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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 overseas casino Jeju Sun, located on the South Korean Jeju Island, will be suspended for the one-month duration. The suspension comes being a penalty imposed by the gambling that is local CRD following a concluded investigation associated with acts regarding the place’s previous handling group.

Bloomberry said in A wednesday filing towards the philippine inventory exchange that the research had been focused on the so-called ‘lvegas casino’ video gaming taxation payment methods, introduced by jeju sun’s previous owners and management.

The suspension system are going to be effective at the time 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 over 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 site visitors.

Bloomberry purchased the casino through its South Korean subsidiary Solaire Korea Co. Ltd. The place was then rebranded Jeju Sun Hotel & Casino http://4scasino.com/.

The gambling operator said in its filing that resort operations would not be impacted through the one-month casino suspension that is upcoming. Bloomberry additionally noted that it uses the period that is one-month complete the update and renovation for the casino floor and related facilities, along with the expansion for the ball space. (more…)