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 […]
Legal
November 25, 2021
Authorities Bust Illegal Gambling Ring Targeting South Koreans
Authorities have busted an illegal site that was targeting gamblers in South Korea and had ties with the Philippines. As the Yonhap News Agency reports, the website’s base of operations was a hotel-casino. As a result of the criminal ring, around 130 people in South Korea were taken into custody. Website Dismantled, Nine Arrested Even […]
Industry
November 18, 2021
South Koreans to Dominate Asia’s Tourism Industry and Gambling
Speaking on the Business Recovery of Macau Gaming panel at the MGS Summit this Wednesday, Aristocrat General Manager for Asia Lloyd Robson chartered a future in which South Korea will become a key market for gamblers as China continues to shut down gambling as a possible entertainment avenue at home and overseas. Yet, there are other factors […]
Industry
August 16, 2021
Former Big Bang Member Seungri Sentenced to 3 Years in Prison
A former K-pop star was sentenced to jail by a military court in South Korea for crimes among which are included illegal gambling at foreign casinos and arranging illegal sexual services. Soliciting Sexual Services Former member of boy band Big Bang Lee Seung-hyun, known as Seungri, was sentenced to three years in jail for arranging […]