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Jeju Island Cracks Down on Korean Migrants Entering Foreigner-only Casinos

Jeju Island Cracks Down on Korean Migrants Entering Foreigner-only Casinos

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 [...]

S. Korea’s First Casino Resort Set to Open More Entertainment Facilities

S. Korea’s First Casino Resort Set to Open More Entertainment Facilities

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 [...]

Sightline Payments Launches Connect+ at Hard Rock Online Casino

Sightline Payments Launches Connect+ at Hard Rock Online Casino

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 [...]

Singaporean Wins Mega Jackpot at Incheon Casino

Singaporean Wins Mega Jackpot at Incheon Casino

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. [...]

Casino Industry’s Sales Improving from Increase in Japanese Visitors

Casino Industry’s Sales Improving from Increase in Japanese Visitors

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 [...]

Government Earned 62.5 Trillion Won through Gambling Industry

Government Earned 62.5 Trillion Won through Gambling Industry

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 [...]

Korea’s Most Lucrative Casino Breeds Gambling Addicts

Korea’s Most Lucrative Casino Breeds Gambling Addicts

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 [...]