• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Kangwon Land casino capacity doubles, under 50pct of max

Jun 11, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  


Kangwon Land casino capacity doubles, under 50pct of max

Kangwon Land, the only casino resort in South Korea permitted to offer bets to locals, has been allowed from 10am today local time, to double its maximum guest capacity for the casino floor, although the new limit is still under 50 percent of pre-pandemic levels.

The move from a prior maximum of 1,200 guests, i.e. 20 percent of normal capacity; to 2,300, i.e., 38 percent of normal capacity, would be dependent on a redesignation of the local Covid-19 alert level, and would take place from Monday (June 14).

Kangwon Land resort (pictured), run by Korea Exchange-listed Kangwon Land Inc, is in a remote upland area outside the South Korean capital, Seoul.

An official from Jeongseon county, where Kangwon Land sits, confirmed a casino capacity increase after a telephone enquiry from GGRAsia on Friday.

The county’s capacity-increase proposal had been made on Thursday. The move coincided with the renumbering – as part of a national initiative – of so-called social distancing protocols.

As a result, the former “Level 1.5” standard, and all other intermediate standards between the old “Level 1” to the old “Level 3”, are being abolished. A new system, from “Level 1” up to “Level 4” will take its place.

Most of Gangwon province, including Jeongseon county where Kangwon land is located, are being designated Level 1 under the revised system.

It was not clear from available information, if that renumbering of alert levels meant the safety risk to the public had actually decreased.

Kangwon Land recorded a KRW40.9-billion (US$36.7-million) net loss in the first of quarter 2021, compared to a net loss of KRW156.1 billion in the prior-year period.

As of 9am on Friday, Jeongseon county had recorded 55 Covid-19 infections with no fatality since the onset of the crisis last year, according to the Jeongseon county website.

As of 12am on Monday, South Korea had recorded 374 new Covid-19 cases in 24 hours. It took the country’s tally of confirmed cases to 148,647, including 1,992 fatalities, according to data from the Ministry of Health and Welfare.

(Updated June 15, 9.25am)


  • tweet
Related articles
  • 2Q casino GGR at Jeju Dream Tower down 17pct q-o-q
    2Q casino GGR at Jeju Dream Tower down...

    Aug 15, 2022  

  • Kangwon Land US$29mln 2Q profit as revenue up 53pct
    Kangwon Land US$29mln 2Q profit as...

    Aug 12, 2022  

More news
  • Singapore’s Gambling Regulatory Authority inaugurated
    Singapore’s Gambling Regulatory...

    Aug 16, 2022  

  • Macau drops professional secrecy override from junket bill
    Macau drops professional secrecy...

    Aug 16, 2022  


Latest News

Singapore’s Gambling Regulatory Authority inaugurated

Singapore’s Gambling Regulatory Authority inaugurated

Aug 16, 2022  

The Gambling Regulatory Authority of Singapore (GRA) was inaugurated at a ceremony on Tuesday. The new body – taking on the work of the former Casino Regulatory Authority and adding some new...
Read More
Macau drops professional secrecy override from junket bill

Macau drops professional secrecy override from junket bill

Aug 16, 2022  

PH Resorts still in talks on investment by Bloomberry

PH Resorts still in talks on investment by Bloomberry

Aug 16, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$9.3 million

Second-quarter gaming sales at Jeju Dream Tower casino resort in South Korea



Most Popular

  • Macau bill still lets junkets process patron cash, chipsMacau bill still lets junkets process patron cash, chips August 15, 2022
  • Wenzhou court hears bet crime cases said tied to Alvin ChauWenzhou court hears bet crime cases said tied to Alvin Chau August 12, 2022
  • Macau GGR 8-14 Aug US$10mln/day, up 120pct: brokerageMacau GGR 8-14 Aug US$10mln/day, up 120pct: brokerage August 16, 2022
  • No-interest play deposits ok for casinos says Macau billNo-interest play deposits ok for casinos says Macau bill August 12, 2022
  • Singapore’s Gambling Regulatory Authority inauguratedSingapore’s Gambling Regulatory Authority inaugurated August 16, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us