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Bloomberry’s Jeju Island Casino Suspends Operations for 30 days

Thursday, January 16th, 2020

Bloomberry’s Jeju Island Casino Suspends Operations for 30 days

Philippine gambling operator Bloomberry Resorts Corporation announced earlier today that its only overseas casino Jeju Sun, on the South Korean Jeju Island, is to be suspended for a period that is one-month. The suspension comes as being a penalty imposed by the local gambling regulator CRD after having a concluded investigation of the acts associated with the venue’s previous managing team.

Bloomberry said in a filing to the philippine stock exchange that the investigation was concerned with the so-called ‘lvegas casino’ gaming tax payment practices, introduced by jeju sun’s previous owners and management wednesday.

The suspension is going to be effective as of Monday, November 16 and it is slated to end on Tuesday, December 15. Bloomberry pointed out that the venue are play pokies for free prepared to be relaunched on December 16, right over time for the holidays that are upcoming peak. Jeju Sun happens to be being upgraded and will debut new and expanded existing facilities whenever it reopens doors for site visitors.

Bloomberry purchased the casino through its South subsidiary that is korean Korea Co. Ltd. The venue was then rebranded Jeju Sun Hotel & Casino.

The gambling operator stated in its filing that resort operations wouldn’t be affected through the one-month casino suspension that is upcoming. Bloomberry also noted it use the one-month duration to finish the update and renovation for the casino floor and associated facilities, along with the expansion of the ball space. (more…)