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Yangyang County announces planned airport tourism MOU with Kangwon Land

Business

Yangyang County said four organisations plan to sign an MOU to support Yangyang International Airport and tourism in Gangwon. The proposed work includes attracting air routes, developing tourism and MICE products, and joint marketing; Kangwon Land plans packages featuring High1 Resort and is considering discounts for airport users.

The proposed packages and possible discounts could connect airport travellers with Kangwon Land’s High1 Resort facilities.

End-of-day close Kangwon Land (035250), KRW, to 12 November 2026
Story date28 September 202612 November 2026

Latest reported results

Kangwon Land KRX: 035250

Quarter ended 30 June 2026

Revenue
KRW 345.55bn

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Regulation

South Korean community group urges government to lift Kangwon Land caps

A community group representing four areas in Gangwon Province has urged South Korea’s government to remove or raise Kangwon Land’s revenue cap and ease visitation restrictions. The group argued that the limits weaken the casino’s ability to compete ahead of MGM Osaka’s scheduled 2030 opening; South Korean residents may visit Kangwon Land 15 times a month, and those exceeding 60 days a year must complete responsible-gambling education.

A Gangwon Province community group has urged South Korea’s government to remove or raise Kangwon Land’s revenue cap and ease visitor restrictions, citing competition from MGM Osaka’s planned opening in 2030. The Joint Committee for the Revitalization of Gohan, Sabuk, Nam-myeon and Sindong represents residents of those four areas.

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