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The island’s casinos are owned and operated by the provincial government, and the current survey notes that not all Jeju residents are fond of the properties. Aside from the impending opening of Osaka’s IR, Kangwon Land also faces competitors from the increasing Philippine gaming sector and from the potential legalization of casino gaming in Thailand. "With a important investment, Kangwon Land hopes to turn from a casino operator into a resort complex operator," the outlet cited 1 source as saying. The South Korean government added benefits tremendously from gaming at Kangwon Land. The enterprise delivered the Korean government about $260 million in net proceeds. Osaka is just a quick flight from Seoul and other main Korean cities, with flight instances much less than two hours. Korean government officials say the $1.85 billion commitment to Kangwon Land is to diversify the resort and preserve its attractiveness as competition arises from Japan. The investment is the resort’s biggest allocation because Kangwon Land opened in 1998.

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