Kangwon Land, the only casino in South Korea that allows local residents, has announced the launch of a gaming zone exclusively for foreign visitors
"We intend to increase the number of foreign visitors this year. This will help us strengthen our status as a global resort complex and contribute to the development of the national tourism industry," Choi stated.
The opening of the new gaming zone was made possible after receiving approval to amend casino restrictions in September 2024. As part of this project, an investment of $128 million (approximately 12.5 billion rubles) is planned for the construction of a second gaming complex. This expansion will increase the casino's area to 20,260 square meters, with the number of gaming tables rising to 250 and slot machines to 1,610.
In the pilot zone designated for foreigners, betting limits will be raised from the current 100,000 South Korean won (about 6,712 rubles) to 20 million won (approximately 1.34 million rubles). After the full launch of the new complex, the maximum limit will increase to 300 million won (around 20.13 million rubles).
In 2024, Kangwon Land welcomed approximately 24,300 foreign visitors, marking a 5.8% increase compared to the previous year. The company also reported a 33.6% rise in net profit for 2024, reaching 455.38 billion South Korean won (about 30.56 billion rubles).
Meanwhile, Inspire Entertainment Resort has announced the completion date for its new casino in South Korea.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
