South Korea
GKL profit down 6.9 percent in 2019
South Korean casino operator Grand Korea Leisure saw its profit fell 6.9 percent to KRW72.4 billion (US$61.2 million) in 2019.
In a regulatory filing, the...
Kangwon Land reports 12.7 percent gain in profitability for 2019
Kangwon Land, the casino and resort company based in Gangwon Province that uniquely allows locals to gamble, reported a full-year profit in 2019 up...
Influencing the outcome
Easy to implement and highly effective, influencer marketing is fast becoming an essential component of the online marketing toolbox, with as many as 65 percent of marketers having increased their influencer marketing budgets in 2019.
Paradise Co. January sales gain 28 percent
South Korea’s foreigner-only Paradise Co. has reported a 28.3 percent year-on-year sales increase for the month of January, totalling almost KRW72 billion (about US$60.5...
Grand Korea Leisure reports 58 percent jump in January net sales
Grand Korea Leisure has reported a nearly 58 percent jump in year-on-year net sales in January, lifted by its two casinos in Seoul in...
Japan clouds Korea’s IR-hub aspirations
South Korea wants to turn the area near Incheon International Airport into a version of Manila’s Entertainment City, but its vision is at risk from competition from Japan.
Paradise Co revenue up 23.4 pct in 2019
South Korea casino operator Paradise Co saw its casino revenues increase 23.4 percent year-on-year in 2019, reaching KRW 784.8 billion (US$673.1 million).
The increase in...
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.
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