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Korean companies may not be able to enjoy the benefits they have anticipated from Saudi Arabia’s NEOM project, as the Middle Eastern country appears to be scaling down the urban development project amid its prolonged financial difficulties, according to industry officials, Monday. Major construction firms in Korea initially sought to win large-scale orders for the…

Early morning frost has been detected on the peaks of massive volcanoes on Mars, an unexpected discovery about the dispersal of water on Mars that could one day prove essential for human exploration, scientists said. The early morning frost was spotted in images taken by the European Space Agency’s Trace Gas Orbiter, according to a…

The leaders of Korea and Turkmenistan agreed Monday to expand cooperation in large-scale energy and infrastructure projects, and work together for Seoul’s strategy for Central Asia. President Yoon Suk Yeol held a summit with Turkmen President Serdar Berdimuhamedow in the capital city of Ashgabat and adopted a joint statement outlining their cooperation for Seoul’s “K-Silk…

Singer Im Chang-jung, who prosecutors recently cleared of allegations involving a stock manipulation scandal, apologized to his fans. “I deeply apologize to everyone and my fans who have been hurt by my imprudent judgment over the past year,” Im said on his social media. He said, “Thanks to the long-standing love you have shown me,…

This summer will be a boon for piano enthusiasts, as Korean pianists of international acclaim are performing across the country. Opening the season is Lim Yun-chan, 20, who shot to fame after becoming the youngest winner of the Gold Medal at the 2022 Van Cliburn Competition in Fort Worth, Texas. The young virtuoso with a…

According to a recent report from northern Ontario, the gambling industry is enjoying the latest relaxed health and safety restrictions. Indicators suggest casinos in the region are welcoming back more and more customers, and numbers show the property is now showing an almost unprecedented performance of the situation. Despite the recent lax health and safety…

According to the New York State Game Commission, New York’s commercial casinos were quite busy in January this year. Regulators say casinos, not four tribes, saw a 12% increase in gambling revenue compared to January 2022. The number was the highest since the introduction of mobile sports betting. Currently, the state has four commercial casinos…

Deutsche Bank Securities estimated Macau’s total casino gaming revenue (GGR) for March would be just US$2.42 billion, up about 5.7% month-over-month from its February MOP tally of $18.49 billion ($2.29 billion). Still, Deutsche Bank’s GGR forecast for March “represents a sequential monthly drop of 2.2% per day,” Carlo Santarelli said in a note on Friday….