Kangwon Land Casino by about 10 percent to about 166,690 square feet.

According to a report by GGRAcia, the Seoul-based company plans to additionally increase the total capacity of bars and restaurants at the facility by 71.4 percent from 140 to 240. The sources said they released the projects after realizing that customers' opinions and that the size of the current 151,265 square foot gaming area is about 60% smaller than most competing foreign-only casinos.

Attractive appeal:

There are 17 casinos in Korea, but Kangwon Land Casino, located in rural Gangwon Province, about 93 miles from Seoul, is reportedly the only facility in the Asian country to gamble with foreigners. Opened in 2000, it is said to have 1,191 "video games" units that provide baccarat and roulette entertainment.

Weak timetable:

Gangwon Land, Inc. reportedly announced that it has budgeted an area of $23.69 million now for the 'expansion and remodeling' of its Kangwon Land casino business, saying the follow-up completion of the campaign should rely on a variety of schedules of all contractors who can contract to perform such work.

Dormant Debut:

With the upcoming expansion, the state-run Kangwon Land Co. reportedly explained that it plans to resume operating 32 dormant game tables within the Kangwon Land casino soon. GGRASIA noted that these units were ruined last year after the federal government introduced various dose restrictions related to the coronavirus.

CORONAVIRUS CAUTION:

Kangwon Land also said it would keep its current Kangwon Land casino operations until at least Feb. 20, limiting the number of daily visitors to 3,000 - half the pre-pandemic level - and holding the venue for only 12 hours from 10 a.m. every morning and sticking to a series of social distancing.

Better Finance:

Kangwon Land Casino reportedly accounted for 66% of South Korea's most recent total annual game sales of about $984 million, with 16 foreign-only compatriots reporting a 31.9% on-year drop in 2021 gross revenue to about $339.2 million. The Ministry of Culture, Sports and Tourism and sources said about $644.8 million in state property was up about $74.7 billion from about $46.7 billion in 2020.

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