JEJU, Jan. 22 (Korea Bizwire) — Jeju Island will conduct special monitoring on foreigner-only casinos from January 31 to February 24. The island will organize a team of experts to monitor eight casinos established for foreigners to verify if Korean migrants are taking proper steps to enter the casino. The island will also educate casino [...]
INCHEON, Sept. 13 (Korea Bizwire) – South Korea’s first casino and hotel complex Paradise City will open more entertainment and leisure facilities next week, its operator said Thursday. The 330,000-square-meter resort’s second round of opening will encompass a new boutique hotel, a spa, a club and a shopping arcade, according to Paradise Segasammy Co. “We [...]
LAS VEGAS, Aug. 3 (Korea Bizwire) — NRT Technology Corp. and Sightline Payments, LLC (together “NRT Sightline”) today announced that Hard Rock International, a global entertainment brand with numerous world-class casinos, hotels and cafes in its portfolio, has chosen Connect+™ as the payment gateway for its recently launched online casino in New Jersey. “NRT and [...]
SEOUL, June 9 (Korea Bizwire) – A Singaporean national won a mega jackpot of 884.8 million won (about US$800,000) at Paradise City, a foreigners-only casino in Incheon’s Yeongjongdo district, casino officials said Saturday. The winner, identified only as a 45-year-old Singaporean, made the fortune by playing various casino games early Friday evening, the officials said. [...]
SEOUL, Apr. 16 (Korea Bizwire) — Foreigners-only casinos are showing better sales this year after a big dip last year caused by China’s retaliation over a diplomatic row, industry data showed Monday. Sales in January and February reached 204.78 billion won (US$191.56 million), up 15.9 percent from the same period last year, according to the [...]
SEOUL, Mar. 21 (Korea Bizwire) — Foreigners-only casinos in South Korea have taken a big hit from the fallout of a diplomatic row between Seoul and Beijing over the deployment of an advanced missile defense shield here, industry sources said Wednesday. In March last year, China banned the sale of package tours to South Korea [...]
YEONGJONGDO, South Korea, April 20 (Korea Bizwire) – South Korea’s first casino and hotel complex was unveiled at a grand opening outside of Seoul on Thursday, as the country is struggling to cope with a dearth of Chinese visitors in the wake of a diplomatic row with its neighbor. Paradise City marked its official opening [...]
JEONGSEON, South Korea, April 14 (Korea Bizwire) – The number of voluntary bans to the Kangwon Land Casino – the only gambling venue that grants access to locals – is on a rapid rise. As part of the casino’s initiatives to curb gambling addiction, players can request a three-year ban. They can make up to [...]
SEOUL, April 12 (Korea Bizwire) – The government earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it through taxes, data showed Wednesday. The Korea Taxpayers Association analyzed records from the National Gambling Control Commission and found that the government collected approximately 31.55 trillion won in [...]
SEOUL, Sept. 30 (Korea Bizwire) – Gangwon Province’s Kangwon Land entertainment resort houses the only casino in Korea open to locals. The resort was established as part of a government plan to revitalize the dwindling economy in what was once a coal-mining area, following the restructuring of the coal industry in 1989. The casino opened [...]