• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 5 December 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Kangwon Land casino closure extends to two weeks as virus epidemic sweeps South Korea

Newsdesk by Newsdesk
Sun 1 Mar 2020 at 10:54
Revenue falling for Korea’s only locals casino Kangwon Land
17
SHARES
361
VIEWS
Print Friendly, PDF & Email

The operator of South Korean casino Kangwon Land has announced a week-long extension to the temporary closure of gaming operations and other facilities until next Sunday 8 March amid the coronavirus epidemic that continues to spread throughout the country.

Kangwon Land, the only Korean casino in which locals are allowed to gamble, had originally shut down gaming operations for three days from Sunday 23 February to Wednesday 26 February before later extending the closure for three more days until 29 February.

On Friday, the company announced that the casino would now remain closed for at least another eight days, until 6am on 8 March – a full two weeks since it first shuttered its doors.

Kangwon Land also announced the closure of its hotel, condominiums and ski resort for the same eight-day period, while the property’s family theme park, Water World, will remain closed for an extra 12 days until 20 March.

In a notice published on the company’s website and filed with the Korea Exchange, Kangwon Land said the closures were designed to “put customer safety first,” although there have been no confirmed cases of Coronavirus among any of the company’s staff or guests.

Nevertheless, it seems highly unlikely that casino operations will resume by next week given the number of confirmed cases in South Korea continues to skyrocket, with more than 1,000 new cases identified over the past two days alone to push the national total past 3,500.

Kangwon Land had previously estimated that closing the casino for six days would cost the company around KRW 22 billion (US$18.1 million), however that figure now looks set to climb.

RelatedPosts

Almost 90% of Wynn Al Marjan Island revenues could come from gaming, forecasts show

Almost 90% of Wynn Al Marjan Island revenues could come from gaming, forecasts show

Fri 5 Dec 2025 at 04:58
A year after departing Aristocrat, Hector Fernandez officially starts as CEO of new-look IGT gaming business

A year after departing Aristocrat, Hector Fernandez officially starts as CEO of new-look IGT gaming business

Thu 4 Dec 2025 at 11:05
Genting Malaysia’s New York subsidiaries price an additional US$100 million senior notes as equity raising continues

Analysts outline massive profit potential for Genting’s full New York casino

Wed 3 Dec 2025 at 04:35
Grand Korea Leisure’s June casino sales down 68% on 2019 levels

Grand Korea Leisure casino revenue up 13% to US$28.4 million in November

Wed 3 Dec 2025 at 04:00
Load More
Tags: casinoclosureCoronavirusGamingKangwon LandrevenueSouth Korea
Share9Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Cause and effect

Editorial – Cause and effect

by Ben Blaschke
Fri 28 Nov 2025 at 00:40

Since news broke recently of a sports betting scandal involving certain NBA players and coaching staff sharing inside information with...

Lap of luxury

Lap of luxury

by Ben Blaschke
Fri 28 Nov 2025 at 00:23

Set to open its first phase in February, the eco-luxury golf and lifestyle estate Hann Reserve not only promises to...

Staying connected

Staying connected

by Ben Blaschke
Fri 28 Nov 2025 at 00:09

With a senate hearing into the Philippines’ booming eGames, or domestic online gaming, industry already proving successful in having stricter...

Party at the Palace

Party at the Palace

by Ben Blaschke
Thu 27 Nov 2025 at 18:47

A who’s who of the Asian gaming industry gathered at SJM’s Grand Lisboa Palace Resort Macau on 7 November as...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR

Related Posts

Jacqui Krum to join Wynn Macau board, replacing Ellen Whittemore as non-executive director

Jacqui Krum to join Wynn Macau board, replacing Ellen Whittemore as non-executive director

by Newsdesk
Fri 5 Dec 2025 at 05:42

Wynn Macau Ltd has announced the appointment of Jacqui Krum, current Executive Vice President, General Counsel and Secretary of Wynn Resorts, Limited, as a new non-executive director, effective 1 January 2026. Krum, part of the global Wynn team since 2013,...

Konami to highlight omni-channel game releases, new “Solstice” game cabinet line at ICE Barcelona

Konami to highlight omni-channel game releases, new “Solstice” game cabinet line at ICE Barcelona

by Newsdesk
Fri 5 Dec 2025 at 05:39

Konami Gaming will showcase its omni-channel offerings, including the premiere of its Konami Online Interactive branding, at ICE Barcelona 2026, while its land-based presence will focus on recently released cabinet “Solstice”. The omni-channel game releases will span new licensed IP...

Almost 90% of Wynn Al Marjan Island revenues could come from gaming, forecasts show

Almost 90% of Wynn Al Marjan Island revenues could come from gaming, forecasts show

by Ben Blaschke
Fri 5 Dec 2025 at 04:58

Gaming revenues at Wynn’s US$5.1 billion UAE integrated resort development could account for as much as 89% of resort-wide revenue, according to information contained in an investor presentation released overnight. The company has also flagged a low average length of...

MGTO: European visitation to Macau back to 80% of 2019 levels in first 10 months of 2025

MGTO: European visitation to Macau back to 80% of 2019 levels in first 10 months of 2025

by Pierce Chan
Thu 4 Dec 2025 at 16:46

In a recent interview, the Director of the Macao Government Tourism Office (MGTO, Maria Helena de Senna Fernandes, said that visitors to Macau from Europe had recovered to 80% of 2019 levels in the first 10 months of this year....

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語