Published
Land-BasedCasinoFinancialIndustry

Kangwon Land main floor re-opening delayed

South Korean casino and resort Kangwon Land announced it will delay re-opening its main gaming floor. It’s the only casino where locals are allowed to gamble, but the setback was caused by the spike in COVID-19 cases across the country.

Kangwon

The number of cases began rising when the Korean government started easing some lockdown restrictions, and on Wednesday the country experienced the biggest jump in the last 50 days.

The casino was initially closed on February 23, but Kangwon Land opened its VIP floor at the beginning of May and was aiming to open the main gaming floor imminently with modifications. But the company announced a sudden “emergency suspension” on the re-opening, with the plan to revisit the decision at a later date, following advice from national authorities.

The casino’s VIP floor is said to have safety regulations in place, including social distancing (one meter between players), sneeze guards and mandatory face masks. It’s likely the main floor will follow the same pattern. Recently, the casino’s opening hours were restored to the 2018 levels of 20 hours a day, with close to two hundred operational tables.

The re-opening would have relieved some of the strain the casino is under. Kangwon Land lost KRW156.12 billion ($127.2 million) during the first three months of 2020, almost a 38% drop compared to last year, which is attributed to the COVID-19 pandemic.


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Crown Melbourne
Global Gaming Women
Svenska Spel
MGM Resorts International
Sportsbet
Follow Us

Facing facts: Nevada vs Macau

How is the Nevada gaming market faring against Macau? Gambli...

Taking stock: Kicking off 2025

Gambling Insider tracks online casino operator and supplier...

Responsible gambling: Who is morally, practically and legally responsible?

Within the ethical complexities of gambling, how much onus f...

Account limits: Legality and fairness in the UK

Paul Sculpher, Director of GRS Recruitment and regular Gambl...

Analysing sports betting data from the Australian Open

Sports betting supplier Betby provides Gambling Insider with...

Company profile: Digitain

Discover Digitain: BUILT TO LEAD iGaming Solutions....

Company profile: DS Virtual Gaming

For two decades, DS Virtual Gaming has been at the forefront...

Exploring X Games' move to sports betting

Gambling Insider’s Megan Elswyth speaks to X Games CEO Jer...