Jeju Officials Set to Suspend Gold Mountain Casino Operations for Three Months Over Altered Equipment Claims
Jeju authorities plan to suspend Gold Mountain Casino for three months after staff allegedly used altered equipment to cheat Chinese customers.Summary
Jeju authorities are preparing to suspend gaming operations at Gold Mountain Casino, a foreigner-only facility on South Korea's Jeju island, for three months. An investigation found that staff used altered gaming equipment to cheat three Chinese customers out of approximately KRW100 million (US$75,598) during blackjack games on June 7 and 8, though initial reports cited KRW80 million. A three-month suspension is the standard first administrative penalty for this infringement, and the province is reviewing the operator's representations and may reduce the suspension if mitigating grounds are identified, but it cannot extend it beyond three months for a first offense. The matter was separately referred to prosecutors in Jeju on September 11 for a criminal investigation, and the administrative penalty will proceed independently of any criminal outcome. 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. A second regulatory violation of this kind could result in full licence revocation, and the independent administrative and criminal tracks leave limited room for a coordinated defense, making equipment integrity a critical compliance priority for casino managers.
(Source：Sccg Management)