Casinos in Korea: Into the Unknown

  • Korea’s tremendous international appeal as the next big thing in gaming has seemingly gone AWOL in the space of two short years.Gaming revenue, which peaked in 3Q14 at $348 million across its 16 foreigner-only casinos, has endured a steady decline since—reaching $300 million just once in the nine quarters since 2Q15 and sitting around US$250 million for each of 1Q17 and 2Q17.

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