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 earlier today that its only overseas casino Jeju Sun, on the South Korean Jeju Island, is to be suspended for a one-month duration. The suspension comes as being a penalty imposed by the gambling that is local CRD following a concluded investigation of this acts of the venue’s previous handling team.

Bloomberry said in A wednesday filing to the philippine inventory exchange that the research ended up being worried about the so-called ‘lvegas casino’ gaming taxation repayment practices, introduced by jeju sun’s previous owners and management.

The suspension system are 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 prepared to be relaunched on December 16, appropriate with time for the holidays that are upcoming top. Jeju Sun happens to be being upgraded and will debut brand new and expanded existing facilities whenever it reopens doors for visitors.

Bloomberry purchased 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 resort operations wouldn’t be impacted during the future one-month casino suspension system. Bloomberry additionally noted it will use the one-month duration to complete the update and renovation associated with the casino flooring and related facilities, plus the expansion for the ball space. Continue reading