SCCG · Licensing

Jeju Officials Set to Suspend Gold Mountain Casino Operations for Three Months Over Altered Equipment Claims

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Jeju Officials Set to Suspend Gold Mountain Casino Operations for Three Months Over Altered Equipment Claims
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Jeju’s Gold Mountain Casino faces a three-month gaming suspension for staff cheating three customers out of KRW100 million using altered equipment. Officials are reviewing mitigation claims but cannot exceed three months for a first offense. The administrative penalty runs independently of a criminal probe referred on September 11.

SCCG Take — This enforcement action signals zero tolerance for equipment tampering in Jeju’s foreigner-only sector, pressing operators to tighten internal audits or risk swift operational shutdown and potential revocation.

Jeju authorities are preparing to suspend gaming operations at Gold Mountain Casino for three months. The foreigner-only facility on South Korea’s holiday island faces the penalty after an investigation into staff using altered gaming equipment to cheat customers, as first reported by GGRAsia.

The Jeju Special Self-Governing Province Government obtained information that some staff cheated three Chinese customers out of approximately KRW100 million (US$75,598) during blackjack games on June 7 and 8. Initial reports cited a figure of KRW80 million. A three-month operational suspension is the standard first administrative penalty for this infringement, though the operator’s representations are still under review.

Investigation Details and Dual Tracks

A Jeju official confirmed the province is reviewing the casino operator’s representations. The official stated verbatim: “We are still reviewing the casino operator’s representations. Under existing regulations, we may reduce the three-month suspension if mitigating grounds are identified.” The province lacks power to extend a suspension beyond three months for a first infringement.

The same matter was referred to prosecutors in Jeju on September 11 for a separate criminal investigation. The province’s administrative penalty will be independent of the criminal investigation’s outcome or any subsequent court ruling. Gold Mountain Casino was previously known as Megaluck Casino under Hong Kong-listed New Silkroad Culturaltainment Ltd before its sale to local firm Geumsan Co Ltd in 2024. The province has held certain regulatory control over Jeju’s foreigner-only casino industry since 2009.

Where Enforcement Risks Accumulate

A second regulatory violation of this kind can result in full licence revocation, layering immediate operational loss with longer-term survival threats for the licensee. The independent tracks of administrative sanction and criminal referral leave limited room for operators to coordinate a single defense. Casino managers in this jurisdiction must now treat equipment integrity as a non-negotiable compliance priority to avoid crossing from suspension into permanent exit.

Reporting: GGRAsia

Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.

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