Kangwon Land Inc, operator of a tourism complex (pictured) with the only South Korean casino permitted to serve locals, saw its fourth-quarter sales reach just under KRW365.45 billion (US$256.0 million), up 6.0 percent year-on-year. For full-year 2025, Kangwon Land Inc’s sales amounted to nearly KRW1.48 trillion, up 3.5 percent year-on-year, as disclosed b the company earlier this month. In an earnings deck, the firm said fourth quarter gaming sales accounted for most of overall sales, at KRW325.6 billion. Kangwon Land Inc has budgeted KRW126.4 billion in operating investment in 2026, for “casino VIP floor renovation; second casino construction; resort room renovation and improvements; and gaming equipment replacement”. In August Kangwon Land Inc issued images of its plans for an under-construction new building, including a second casino.