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Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, reopened its Seven Luck-branded Gangnam COEX (pictured), and Gangbuk Hilton gaming venue in Seoul at 9am of Monday, according to an online corporate announcement.
The reopenings came shortly after the country’s Central Disaster and Safety Countermeasures Headquarters’ announcement on March 12, that it would continue maintaining “Level 2” of social-distancing measures until midnight on March 28. But the body added it would allow as an “exceptional measure”, what it termed “public” casinos to reopen on the condition they operated at only 20 percent of normal capacity.
The announcement explained that the measure was to put the public-sector casinos on equal footing with operations of “private” casinos, where decisions on whether or not to close on Covid-19 safety grounds were discretionary.
Closure of Grand Korea Leisure Co Ltd’s (GKL’s) two foreigner-only casinos in Seoul, capital of South Korea, as a Covid-19 countermeasure, is to continue until 9am on March 15, the firm said in a Friday filing to the Korea Exchange.
The same day, South Korea’s Central Disaster and Safety Countermeasure Headquarters said it would extend until March 14, so-called “Level 2” social distancing measures in Seoul, reported local media.
Grand Korea Leisure noted on Friday that its expected group loss of casino net sales due to extension of pandemic-precaution closures at two of its venues, had been revised upward, to about KRW42.78 billion (US$38.1 million), compared to its previous estimate of KRW37.68-billion in lost sales.
February 17, 2021, 3:48 pm ·
Grand Korea Leisure extended the closure period of its Seoul casinos, Gangnam COEX and Gangbuk Millennium Seoul Hilton. The South Korean foreigner-only casino operator announced that the facilities are expected to open on March 1.
This week Seoul’s government announced lowering the COVID-19 alert level for Greater Seoul area from Level 2.5 to Level 2. However, the GKL properties seem to not be ready to open right away.
The two Seoul casinos shut doors on November 24 and have been inactive for almost three months now. The closure was caused by the high Covid-19 alert and the spike in positive cases.
February 2, 2021, 4:40 pm ·
Grand Korea Leisure (GKL) is a foreigner-only casino operator in South Korea. It announced that three of its casinos in Seoul and Busan will remain closed until February 15.
The extension of the inactive period was confirmed last Sunday by the government. The reason for that is the current coronavirus pandemic. The restriction aims to detain the latest outbreak of COVID-19.
Part of those restrictions include maintaining the second highest of the five alert tiers in South Korea and that is the Level 2.5 alert across Greater Seoul. The alert level for the rest of the country remains 2.
In the meantime, South Korea reported 305 new coronavirus cases, which is the lowest number in