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Gambling News - 'South korea'
Industry
November 21, 2023
South Korea Struggles to Treat the Rising Number of Young iGaming Addicts
South Korea is seeing a concerning rise in gambling among teenagers. While iGaming is strictly prohibited in the country, young players often find ways to circumvent the rules and restrictions. Unfortunately, the rise of online gambling among younger players also means that addiction treatment institutions are struggling to provide services to all affected players. In […]

Casino
September 12, 2023
Mohegan Inspire Complements $5 Billion Resort Opening with Key Leadership Changes
Mohegan Inspire, a groundbreaking resort project by the Mohegan Tribe, is set to redefine luxury and entertainment in Incheon, South Korea. As the $5 billion project approaches its eagerly awaited opening, it has unveiled an updated leadership team, bringing a wealth of experience to ensure the success of this ambitious venture. Experienced Leadership Is Vital […]

Casino
May 16, 2023
Light & Wonder to Provide Mohegan Inspire with Systems
As a result, Light & Wonder and Mohegan Inspire Entertainment Resort in Incheon, South Korea have entered a new systems agreement that will allow the land-based venue to strengthen its operations and provide gamblers and guests with unmatched gaming experience. Light & Wonder Brings Slots and Electronic Tables This will include the installation of Light […]

Legal
April 7, 2023
South Korean Students Bullied a Classmate for Gambling Money
South Korea has a problem with youth gambling. Unfortunately, the matter seems to only get worse as some minors have begun stealing to fuel their habits. Gambling-related crime is nothing new and, unfortunately, is a prevalent problem. Throw in some minors into the mix and you get a recipe for disaster. Recent reports show that […]

Casino
April 4, 2023
South Korea’s Foreigner-Only Casinos Record Impressive Profits
Surging economic growth appears to be the theme across many popular Asian gambling destinations, as Macau also recorded a sharp rise in revenue. Its slow recovery after the COVID pandemic allowed other gambling hubs like Korea to flourish, challenging the Chinese territory’s previously undisputed regional monopoly. The Region Suffered Tremendously during the Pandemic Korea and […]
Casino
February 24, 2023
Mohegan Provides $120M to Its Inspire Project
The Mohegan Tribal Gaming Authority released an update on its in-development South Korean resort. Inspire Integrated Resort, which will see its parent company expand internationally, will receive further financial backing needed for its completion. As announced, on February 16 Mohegan executed an Equity Commitment Letter and agreed to make certain non-dilutive equity capital contributions to […]

Casino
February 10, 2023
Mohegan Plans to Introduce Non-Gaming Inspire Korea IR Offer in 2023
The Inspire Korea IR developed by Mohegan Gaming & Entertainment should be able to open ahead of its original schedule, and a non-gaming offering should already be available before the end of 2023, the company confirmed during its latest earnings call, summing up the results for the fourth quarter. Tourism Big Focus of Upcoming Project […]
Casino
November 15, 2022
South Korea Awaits Extradition of Suspect Linked to $13.4B Landing Casino Theft
South Korean authorities have been able to relaunch the investigation into the theft of $13.4 million (KRW 14.6 billion) worth of cash from Jeju’s Landing Casino following the arrest of one of the suspects in Dubai. This is the latest win for South Korea’s prosecutor’s office and law enforcement which cast a wide net to […]
Casino
November 8, 2022
Agilysys to Supply Mohegan with Hospitality Solutions
Agilysys, the company behind what it claims to be the “broadest integrated hospitality software portfolio,” has inked an agreement with a Mohegan-owned casino. Under the deal, the software specialist will supply the Mohegan Tribe’s property in Korea with its proprietary hospitality systems. Agilysys will Power Mohegan Inspire The Mohegan Inspire Resort is still in the […]
Industry
September 15, 2022
South Korea: Third Incheon IR in Limbo, Developer Seeks Investor
The construction of a new integrated resort located in Incheon, South Korea has been delayed for more than two years now. According to a new report, the current developer is looking for a new company to partner with and invest in the project to help its completion. RFKR Reportedly Looks for New Investor to Help […]