The casino operator takes a hit from COVID-19, but not as big as it could have been.
The casino operator is selling Stepwide Developments for $15.5 million as it looks to cut losses from the coronavirus pandemic.
Landing International Development completes a share placement that helps it bring in around $17.6 million to help it with the struggling Jeju Shinhwa World integrated resort.
The South Korean gambling hotspot has run into difficulty as two casino operators find themselves in financial trouble.
Two individuals claiming an ownership stake on the gaming company decide not to push the issue further.