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Tag Archiv: Země Kangwon

South Korea – Reform plan will hamper Kangwon Land’s growth

South Korean casino Kangwon Land, the only venue in the country allowed to let locals gamble, will have its growth hampered by a series of government initiatives known as the Gambling Industry Reform Plan. JP Morgan Analysts DS Kim and Sean Zhuang said: “The plan includes four major initiatives, one of which effectively targets Kangwon…

Jižní Korea – Kangwon Land potvrzuje nejhorší čtvrtletí za posledních pět let

Kangwon Land, the only South Korean casino operator allowed to let locals play, saw its second quarter profit fall by 10.7 per cent to US$96.9m, making it the casino’s worst performance in five years. GGR fell by six per cent to US$338.9m whilst non-gaming revenue increased by 11.1 per cent to US$10.51m. JP Morgan Securities…

South Korea – Kangwon Land to feel affects of political uncertainty

Morgan Stanley has downgraded its outlook on South Korea’s Kangwon Land casino following political uncertainty that resulted in President Park Geun-Hye being arrested. The analyst said that Kangwon Land’s revenues have fallen to ‘2014 levels.’ Morgan Stanley analyst Jay Lee said: “We are now at levels seen in 2014, with annual sales/net profit 17 per…

Rusko – Kangwon Land investuje do Tigre de Cristal

Summit Ascent Holdings, společnost Tigre de Cristal na ruském Dálném východě financovaná Lawrencem Ho, vytvořila strategické partnerství s Kangwon Land, největším provozovatelem her podle příjmů v Korejské republice. Kangwon Land bude investovat do fáze 2 Tigre de Cristal, stejně jako do dalších budoucích projektů. Dvě kasina…

South Korea – Kangwon Land to fight against proposals for second locals casino

Korean casino Kangwon Land has said it is against the opening of a casino, potentially by Las Vegas Sands, in the Saemangeum region in North Jeolla Province, allowing South Koreans players to gamble. The statement marks the first time Kangwon Land has officially passed comment on a new casino project. Currently Kangwon Land is the…

Jižní Korea – Kangwon Land zažívá obrovský nárůst zisků

South Korea’s Kangwon Land Casino saw its net income for the fourth quarter of 2015 rise to US$75.8m, (KRW93bn) an astonishing 96.3 per cent rise compared to the same quarter last year. However, last year, the final quarter was impacted by a one-off non-operating expense meaning that the increase in Gross Gaming Revenue was healthy…

Jižní Korea – Kangwon Land uvádí na trh 8 progresivních Peacocks

Kangwon Land Casino, the only casino in South Korea to allow locals to play, has installed 8 Peacocks, the Asian themed progressive from Casino Technology. Combining a suite of 5 compelling titles in the Aurora cabinet; Peacock and Dragon, Five Blessings, The Great Warlord, Clover and Peacock and Magic Pearl, the progressive link 8 Peacocks…