Why is Kangwon Land the only casino Koreans can enter?
Article 11 of Korea's 1995 abandoned-mine-areas act lifts one casino out of the foreigner-only rule. The statute and its 2025 sunset, read 18 October 2026.
Trade coverage of Asia's gaming industry
Article 11 of Korea's 1995 abandoned-mine-areas act lifts one casino out of the foreigner-only rule. The statute and its 2025 sunset, read 18 October 2026.
Who grants a Korean foreigner-only casino licence, the statute behind it, how the NGCC sales ceiling treats it, and the Inspire permission KED reported.
Paradise City is owned by PARADISE SEGASAMMY, a joint venture of Paradise Co. and Sega Sammy. The ownership chain, each stake sourced and dated.
Inspire reports on an October-September year, Paradise by calendar year. We put the two Incheon casinos' revenue on the same twelve months.
Line by line, what Mohegan still owes on Inspire Korea after Bain took the resort: guarantees, letters of credit and the $100m support agreement, dated.
No buyer named: Bain's May 2025 open bid for MGE Korea ended without one, per iGB (Jan 2026). A dated timeline and the licence rules a new owner faces.
Bain accelerated a US$275m loan and took Inspire in February 2025. The debt stack, the FY25 results and the sale listing on one dated page.