The gaming venue within the Jeju Sun Hotel on South Korea’s holiday island of Jeju has reopened under a new brand, “Blue One Casino,” with a launch ceremony held on March 16.
That is according to a recent press release from KH Group, the parent of the casino operator, Blue One Ltd.
Blue One Ltd completed the acquisition of the gaming venue earlier this month, according to an announcement at the time from the seller, Philippines-listed Bloomberry Resorts Corp.
The transaction involved a spinning-off – described as a “demerger” – of the Jeju casino business into a newly-established company called Heaven Co Ltd, with the latter being acquired by Blue One Ltd.
The sale included a payment of KRW7.00 billion (US$4.6 million currently) and was completed on March 4.
A remaining balance of KRW3.00 billion on the purchase price is to be paid by the buyer “on or before February 27, 2027,” according to Bloomberry Resorts.
The sale marked Bloomberry Resorts’ exit from the casino business on Jeju Island. However, the Philippine firm retains ownership of real estate assets linked to Jeju Sun, and continues to run the hotel.
A person in charge at the property during Bloomberry Resorts’ tenure had told GGRAsia previously that casino operations ceased from December 15, 2025, for remodelling works.
KH Group said in the recent release that it had completed the transfer of employment for staff working at the gaming venue, with priority given to job continuity.
The new owner said organisational integration and operational enhancement had also been completed.
The release stated Blue One Casino would focus on table games while targeting “sustained revenue growth and profitability”.
“As tourism spending patterns shift from shopping-led travel toward experience- and entertainment-oriented visits, the property aims to promote a stay-oriented tourism model by encouraging foreign visitors to stay longer and increase per-capita spending,” KH Group stated.
Blue One Casino is located about a 10-minute drive from Jeju International Airport.
According to data from South Korea’s Ministry of Culture, Sports and Tourism, the venue had 47 live gaming tables and 17 slot machines, and employed 68 staff as of December 31, 2024. Figures for 2025 are still to be published by the relevant authorities.
According to Bloomberry Resorts’ annual report for 2025, the Jeju venue produced gross gaming revenue of PHP17.3 million (US$286,676) last year, down 60.7 percent from 2024. The property remained in the red, reporting a net loss of nearly PHP251.4 million in 2025.
