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Casino
August 12, 2022
South Korean Police Busts Major Illegal Online Gambling Scheme
The South Korean police busted an intricate scheme of illegal online gambling websites that have been operating for years catering to the gambling cravings of foreigners in a country where online gambling is banned. 11 People Were Arrested Initially, the South Chungcheong Province police captured 17 people but only 11 were arrested. Allegedly these individuals […]
Casino
July 1, 2022
S. Korea Travel Policies to Not Immediately Benefit GKL
GKL, an operator running three foreigner-exclusive casinos in South Korea, spoke with GGRAsia about how travel laws will affect its business. According to the casino company, the recently-eased restrictions will not immediately help its business pick up. Visa Issuing Still Takes a Long Time Two days ago, the Ministry of Justice of South Korea announced […]
Casino
June 27, 2022
Jeju Casinos May One Day Offer Online Gambling
South Korea has had a reputation for hosting foreigners who wish to gamble. To this end, Jeju, a popular casino destination within the country, is now trying to figure out if in light of a global pandemic, enabling online gambling would make any sense. COVID-19 has impinged on results, and while Macau is now going […]
Legal
June 22, 2022
South Korea: Dozen Ex-casino Workers Charged in $3.5M Scam
A dozen people, who used to work for a casino in South Korea are facing criminal charges over their involvement in a $3.5 million scam, a new report reveals. Investigation Uncovers $3.5 Million Scam The criminal charges are related to allegations of crimes dating back to 2017. Overall, 12 people, formerly employed by Daegu Casino, […]
Legal
May 3, 2022
Golden Crown Casino in Daegu Investigated for Fraudulent Operations
Golden Crown Daegu Casino is being investigated by South Korean authorities on suspicion of manipulating games and defrauding its customers, according to local media website Breaknews. Casino License under Threat Golden Crown Casino at Hotel Inter-Burgo in Daegu Metropolitan City, the third-largest urban agglomeration in Korea after Seoul and Busan with over 2.5 million residents, […]
Casino
March 15, 2022
South Korea Relaxing Travel Measures, Health Protocols in Place
South Korea is moving forward with suspending the majority of COVID-19 travel restrictions, albeit with a few caveats. The country prepares to welcome tourists back starting from March 21, but this will come with its own requirements, including the fact that any inbound traveler must be fully vaccinated against COVID-19. The new travel requirements were […]
Business
January 12, 2022
MegaLuck Casino in Jeju, South Korea May Be Out of Luck
Jeju Island in South Korea was once a hotbed for casinos. This is currently not the case because of COVID-19. Several small entities have folded and another is about to be added to the list. GGRAsia reports that, according to a letter that was sent by the Jeju KAL Hotel to a labor union, the […]
Business
December 29, 2021
GKL to Relocate Millennium Hilton Seoul Casino to Seoul Dragon City
A casino operator in Seoul, the capital of South Korea, is moving one of its venues to another location to facilitate the disposal of its previous site that was sold to a third party earlier this month, GGRAsia reported. New Site Lease Secured Grand Korea Leisure (GKL), a subsidiary run through the Korea Tourism Organization […]
Industry
December 3, 2021
South Korea Implements Inbound Travel Quarantine Due to Omicron
South Korea has been forced to reintroduce travel quarantine requirements. These rules apply to all South Korean citizens and cover all arrivals between December 3 and December 17. Omicron Starts to Cause Disruptions As the Omicron COVID-19 variant begins to be reported in South Korea, the 10-day quarantine is being implemented. Five cases were reported […]
Casino
November 29, 2021
MGE’s IR in South Korea Secured Phase 1 Development Funds
Mohegan Gaming & Entertainment (MGE), the business arm of Connecticut’s Mohegan Tribe, announced today its multi-billion integrated resort (IR) project in South Korea successfully raised its phase 1 funding. Phase 1 Funds Secured The $1.55 billion to be used in phase 1 of the INSPIRE Entertainment Resort on Yeongjong Island in Incheon, South Korea will […]