Bloomberry’s Jeju Island Casino Suspends Operations for 30 days

Bloomberry’s Jeju Island Casino Suspends Operations for 30 days

Philippine gambling operator Bloomberry Resorts Corporation announced previous today that its only overseas casino Jeju Sun, situated on the South Korean Jeju Island, will be suspended for a one-month period. The suspension comes being a penalty imposed by the regional gambling regulator CRD after having a concluded research associated with functions of the venue’s previous handling team.

Bloomberry stated 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 are effective as of Monday, November 16 and is slated to get rid of on Tuesday, December 15. Bloomberry pointed out that the venue you will need to be relaunched on December 16, right in time for the holidays that are upcoming top. Jeju Sun is currently being upgraded and will debut brand new and expanded existing facilities whenever it reopens doorways for visitors.

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

The gambling operator said in its filing that hotel operations would not be impacted through the future one-month casino suspension system. Bloomberry additionally noted so it uses the period that is one-month finish the upgrade and renovation of this casino floor and related facilities, plus the expansion regarding the ball room. Continue reading Bloomberry’s Jeju Island Casino Suspends Operations for 30 days