Casino & games

Kangwon Land extends Covid-19 shut-down into September

1 minute read
South Korean casino operator Kangwon Land has announced that its flagship venue in Jeongseongun will remain closed for a further three weeks.

South Korean casino operator Kangwon Land has announced that its flagship venue in Jeongseongun will remain closed for a further three weeks.

The property, which was shuttered on 21 August amid a resurgence of novel coronavirus (Covid-19) cases in South Korea, is now scheduled to reopen on 21 September.

That initial shut-down, which came after the property reopened to the public on 1 July, was originally due only to last until 23 August. That was then extended to 29 August and then 7 September.

The operator said that based on daily average casino revenue in the first half of 2020, it will lose out on around KRW36.4bn (£23.2m/€25.9m/$30.6m) in revenue as a result of the closure.

This follows a difficult first half in which Kangwon Land’s revenue fell 63.5% to KRW270.64bn, with all casino operations suspended during the second quarter of the year.

Image: Laserland / CC BY-SA

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