Jeju Shinhwa World Casino. Photo by Yonhap News

Jeju Shinhwa World Casino. Photo by Yonhap News

View original image


[Asia Economy Reporter Kim Young-eun] Police are investigating after 14.56 billion KRW in cash disappeared from a casino in the Jeju area.


According to Jeju Shinhwa World, on the afternoon of the 4th, 14.56 billion KRW in cash stored at the Landing Casino operated by Lotte Entertainment Korea (Lotte Korea) went missing. Lotte Korea stated on the 6th, "We confirmed that 14.56 billion KRW in cash stored in the Landing Casino safe disappeared on the 4th and requested an investigation from the Seogwipo Police Station."


The Landing Casino is a casino venue operated by Lotte Korea, and all the missing money was in cash.


According to Lotte Korea, a foreign national employee A, who was managing the money, has been out of contact since leaving for vacation at the end of last year. Although the vacation period has ended, it is known that he has not returned to work or made any contact. The investigation authorities believe that A is currently staying in the Middle East.


After confirming the disappearance of the cash, Lotte Korea requested an investigation from the Seogwipo Police Station, and the police are currently analyzing CCTV footage installed at Shinhwa World.


According to Lotte Korea, the missing cash was money entrusted to Lotte Korea by its Hong Kong headquarters, not operating funds for the Landing Casino, and they explained that there is no significant impact on the immediate operation of Jeju Shinhwa World and the Landing Casino.



Jeju Landing Casino, which opened in March 2018, is the second largest casino in South Korea after Paradise City in Incheon.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing