Tag Archives: Korea
Korea – Kangwon Land installs 68 slots from Novomatic
Korean casino Kangwon Land has installed 68 Novomatic gaming machines further augments the casino’s international approach in terms of gaming technology. State-of-the-art gaming equipment from Austria has long been a part of the gaming offer on the casino floor. Friendly business relations go back to 2009, and over the years, the casino has regularly stocked…
Korea – Paradise City hits ‘record high’ due to Chinese and Japanese gamblers
South Korean casino Paradise City reached ‘a record high’ in the three months to June 30 with casino revenue at the Incheon resort up 61.5 per cent in the second quarter to KRW86.35bn due to improved gambling spend by Chinese and Japanese gamblers. Drop increased by 33 per cent year-on-year to a record KRW1.85tn thanks…
Philippines – Bloomberry and Solaire reach new highs with higher revenues across the board
Bloomberry Resorts saw each of its revenue segments grow at its Solaire Resort & Casino in the Philippines and its Jeju Sun Hotel & Casino in Korea) pushing it to its highest levels of EBITDA and net profit since its flagship property Solaire opened in March 2013. Both EBITDA and net profit growth were supported…
South Korea – Chinese ban continues to affect Korea’s casino revenues
GGR at Korea’s foreigner-only casinos dropped by 5.4 per cent to KRW1.2tn (US$1.1bn) in 2017 due to the ongoing effects of China’s ban on tour groups to Korea in March 2017. The National Gambling Control Commission (NGCC) said the fall was due to a drop in attendance at the country’s 16 foreigner-only properties which was…
Korea – Landing hits the heights in first five weeks of casino operation
Landing International has smashed its five weeks of operating the casino at its Korean resort Jeju Shinhwa World with GGR reaching HK$650m (US$82.8m). Rolling chip volume came in at HK$16.2bn for the quarter although the casino’s figures were only relevant from its opening on February 25 to the end of the financial quarter on March…
Korea – Korean casinos report growth in January and February
The Korea Casino Association has reported that Korea’s 16 foreigner-only casinos are finally returning back to growth following political unrest between China and South Korea last year. Whilst Chinese visitors continued to fall due with declines of 3.2 per cent in January and 5.2 per cent in February, more visitors from Japan and Taiwan saw…
Korea – Paradise enjoying impressive growth in 2018
South Korean casino operator Paradise Company managed to increase its revenues by 33.9 percent year-on-year in March, with GGR coming in at KRW52.19bn (US$49.5m). The foreigner-only casinos saw table revenue increase by 35.1 per cent year-on-year in March to nearly KRW48.75bn whilst machine revenue increased by 18.9 per cent to KRW3.44bn. It’s been a good…
Korea – Weike completes Korean install of Infinity X
Weike Gaming Technology has installed 30 units of Infinity X slot machines with dragon bliss mystery link and slot management system in Alpensia Casino, located on the first floor of Holiday-Inn Resort Pyeongchang, Korea. “We are very proud to have our first installation in Korea in conjunction with our Korea distributor, Korea CCS Co., Ltd….
Korea – Interblock installs its first electronic table games in Korea
Interblock has installed the company’s first electronic table games in Korea at Golden Crown Casino Daegu with a 30-seat Stadium offering two live baccarat games and one automated roulette, providing players the opportunity to play up to three games simultaneously. “We are very proud to bring our first electronic table games to Korea with our…
