Jeju WanLi Casino to suspend operations from Oct 31 until Dec 31, says local government
Soft-launched in September after Sheraton Jeju reopening; grand opening has been delayed.
Key Takeaways
- Jeju WanLi Casino will suspend operations from October 31 until December 31 inclusive.
- The venue recorded between 200 and 300 customers daily since a soft launch on September 2.
- Gil Sang Chang Hui LLC operates the casino and appointed Vincent Loi as chief operating officer in August 2025.
- A planned mid-October grand opening did not take place and the suspension notice did not specify exact reasons.
Jeju WanLi Casino will suspend operations from Saturday, October 31, until December 31 inclusive, the Jeju government confirmed to GGRAsia. The venue reported daily customer numbers of between 200 and 300 since a soft launch on September 2.
Operations paused until Dec 31
The government official said the casino filed a suspension notice covering operations through December 31 and did not specify exact reasons for the halt. The official suggested the likely causes were “internal management strife” and “financial difficulties.”
“The casino has filed a suspension notice for up to December 31 to the Jeju government, but has not specified the exact reasons for suspension,” the official told GGRAsia.
The suspension begins on October 31 and covers the two-month period through the end of 2026.
Background and management
Jeju WanLi Casino operates as a foreigner-only gaming venue on Jeju island and is run by Gil Sang Chang Hui LLC, a partnership company. The casino sits on the site of the former Gongzi Casino and reportedly had a soft launch on September 2, a day after the reopening of its refurbished host property, the Sheraton Jeju Hotel. A separately-branded hotel at the location closed in early 2025 ahead of the renovation; the casino under Gonzi branding had paused from early November 2024.
Gil Sang Chang Hui LLC appointed veteran executive Vincent Loi as chief operating officer in August 2025. According to his LinkedIn profile, Mr Loi served as associate senior vice president of international marketing at Hoiana Resort & Golf from May 2023 to November 2024.
A planned grand opening that had been announced for mid-October has not taken place. Jeju has retained certain regulatory control over the island’s foreigner-only casino industry since 2009. GGRAsia has approached the casino’s management seeking comment on the suspension and its causes.
For reporting on local casino moves and regulatory developments, see related news and the island’s rules for the foreigner-only casino sector. The postponed grand opening remains unscheduled.
Frequently Asked Questions
When will Jeju WanLi Casino suspend operations?
The casino will suspend operations from Saturday, October 31, until December 31 inclusive, according to the Jeju government.
How many customers did Jeju WanLi Casino receive after its soft launch?
The Jeju government said the venue received as many as 200 to 300 customers daily following its soft launch on September 2.
Who operates Jeju WanLi Casino and who is its COO?
Jeju WanLi Casino is operated by Gil Sang Chang Hui LLC, which appointed Vincent Loi as chief operating officer in August 2025.
Has the casino given reasons for the suspension?
The casino filed a suspension notice to the Jeju government but did not specify exact reasons; the government official cited likely "internal management strife" and "financial difficulties."
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Marcus Webb
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Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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