South Korea casinos being flattened by COVID-19

South Korea’s casino industry continues to struggle to get out from under its COVID-19 restrictions, as its largest operator remains shuttered with no definite reopening on the horizon.

Last week, the board of directors at Kangwon Land, the nation’s largest casino and the only one at which local residents can gamble, announced the property’s latest delay in its reopening schedule. The new anticipated reopening is Monday, July 13, although the board will reassess the situation this Friday and nobody really expects anything beyond kicking this COVID can a little further down the road.  

The state-run Kangwon Land shut its doors in February as the nation’s pandemic infection rate spiked. Tentative plans to reopen the property have come and gone in tandem with the rise and fall of that rate, which reported over 60 new cases for three straight days before falling below 50 on Monday.

South Korea’s inability to get its infection rate under control has prevented the government from relaxing restrictions on international travel, which is playing havoc with the nation’s other casino operators, all of which rely on foreign passport holders for customers.