Location: South Korea
Developer of massive new South Korean economic hub pushing to include IR with 3,600-room hotel and casino
South Korea’s Saemangeum Development Corporation (SCDO), the company behind a massive 409-square kilometer economic hub land-reclamation... more
Here’s how the Mohegan Tribe lost a billion-dollar casino in South Korea
The Mohegan Native American tribe spent $1.6 billion and almost a decade building a gambling venue near Seoul with three five-star hotels,... more
Korea’s tourism surge expected to continue but no sign of casino stocks responding in kind
The share prices of South Korea’s listed foreigner-only casino companies have hit 12-month lows over the past week, reflecting deeply... more
South Korea reviews whether Polymarket is illegal gambling
The Korea Communications Standards Commission is reviewing Polymarket amid concerns the service could constitute illegal gambling under... more
Paradise Co’s casino revenues plummet almost 40% year-on-year to US$33 million in March
South Korea’s Paradise Co saw its casino revenue sales plummet in March, down 39.6% year-on-year and 44.0% month-on-month to KRW49.5... more
‘Squid Game’ creator’s new Netflix series is a casino crime drama
How do you follow up the biggest Netflix show ever? You double down. Hwang Dong-hyuk, the creator of “Squid Game,” has set his next series... more
Mohegan working to resolve all remaining financial links to Korea’s INSPIRE
US tribal casino operator Mohegan says it is looking to resolve all remaining financial links to Korean integrated resort INSPIRE after its... more
South Korean police bust $15 million illegal gambling rings run from converted internet cafés
South Korean police in the city of Jeju have dismantled an organized crime network running illegal online gambling operations aimed at... more
Mohegan recognizes $77.6 million gain after losing operational control of Korean resort INSPIRE
US tribal gaming operator Mohegan Tribal Gaming Authority has confirmed it is still in discussions with Bain Capital – the main lender who... more
Casino revenue at Grand Korea Leisure up 12% month-on-month to US$28 million in July
Foreigner-only casino operator Grand Korea Leisure (GKL) continued its recent surge in July, with casino revenue more than doubling... more
