grown concerned that the proposed policy on the taxation of casino winnings is too heavy-handed, and a settlement of the issue has been delayed until next year.
Ted Chan: Reflecting on the last 20 years of Macau gaming
Ted Chan, chief operating officer, Japan Development, Galaxy Entertainment
1) When did you first arrive in Macau and in what capacity?
I arrived in Macau in...
