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South Korea

Restructuring Investment Strategy: New Silkroad’s Divestment from MegaLuck Casino

New Silkroad Culturaltainment Ltd, a Hong Kong-listed investment firm, has finalized an agreement to sell its entire 72% stake in Megaluck Company Limited, the...

South Korea Dominates Macau Tourism Market: Insights and Strategies

South Korea has emerged as a formidable force in Macau's tourism landscape, claiming the top spot in international visitor arrivals. With 192,095 arrivals recorded...

Growth and Oversight: South Korea’s Evolving Conglomerate Landscape

South Korea's economic landscape is witnessing a dynamic shift, marked by the emergence of key players in the entertainment, leisure, and tourism sectors. Against...

Combating Illegal Gambling in South Korea: Government’s Strategic Approach

In response to the pervasive issue of illegal gambling infiltrating drinking establishments known as "hold'em pubs," the South Korean government has taken decisive action....

Growth Trends and Market Dynamics: Paradise Co’s 1Q24 Performance

Paradise Co, a prominent foreigner-only casino operator in South Korea, has reported robust financial results for the first quarter of 2024. With a significant...

Mohegan INSPIRE: Growth Trends and Market Penetration

Mohegan Tribal Gaming Authority's latest venture, Mohegan INSPIRE, has showcased promising performance in its inaugural quarter of 2024. Despite initial operating expenses, the integrated...

Kangwon Land’s 1Q24 Performance and Expansion Plans

Kangwon Land, the sole casino in South Korea where locals can indulge in gambling, has unveiled its financial report for the first quarter of...

China’s Xixiang Luo Triumphs in Record-Breaking APT Jeju Main Event

China’s Xixiang Luo made history at the Asian Poker Tour (APT) Jeju Main Event, held at Jeju Shinhwa Resort, by emerging victorious in what...

Grand Korea Leisure’s Performance in 2024: A Roller-Coaster Ride

In the dynamic world of the casino industry, the performance of operators often mirrors the ebbs and flows of fortune itself. South Korean foreigner-only...

Paradise Co’s Remarkable Turnaround: Surge in Casino Revenues

Paradise Co, a leading Korean casino operator catering exclusively to foreigners, has experienced a remarkable resurgence in April. Despite a previous decline in March,...

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