Why is Kangwon Land the only casino Koreans can enter?
Article 11 of Korea's 1995 abandoned-mine-areas act lifts one casino out of the foreigner-only rule. The statute and its 2025 sunset, read 18 October 2026.
Trade coverage of Asia's gaming industry
15 articles
Article 11 of Korea's 1995 abandoned-mine-areas act lifts one casino out of the foreigner-only rule. The statute and its 2025 sunset, read 18 October 2026.
17 foreigner-only casinos plus Kangwon Land, per the Korea Casino Association's member list read on 17 October 2026, with every venue by region.
Grand Korea Leisure's 2026 casino sales month by month, from August's KRW31.11bn to May's KRW43.14bn, with hold and the nine-month total, sourced.
Paradise Co's 2026 casino sales month by month, from March's KRW49.5bn low to August's KRW104.91bn record, each figure sourced and dated.
Who grants a Korean foreigner-only casino licence, the statute behind it, how the NGCC sales ceiling treats it, and the Inspire permission KED reported.
Paradise City is owned by PARADISE SEGASAMMY, a joint venture of Paradise Co. and Sega Sammy. The ownership chain, each stake sourced and dated.
Inspire reports on an October-September year, Paradise by calendar year. We put the two Incheon casinos' revenue on the same twelve months.
Line by line, what Mohegan still owes on Inspire Korea after Bain took the resort: guarantees, letters of credit and the $100m support agreement, dated.
No buyer named: Bain's May 2025 open bid for MGE Korea ended without one, per iGB (Jan 2026). A dated timeline and the licence rules a new owner faces.
Japan's casino regime, read off the Japan Casino Regulatory Commission's own pages rather than trade-press paraphrase — and where an approved area plan and a filed supplier application actually sit in it.
The country's protected domestic house is going after the segment where the growth has been — a segment that today accounts for about one percent of its own gate. Korea's 17 foreigner-only casinos grew visitors almost 19% last year, per the report; Kangwon Land grew 4.5%.
The March 2024 freeze on new e-gaming licences stays until the sector consolidates, the chairman says. The register is down to 48 from 74, the rates are set at 30 and 25 percent, and the 2026 GGR estimate sits below last year's print.
Collections reached MOP58.34bn in the first seven months and about 86% of current government revenue, per bureau figures — while July's receipt alone fell 17.5% on June. The gap is a calendar, not a collapse.
July's reported GGR softness landed mid-World Cup, and the outlook pieces calling 2026 a consolidation year rather than an expansion year suddenly look better sourced.
A proposal reported in July would lift operators' tourism-fund contribution to 15% of casino revenue — a straight haircut to margins in the foreigner-only segment.