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Examining the Validity of New Foreigners-Exclusive Casino License Permit

  • Journal of Tourism Sciences
  • Abbr : JTS
  • 2010, 34(8), pp.211-230
  • Publisher : The Tourism Sciences Society Of Korea
  • Research Area : Social Science > Tourism

Seo, Won Seok 1 이민재 1 정희진 1

1경희대학교

Accredited

ABSTRACT

This study identifies the factors affected on the number of foreigners- exclusive casino visitors and total sales. It also predicts the casino demand using time series analysis and multiple regression. Results show that in 2005 projected number of foreigners-exclusive casino visitor would be 1.9 million and total sales would be 770 billion KW. Results also indicate that gross national income(GNI) per capita of China is the only significant factor on the number of casino visitor, while exchange rate of KW and Yen and GNI per capital of China are significant factors on casino sales. Along with such quantitative analysis, case studies are also performed to propose the supplementary permission of foreigners-only casinos as an inbound tourism attraction. The underlying policy of newly developed casinos in Singapore and the effect of new entrants, Sevenluck casinos, on the operation of existing casinos in Korea were also discussed.

Citation status

* References for papers published after 2023 are currently being built.