Site icon The Indian Wire

South Korea faces third COVID-19 wave; casinos suffer

Representative Image

Representative Image

Third COVID-19 wave has struck South Korea and the country has resorted to Level 2 safety measures.

As a consequence of coronavirus lock down, the casino industry which was already suffering has again taken a big dip.

The already struggling industry will now have to shut down casinos from December 2 to December 15.

Grand Korea Leisure announced the closure of its Seven Luck Casino despite the fact that casinos were currently operating at 20% of their actual capacity.

CalvinAyre reported that shutdown of all three of its foreigner-only casinos in Korea would result in lost sales of KRW5.5b (US$5m), based on its average daily sales in the third quarter.

Exit mobile version