South Korea’s foreigner-only casino sales bounce back in 2016

After a year of decline, South Korea’s foreigner-only casinos have rebounded in 2016.

Data from the National Gambling Control Commission showed that the sector’s combined sales climbed 2.6 percent in 2016 to reach KRW1.28 trillion (US$1.14 billion).

For the third year in a row, Kangwon Land sales continue to outstrip the combined sales of the foreigner-only sector. Kangwon Land, the only gaming venue in which South Koreans are allowed to gamble, saw its sales rise to 4.3 percent year-on-year to reach KRW1.63 trillion last year.

The country had 17 casinos in 2016, including Kangwon Land.