By 
Filip Radulovic ·
Illegal online gambling has surged in South Korea over the past few years, with cases tripling between 2019 and 2023. According to the National Gambling Control Commission (NGCC), reported incidents…
By 
Terry Davis ·
From the Mohegan First Nation reserve in the US state of Connecticut, Mohegan Gaming & Entertainment (MGE) announced Monday that they had completed financing for the $1.55 billion Phase One…
By Terry Davis ·
US casino resort operator Mohegan Gaming & Entertainment is on track to complete a multi-billion integrated resort project in Incheon, South Korea by early 2022, despite disruptions caused by the…
By Terry Davis ·
A previously failed proposal for the development of a casino resort in the reclaimed Saemangeum area in South Korea has been revived and has sparked controversy just as it did…
By Terry Davis ·
South Korean tour operator and real estate developer Lotte Tour Development announced Friday that it is stepping further into its home country’s casino market with the acquisition of Paradise Casino…
By 
Robert Johnson ·
South Korea earned the amount of KRW62.5 trillion ($54.56 billion) in the period between 2000-2015 from what seems to be a profitable gambling industry, local media reported citing an industry…
By Robert Johnson ·
South Korea seems to be well on the road of establishing itself as a major Asian gambling jurisdiction after it saw gaming and lottery sales increase 7.7% year-on-year in 2016.…
By Robert Johnson ·
Gaming tax revenue in South Korea was up 4% year-on-year in 2015, reaching the amount of KRW2.4 trillion ($2.06 billion), the National Gambling Control Commission announced on Monday. In comparison,…
By Robert Johnson ·
Hong Kong-based real estate developer Lippo Ltd. said earlier this week that its joint project with US gaming giant Caesars Entertainment Corp. for the construction of an integrated resort in…
By Robert Johnson ·
The Mohegan Tribal Gaming Authority (MTGA) has applied for a casino license for the operation of an integrated casino resort located not far from the Incheon International Airport in South…
By Robert Johnson ·
The South Korean Ministry of Culture, Sports, and Tourism revealed that there are 34 bidders for the two casino licenses that are to be issued for the operation of two…
By Terry Davis ·
The South Korean Ministry of Oceans and Fisheries said yesterday that an ordinance that legalizes the operation of casinos on cruise ships had been approved during the latest meeting of…
By 
Anthony Huber ·
Apart from the planned expansion in Connecticut, the leaders of Mohegan Sun eyed the Asian gambling market. Mere hours ago, representatives of the Mohegan Tribal Gaming Authority revealed more details…
By Anthony Huber ·
As already reported, South Korea is becoming more and more appealing to investors willing to establish integrated casino resorts on the territory of the country. It seems like the area…
By Terry Davis ·
The government of South Korea has released information about the revenue generated by the country’s gambling and lottery industry. According to official data posted by local media, both sectors have…
By Anthony Huber ·
Mere hours ago, representatives of Bloomberry Resorts Corp. announced that they are about to make a significant investment and acquire an island as well as a casino operator on the…
By Terry Davis ·
Genting Malaysia Bhd reported that it managed to complete a previously announced deal. The deal, which is a land acquisition, is considered part of the company’s plans for further expansion…
By Robert Johnson ·
The government of South Korea revealed that it intends to issue two more large-scale casino licenses this year. The government’s decision is considered to be part of a bigger plan…
By Robert Johnson ·
A few days ago, it was announced that a consortium of several companies, including a subsidiary of U.S. gaming operator Caesars Entertainment Corp., inked a $95.9-million conditional deal for the…
By Robert Johnson ·
Yesterday, Landing International Development Ltd., a Chinese investment holding company, announced in a special filing that it will operate a new gambling venue in South Korea. It has been estimated…
By Anthony Huber ·
It seems like Japanese gambling legislation is not going to take effect anytime soon but South Korean authorities are not wasting their time at all. According to the initial plan,…
By Robert Johnson ·
Malaysian conglomerate Genting Group is to be introduced to South Korean gaming market some time in 2015. One of its entities – Genting Hong Kong Ltd., will collaborate with property…
By Robert Johnson ·
Jeju Island’s authorities have long been working on making the island a world-class tourist and entertainment destination. It is part of South Korea, takes more than 1,800 square kilometers of…
By Robert Johnson ·
There is a new wave of interest from international investors towards the gambling industry of South Korea. The British multinational bank Standard Chartered has given a surprisingly optimistic report of…
By Robert Johnson ·
Las Vegas Sands Corporation has set its eyes on South Korea announcing its plans for an integrated resort casino. Last Tuesday, in a Yonhap news agency press release, the corporation…
By Terry Davis ·
The Latis Global blog announced that the South Korean Facebook users had their online purchasing halted. The country’s gaming regulator blocked virtual goods purchasing through the social platform Facebook on…