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Of the country’s 17 casinos, 16 are for foreigners only, although Koreans who can produce an overseas passport can also play. As the nation’s only casino that welcomes all Koreans as nicely as foreigners, Kangwon Land revenue–US$1.two billion final year–exceeds that of Korea’s other casinos combined. Management at Kangwon Land, the only casino in Korea you can enter devoid of a foreign passport, has a mandate to limit its gaming income. The 51% government owned casino operates beneath a revenue cap, and in current years has taken active measures to decrease its take from gaming tables and slot machines. But if you look beyond the revenue cap, Kangwon Land shares important traits with other casinos in Asia.
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