The only casino resort in South Korea where the country’s nationals are allowed to gamble, has decided to postpone the reopening of the property’s main casino floor, due to a spike in Covid-19 infections in that country.
Kangwon Land Inc’s casino had closed on February 23 on a temporary basis as a precaution locally against the spread of the coronavirus pandemic. Due to repeated extensions to the shutdown period, a portion of the casino did not open again until May 8.
The maximum daily opening hours and maximum mass table games numbers at its property had been restored to 2018 levels. Under the changes, the casino can be open for 20 hours a day, instead of the 18 that had been allowed. The number of tables for table games can be increased to 180 from 160.
The casino operator swung to a loss of KRW156.1 billion (US$126.1 million) in the first quarter of 2020, compared to a KRW102.4-billion profit in the prior-year quarter.
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