Kangwon Land to extend casino pause until May 11

Kangwon Land (photo), the only casino resort where Koreans can gamble, has decided to extend the temporary closure of its game center for an eighth time. Kangwon Land said it will now reopen at 6 a.m. on May 11.

The initial casino closure notice was described by Kangwon Land, the resort’s promoter, as a precautionary measure related to the COVID-19 pandemic, which has had a serious national impact.

Kangwon Land originally announced the temporary closure of the casino from noon on February 23 to 6 a.m. on the 26th, but extended the closure seven times in a row until today (4th).

The company said in a filing on Monday that it expects casino sales lost since casino shutters began on Feb. 23 to reach 286.8 billion won ($233.7 million), at the time it declared an eighth extension of its closure. The estimate was based on Kangwon Land’s daily casino revenue in 2019, the plan’s promoter added.

The company previously announced that it would suspend its non-gaming business from March 2. On Monday, Kangwon Land said that the complex’s non-gaming facilities will gradually open as the country’s COVID-19 disease evolves.

At least two Korean foreigner-only casino operators also announced a temporary suspension of gaming operations in line with South Korea’s efforts to curb the further spread of the COVID-19 pandemic. Grand Korea Leisure Inc. suspended gaming operations until Wednesday (May 6). Paradise Inc. reopened four gaming venues in April.

As of Sunday, South Korea had recorded a total of 10,793 COVID-19 infections and 250 deaths, according to the Korea Centers for Disease Control and Prevention.

South Korea has been praised by international experts as one of the first countries in the world to control a major COVID-19 outbreak. The number of new cases in South Korea has been gradually decreasing since peaking at 909 on Feb. 28.

BY: 바카라사이트

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