#Jeju Shinhwa World

Jeju island (pictured), a South Korean gaming jurisdiction, says it has dropped for now the idea of trying to have what it terms "proxy betting" offered via the floors of its foreigner-only casinos, citing a lukewarm response from the industry. Another topic for the local industry - whether more land-based licences might be granted on the island -…

Gambling is a hugely popular activity, and people worldwide love spending their money… with the hope of winning even more. However, some countries are more ensconced in it than others. Some countries have a deep-rooted gambling culture, while others have simply seen a rise in the popularity of gambling activities due to the more favorable…

South Korean officials have reopened their investigation into the theft of KRW14.6 billion (US$13.4 million at the time) in cash from safe at Jeju's Landing Casino after one of the suspects was arrested in Dubai. According to information from Korean news outlet Munhwa, the suspect, known as Mr A, was arrested while trying to board a flight from…

In South Korea and local casino operator Lotte Tour Development Company Limited has reportedly announced that it intends to officially premiere the gambling element within its new Jeju Dream Tower development from next month. According to a Tuesday report from Inside Asian Gaming, the $1.4 billion property'soft launched' its restaurants, retail…

Police in South Korea are scouring the country for leads in the disappearance of millions of dollars in cash from a casino on a popular holiday island. Jeju Shinhwa World, one of the largest resorts on Jeju Island, reported to police earlier this month that over 14 billion won, equivalent to $13 million, had gone missing from the Landing Casino,…

South Korean police have discovered unidentified cash worth KRW8.1bn ($7.4m) at a resort casino on Jeju Island, potentially connected to alleged theft by an employee at the company. The Jeju Provincial Police Agency confirmed that investigators are in the process of analysing if the banknotes - discovered at a safe at the casino - are part of the…