Bloomberry’s Jeju Island Casino Suspends Operations for a Month

Bloomberry’s Jeju Island Casino Suspends Operations for a Month

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

Bloomberry stated in A wednesday filing to the philippine inventory exchange that the research was worried about the so-called ‘lvegas casino’ gaming income tax payment techniques, introduced by jeju sun’s previous owners and management.

The suspension will be effective as of Monday, November 16 and it is slated to finish on Tuesday, December 15. Bloomberry pointed out that the location are quite ready to be relaunched on December 16, appropriate over time for the upcoming vacations tourist top. Jeju Sun happens to be being upgraded and will debut new and expanded facilities that are existing it reopens doorways 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 hotel operations would not be affected during the future one-month casino suspension system. Bloomberry also noted so it will use the period that is one-month finish the update and renovation of this casino flooring and related facilities, as well as the expansion regarding the ball room. Continue reading