Saturday, December 5, 2020
Home North Asia South Korea

South Korea

Jeju Dream Tower Casino

Jeju debates measures to boost its casino industry

A seminar held at the Jeju Tourism Organization building offered a debate and a rich discussion about the best means of boosting the island’s casino industry, both in relation to the Covid-19 pandemic and in the face of its long-term challenges.
Jeju Dream Tower

One step backward, one step forward for South Korean gaming

It’s one step backward and one step forward for South Korea’s gaming industry this week or, in another framing, bad news in the north and good news in the south.

Seoul area casinos and racing limited to 20% capacity

Seoul area casinos and racing facilities are being limited to 20 percent capacity under tightened Covid-19 related social distancing rules. While most other social venues will have 30-50 percent capacity limits, a tougher standard is being imposed on gambling venues.

Kangwon Land exhibits its own line of slot machines

Kangwon Land invited a limited number of guests to an exhibition of its own slot machine manufacturing brand KL Saberi. At the event there were 22 slot machines on display representing nine different games.

Landing refutes union accusations regarding smoking at Jeju Shinhwa World

In its increasingly bitter dispute with the local labor union, Landing International has refuted claims by union leaders that it puts the health of workers at risk, noting that it complies with all labor laws and that a smoking ban inside the casino is now taking effect.

Mohegan reported to invest US$200million to restart Incheon IR construction

The Incheon Free Economic Zone Authority announced on Thursday that the Inspire Resort, which is to be foreigner-only casino resort project in Yeongjong Island incheon, has filed a foreign direct investment report of US$200 million.

Asia operator earnings give rise for recovery optimism

While the green shoots of recovery are still far from becoming a forest, the raft of earnings reports from Asia’s operators on Tuesday all gave grounds for optimism that recovery is taking root.

Kangwon Land sales jump 121% Q-on-Q, loss narrows

Kangwon Land, the only casino in South Korea open to locals, said its sales in Q3 rose 121% from the prior quarter and its loss narrowed, though both metrics were in sharp deterioration compared with the prior year.

Paradise Co Q3 loss narrows from prior quarter, op unit EBITDA positive

Paradise Co. said its quarterly loss narrowed to KRW31.9 billion won ($28.5 million) from the prior quarter when it posted a loss of KRW48.6 billion, while its Paradise operating unit turned EBITDA positive in the period.

GKL loses US$20.4 million in Q3

Grand Korea Leisure has reported a third-quarter net loss of KRW22.8 billion (US$20.4 million), swinging from a profit of KRW25.3 billion a year earlier.
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

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...

ASEAN Gaming Summit postponed to 2021 Q2

Given the continued uncertainty and travel restrictions due to the COVID-19 pandemic, Asia Gaming Brief has decided to postpone this year’s ASEAN Gaming Summit...

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.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

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.
Winning The Future Chinese Tourist

Winning the Chinese Tourist & China Tourism Blacklist

The AGB Webinar hears from Professor Wolfgang Arlt of COTRI, Shirley Tam of Okada Manila and Desmond Lam of UMAC to discuss future expectations...
Sigma Malta Show

SIGMA Malta

Sigma Malta Show

SIGMA Manila

Regulating the Game 2021

news, macau, gambling

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 20

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.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.