South Korea
Jeju Dream Tower casino licensing process to begin this month
Lotte Tour Development is reportedly planning to submit its application to license its casino within Jeju Dream Tower this month. The firm is aiming for a March opening.
Paradise Co. accused of pushing some employees into early retirement
Accusations have appeared in the Korean media alleging that Paradise Co, used some questionable tactics to encourage some employees into early retirement as part of the firm’s measures to reduce costs.
Police make arrest in Jeju casino heist
South Korean police have arrested one of three subjects sought in connection with the theft of about $13.3 million from Landing International's Jeju casino. The unidentified man was described as an employee of an agent company that attracts and manages casino customers.
Jeju union accuses Landing of unfair employee dismissals
The Jeju Tourism Service Union, LEK Branch of the Federation of Korean Trade Unions, is accusing Landing International of both inept and opaque management practices surrounding the major theft of cash as well as the unfair dismissal of four Jeju Shinhwa World employees.
GKL extends casino closures to February
Grand Korea Leisure has announced that it will be further extending the closure of its three casinos until February 1, making its pause in business activities a full two months.
South Korean police trace bulk of missing cash, track suspects
South Korean police say they believe they have located the bulk of the KRW14.56 billion ($13.3 million) missing from the Jeju Shinhwa World casino are are seeking three suspects.
Caesars Korea may lose its licence in March
Caesars Korea, a major IR development project in Incheon, may have its license canceled in March due to the long suspension of construction activities and the failure to meet various benchmarks and commitments.
Korea police find cash on Jeju, probing links to missing casino funds
South Korean police have discovered cash worth KRW8.1 billion ($7.4 million) at a resort on Jeju island and are trying to determine whether it is linked to a cash pile of KRW14.56 billion that went missing from Landing International's casino at Jeju Shinhwa World last week.
Kangwon Land installs new KL Saberi slots
Kangwon Land on Tuesday installed about a hundred new slot machines on its gaming floor from its own brand manufacturer, KL Saberi, including nine new titles.
Landing Jeju casino theft becomes major media story
It may not precisely be Ocean’s Eleven, but the theft from the casino at Landing International Development’s Jeju Shinhwa World has nevertheless captured the imagination of both the Korean domestic and the international news media.
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.