Published
Casino

Paradise City and Kangwon Land casinos remain closed

Paradise City, a foreigner-only casino in South Korea, is to be closed indefinitely, while its non-gaming facilities will remain shut until September 9.

paradisesouthkorea

A total of six cases of COVID-19 have been discovered in the venue since September, which hinders the group’s attempts to resume business after the pandemic restrictions were lifted. 

Paradise Co said: “This decision is a pre-emptive measure for the safety of customers, employees, and local residents. We plan to close our business sites and to expand the scope of inspections in consultation with the quarantine authorities.” 

Paradise City reported KRW17.3bn ($14.6m) in sales for the month of August, a 75% drop year-on-year.

Another South Korean casino, Kangwon Land, reported it extended its closure as well, until September 21. It is the only casino that caters to the Korean nationals and was closed from the end of February until July 20. But after a month of operations, it once again closed its doors on August 23. 

It is estimated the casino will lose KRW36.4bn during the closure, compared to KRW18.8bn from the previous period. The casino has been slowly increasing its visitor capacity, working at 25% in August. 

South Korea is currently going through another spike in COVID-19 cases and a new round of social distancing measures has been implemented. 

 


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...