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Front view of Jeju Sun Hotel & Casino, Bloomberry’s only property in South Korea, now being sold.

Bloomberry Sells Jeju Sun Casino, Citing South Korea’s “Foreigners-Only” Gambling Policy

Bloomberry Resorts Corporation has announced the sale of its Jeju Sun Hotel & Casino in South Korea, citing the country’s “foreigners-only gambling” policy as a key barrier to profitability. The buyer, Kangwon Land Blue Mountain Co., Ltd., has paid a ₩500 million deposit. Bloomberry will withdraw from the Korean market to focus on expanding its Solaire projects in the Philippines, strengthening its position in Asia’s gaming sector.