Locals gaming in Korea likely — but not imminent

The Covid-19 pandemic may be a trigger for South Korea to rethink its foreigner-only casino policy, as the country’s casinos struggle with a lack of tourism revenue.

That was the view shared by two experts on Asia Gaming Brief’s latest webinar session, which studied investment opportunities in the Korean gaming industry.

“This Covid is giving us a hard time and because of the situation I think maybe it’s time to rethink about South Korea’s foreign-only casino model,” said Nicholas Kim, investment director at the Incheon Free Economic Zone, which is home to Korea’s first IR.

The full-length recording of the AGB Webinar can be found here.