Native name
|
주식회사 강원랜드 |
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public state-owned enterprise | |
Traded as |
KRX: KRX 100 Component |
Industry | real estate development |
Founded | June 29, 1998 |
Headquarters | 265 High1-gil, Jeongseon-gun, Gangwon-do |
Key people
|
Hahm Sung-hee (CEO) |
Owner |
Ministry of Trade, Industry and Energy, through (36.27%) Provincial Government of Gangwon-do, through (6.11%) National Pension Service (5.58%) |
Subsidiaries | High1 Entertainment Inc. High1 Sangdong Theme Park Inc. High1 Choochoo Park Inc. |
Website | kangwonland |
Kangwon Land | |
Hangul | 강원랜드 |
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Kangwon Land | |
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Address | 265 High1-gil, Jeongseon-gun, Gangwon-do |
Opening date | October , 2000 |
No. of rooms | 676 |
Permanent shows | Magical Box |
Signature attractions | Multimedia Fountain |
Notable restaurants | World Fusion Restaurant, Mint Bar, Restaurant PANGE, Crystal Lounge, Summitas Club & Lounge, Free drinks bar |
Casino type | Land |
Architect | Wimberly Allison Tong & Goo |
Website | http://www.high1.com/ |
Kangwon Land (hangul:강원랜드) is a South Korean casino and resort company based in Gangwon Province, South Korea. The Company develops abandoned mines and builds gaming and entertainment facilities. Kangwon Land operates a number of game tables and slot machines for domestic and international customers under its gaming licenses.
Kangwon province where Kangwon Land is located, was well known as a coal mining area. It once experienced a “coal rush” when coal was used as a major national energy source during 1970 to 1980s. The Kangwon province had experienced devastating economic downturns since coal was replaced by gas and oil in the 90s. The Korean government tried to introduce several alternatives to revitalize the local economy, but the community repeatedly and vigorously requested a domestic casino, and it became authorized in December 1995.
In October 2000, when Kangwon Land first opened to Korean citizens as well as to international tourists, it had one hotel with 199 rooms and a casino that had only 30 table games and 480 slot machines.
Kangwon Land operates two hotels with 674 rooms, two condominiums with 403 rooms, an 18-hole golf course, a ski resort with 18 slopes, and a casino with 132 table games and 960 slot machines on 2,800 acres of land. The effort to diversify sales continues today, as Kangwon Land is constructing a new convention hotel and 2 more condominiums. A new water park is scheduled to open in 2015 to complete the family-oriented year round comprehensive resort.
Kangwon Land offers a scholarship to students in abandoned mine areas and also spends 2 billion won each year to treat pneumoconiosis patients and support their livelihood.
Kangwon Land Casino is located at the foot of High1 Ski and Golf Resort in Sapuk-eup, Jeongseongun, South Korea. It is the largest casino in the country and accounts for about half of the total gambling revenue annually. Kangwon Land Casino is currently the only Korean casino that allows the country's denizens to play, but also caters to a high number of foreign visitors.
The casino itself covers a gross floor area of 27,291 square meters and houses 200 gaming tables and 1,360 slots and video gambling machines. The Summitas Club is a special place of distinction for casino VIPs only and is open from 10am until 6am seven days a week.
- Table games varieties: Blackjack, Baccarat, Roulette, Craps, thirty Big Wheels – 5 kinds.
- Slot machines varieties : 480 slot machines – 99 kinds
- Age limit : from age 19 and up (verification of identity is mandatory)
- Taking pictures in the casino and/or admission after drinking alcohol is strictly forbidden