Foreign Tourists Flock to Korean Casinos as Martial Law Ends
Creatrip Team
a year ago
Korean casinos have seen a significant increase in revenue following the end of the martial law situation, with Paradise being the leading company in this surge. In March alone, Paradise recorded a 51.6% increase in sales compared to the previous year. This growth comes as foreign tourists, particularly from China and Japan, return to Korea, with the government planning to temporarily allow visa-free entry for Chinese tourists. The improvement in casino winnings, known as 'hold rate', is attributed to the rise in regular visitors rather than high rollers. The potential for increased Chinese VIP visitors suggests a promising outlook for Korean casinos.
