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Bloomberry’s Jeju Island Casino Suspends Operations for a Month

Tuesday, January 14th, 2020

Bloomberry’s Jeju Island Casino Suspends Operations for a Month

Philippine gambling operator Bloomberry Resorts Corporation announced earlier today that its only international casino Jeju Sun, located on the South Korean Jeju Island, is to be suspended for a one-month period. The suspension comes being a penalty imposed by the gambling that is local CRD after having a concluded research regarding the functions of the location’s previous handling group.

Bloomberry stated in A wednesday filing to the philippine inventory exchange that the investigation ended up being focused on the so-called ‘lvegas casino’ video gaming income tax repayment techniques, introduced by jeju sun’s past owners and administration.

The suspension are going to be effective as of Monday, November 16 and it is slated to end on Tuesday, December 15. Bloomberry noticed that the venue are ready to be relaunched on December 16, right in time for the upcoming holiday breaks tourist peak. Jeju Sun is being upgraded and will debut new and expanded existing facilities whenever it reopens doors for visitors

Bloomberry purchased the casino through its South Korean subsidiary Solaire Korea Co. Ltd. The venue had been then rebranded Jeju Sun Hotel & Casino.

The gambling operator stated in its filing that resort operations would not be affected throughout the one-month casino suspension that is upcoming. Bloomberry additionally noted it will use the period that is one-month complete the upgrade and renovation of the casino flooring and related facilities, along with the expansion of the ball space. (more…)