Jeju Dream Tower posts strongest July casino revenue on record
Casino and hotel revenue continued to climb in July as Jeju Dream Tower extended its growth momentum.
Casino and hotel revenue continued to climb in July as Jeju Dream Tower extended its growth momentum.
South Korea's tourism industry has called on the Government to reconsider proposed casino reforms, warning that higher levy payments and a five-year licensing renewal system could increase pressure on operators.
The fintech executive is the latest business leader to support a nationwide initiative against illegal youth gambling.
While casinos recovered on the back of tourism growth, the wider market highlights strong local demand.
The initiative will place gambling and drug prevention messages in educational materials used by students.
The relay campaign is bringing together leaders to raise awareness of illegal gambling risks among young people.
The regulator recorded growth in enforcement support as it strengthened cooperation with police and local authorities.
Police uncovered a large-scale two-way betting operation that allegedly used bank accounts obtained from deaf individuals.
South Korea's foreigners-only casino sector has voiced concerns over plans to increase its tourism fund contribution, arguing the move could reduce investment capacity just as regional competition intensifies ahead of Japan's Osaka integrated resort.
The initiative invites adults and young people to create content focused on gambling risks and prevention.