Gangwon Blue Mountain
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Bloomberry agrees to sell Jeju Sun casino business to Gangwon Blue Mountain
Bloomberry Resorts’ South Korean subsidiary Golden & Luxury has agreed to sell a new company holding the Jeju Sun casino business to Gangwon Blue Mountain, following a demerger. The buyer paid KRW500 million upfront, but completion remains conditional on the demerger and regulatory approvals. Jeju Sun recorded PHP2.5 million in second-quarter gross gaming revenue, down from PHP35.7 million in the same period of 2024.
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