Kangwon Land opposes another S.Korea-locals casino

Kangwon Land – the sole locals-only casino in South Korea – is not amused by how opposition politicians are railroading the timetable to ceases its monopoly on local gamblers.

Days after lawmakers from South Korea’s minority political group People’s Party announced its intention to revise a bill allowing a second, locals-only casino in the country, Kangwon rebuffed the plan to open a casino in Saemangeum since it puts the farmland supply in danger.

“Although the Saemangeum Project is drifting now, a casino in the region cannot be justified in that it entails huge detrimental and intangible effects and the original purpose of the project is farmland supply,” Kangwon said in a statement, according to BusinessKorea.  “The Kangwon Land Casino was inevitable for the livelihood of more than 300,000 people in the region who lost their jobs as a result of the government-led restructuring of the mining industry.”

This is the first time that Kangwon Land made an official statement since People’s Party Rep. Kim Kwan-Young and North Jeolla Province lawmakers agreed to support the new casino plan, which would require amending the law that stipulates only a foreigners-only casino can be built in the region.