Category: Games News
Japan extends expected integrated casino resort opening target
The government for Japan has reportedly revised the timeline for when the nation’s trio of integrated casino resorts could begin opening by a further five years to nearer the end of this decade.
According to a report from Inside Asian Gaming, the updated timetable was revealed during a joint sub-committee meeting that featured representatives from the Land, Infrastructure, Transport and Tourism Ministry some two months after the official start date for the casino license application period was delayed to October of next year. The source detailed that the co…
South Korea’s Kangwon Land Casino hit hard by COVID-19-related closures; reports US250 million loss in 2020
Feeling the sting from the impact of multiple COVID-19 related closures, Kangwon Land, South Korea’s only casino where locals are permitted to gamble alongside foreign tourists, has reportedly recorded a KRW275.88 billion (US$249.7 million) loss in 2020.
Repeat closures:
According to the report from Inside Asia Gaming, FY20 financial results for the Seoul-listed firm, Kangwon Land Incorporated, were released on Monday, the same day as the casino’s reopening following its latest two-month closure. It was the third temporary closure since Febr…