Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, reopened its Seven Luck-branded Gangnam COEX (pictured), and Gangbuk Hilton gaming venue in Seoul at 9am of Monday, according to an online corporate announcement.
The reopenings came shortly after the country’s Central Disaster and Safety Countermeasures Headquarters’ announcement on March 12, that it would continue maintaining “Level 2” of social-distancing measures until midnight on March 28. But the body added it would allow as an “exceptional measure”, what it termed “public” casinos to reopen on the condition they operated at only 20 percent of normal capacity.
The announcement explained that the measure was to put the public-sector casinos on equal footing with operations of “private” casinos, where decisions on whether or not to close on Covid-19 safety grounds were discretionary.
BTS Album BE Gets Gaon Charts Triple Million Certification ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.
BTS Suga s Daechwita Hits No 1 on the US iTunes Song Sales Chart After 9 Months of Release kpopstarz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kpopstarz.com Daily Mail and Mail on Sunday newspapers.
February 19, 2021, 1:07 pm ·
Caesars Entertainment announced that it has decided to give up its stake in its planned casino project in Incheon, South Korea. The stake is going to the American brand’s partner, Hong Kong-listed company Guangzhou R&F Properties. The project called Caesars Korea Resort Complex was supposed to have a foreigner-only casino, among other facilities.
According to a source from the Incheon Free Economic Zone Authority (IFEZA), which is the public body overseeing the site, Caesars disposed of its stake in January. The source was unable to share what was the reason behind this move.
The project, also known as Midan City Resort Complex, was promoted by an organization called R&F Korea (RFKR). Its previous name was RFCZ Korea and it had been a 50-50 joint-venture between Caesars Entertainment and China Guangzhou R&F.