SÁB 18 DE MAYO DE 2024 - 13:05hs.
Paradise Co Ltd.

South Korean casinos operator began to reopen gaming venues

Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, has confirmed reopening the remaining three of its four gaming venues in that nation starting yesterday (April 20) following a near one-month pause amid the global crisis generated by the COVID-19. The company said its March revenues fell by 60.5% year-on-year to US$16.1 million. The country registered a total of 10,674 cases of coronavirus up to last Sunday.

Paradise Co reopened its Paradise Casino Jeju Grand on the island of Jeju last week, but has since reopened Paradise Casino in Incheon, Paradise Casino Walkerhill in Seoul and Paradise Casino Busan in Busan. The company said its March revenues fell by 60.5% year-on-year to US$16.1 million.

Also on Monday another foreigner-only casino operator, Grand Korea Leisure Co Ltd – an affiliate of the Korea Tourism Organization, South Korea’s official tourism agency – announced an extension until next May 6th of its temporary closure of that group’s three gaming venues.

Kangwon Land Inc, the promoter of Kangwon Land, the only casino resort in South Korea where the country’s nationals are allowed to gamble, has had its gaming facility shuttered since February 23. Last week it announced it had extended again the temporary closure of its gaming venue. It now says it will reopen at 6am on May 4.

South Korea confirmed 13 new cases of the COVID-19 infection on Sunday, according to data from the Korea Centers for Disease Control and Prevention. It brought the total number of infections in the nation up to that point to 10,674, including 1,006 cases classified as imported.

Source: GMB / GGR Asia