(AsiaGameHub) - Authorities in South Korea have launched a new initiative to combat underage gambling, introducing a fresh amnesty period for addicted youth and implementing stricter penalties for illegal operators who target minors.
Last December, the South Gyeongsang Provincial Police initiated a similar amnesty, encouraging young residents to surrender voluntarily in exchange for cautions or reduced punishments.
Following the conclusion of that program on February 28, officials declared it a success, noting that six teenagers had come forward to confess.
According to reports from the local news agency Newsis, the same police department has decided to renew the initiative.
Residents under the age of 19 within the province are encouraged to report themselves to the authorities before the June 30 deadline.
In addition to the possibility of lenient sentencing, police confirmed that youth struggling with online betting will be provided with "guidance and recovery-focused treatment."
This phase of the program also invites parents and guardians to contact the police if they suspect their children have developed gambling habits.
South Korean Amnesty: Support for Gambling Addiction is Available
Officials stated that specialists from the Gyeongbuk Gambling Problem Prevention and Treatment Center will conduct dedicated sessions for those who come forward.
Police noted that participants might be "dismissed with a warning" or referred to summary courts if their infractions are considered minor.
In the South Korean legal system, summary courts oversee minor offenses and typically issue small fines. Notably, these cases do not result in a permanent criminal record for the individual.
Authorities added that even individuals with prior offenses could be granted clemency if they take advantage of the amnesty period.
Those who surrender during this window may also receive a formal letter from the School Police Officer’s department.
This specific department has the authority to petition the judiciary for leniency in instances where they believe a gambling offender has shown genuine reform.
“This amnesty offers young people addicted to online gambling a chance to understand the risks involved,” a spokesperson commented. “It is an opportunity for them to return to a normal, healthy life. The support programs offered by the police and specialized agencies will be highly beneficial.”
“We urge young people to make the brave choice to come forward,” the spokesperson added. “We are here to help them move past their struggles with online gambling.”
Judiciary Introduces Stricter Sentencing Guidelines
At the same time, the judicial branch is moving to strengthen the standards used to penalize gambling operators who exploit minors.
As reported by Money Today, courts are being advised to issue longer prison sentences for these crimes.
The South Korean Supreme Court. (Image: Seoul Institute [CC BY 4.0])
The Sentencing Commission of the Supreme Court has approved updated guidelines that are set to take effect on July 1.
While these guidelines are not legally binding in the same way as statutes, they carry significant weight and are highly influential for lower court rulings.
The commission explained that the increased sentencing standards are intended to "address the damaging impact of illegal gambling that targets the youth."
Under these new rules, operators of unlicensed casinos can expect prison terms ranging from 10 months to two years in standard cases.
For more aggravated offenses, the commission has recommended jail sentences between 18 months and four years.
Updated Rules for Financial Crimes and Money Laundering
The commission also revealed new protocols for other gambling-related violations, financial crimes, and money laundering.
Furthermore, the body advised the judiciary to ignore "surprise deposits" when evaluating cases of investment fraud or gambling scams.
This refers to instances where suspects send unsolicited "refunds" to victims during a trial in an attempt to gain the court's sympathy and a lighter sentence.
In separate news, the South Korean casino firm Lotte Tour Development announced that its sales for March exceeded 50 billion won ($33 million) for the first time in the company's history.
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(SeaPRwire) - 据路透社报道，伊朗司法机构的米赞新闻社周日表示，伊朗伊斯兰共和国处决了两名被定罪于一月试图冲击军事设施并进入军械库的男子。一个名为Iran Human Rights的组织表示，伊朗新闻机构报道称，这两名名为穆罕默德·阿明·比格拉里和沙欣·瓦赫德帕拉斯特·科洛尔的个人于4月5日被处以绞刑。据Hengaw Organization for Human Rights称，19岁的计算机科学学生比格拉里和30岁的科洛尔于1月8日在首都德黑兰镇压抗议者的行动中与其他几人一同被捕。该组织指出，他们面临的指控包括"'敌视真主（moharebeh）、败坏大地、焚烧公共设施以及集会与共谋危害国家安全罪'"。Iran Human Rights指出，援引米赞新闻社的报道，另一名于1月8日被捕的18岁青年阿米尔侯赛因·哈塔米于4月2日被处以绞刑。Hengaw Organization周一指出，同样在1月8日被捕的23岁青年阿里·法希姆于4月6日被处决，并解释说米赞新闻社证实了此次处决。"这些处决是伊斯兰共和国生存战略的一部分，是在外部冲突的阴影下向其本国人民发动的战争，" Iran Human Rights 主任马哈茂德·阿米里-莫加达姆指出。"国际社会必须紧急作出回应。囚犯的处境以及该政权系统性地将死刑用作政治镇压工具，必须成为与伊朗伊斯兰共和国进行任何谈判或接触的核心条件。"这些处决发生之际，美国和以色列正继续对伊朗发动战争。在周日的一篇Truth Social帖子中，唐纳德·特朗普总统威胁将于周二攻击伊朗的电力基础设施和桥梁。他要求伊朗开放霍尔木兹海峡。"周二将是伊朗的发电厂日和桥梁日，合二为一。这将是无与伦比的！！！打开他X的海峡，你们这些疯狂的混蛋，否则你们将生活在地狱里——等着瞧吧！赞美真主，"总统宣称。本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。
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PHILADELPHIA, PA, Apr 6, 2026 - (ACN Newswire via SeaPRwire.com) - Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a leader in AI-driven data valuation, monetization, credentialing, digital engagement, and real-world asset (RWA) tokenization technologies, today announced that CEO Nathaniel T. Bradley will deliver high-impact keynote presentations at two premier European financial innovation events this spring.On April 22, 2026, Bradley will headline CONV3RGENCE London & The Digital Commonwealth Awards 2026 at the historic Mansion House in London as Flagship Partner. One month later, on May 21, 2026, he will take center stage as Main Strategic Partner at AssetRush × Zurich 2026, GenTwo's flagship "festival of financial innovation" at Kaufleuten Zurich, delivering the opening speech and a major talk on the future of tokenized assets.These back-to-back European keynotes build on Bradley's upcoming presentation at XRP Tokyo 2026 on April 7, where he will showcase the capabilities of Datavault AI's patented Information Data Exchange® (IDE®), DataValue®, DataScore®, and Data Vault Bank® AI Agent technologies to an international audience, highlighting data-driven RWA tokenization opportunities on the XRP Ledger."Europe is ready for the quantum leap into RWA innovation, and Datavault AI is bringing the breakthrough technology to make it happen," said Nathaniel T. Bradley, CEO of Datavault AI. "From London's global financial powerhouse that is finding Web 3.0 to be the new economic engine away from perpetual debt models, to Zurich's fintech epicenter, we're demonstrating how our AI-powered platform delivers tokenized, transparent, and cyber secure ownership in real-world assets. From strategic minerals and precious metals to real estate and name image likeness, Europe is asset rich. These keynotes are more than speaking slots-they're launchpads for new partnerships, capital, and explosive growth across the continent."At both events, Bradley will spotlight how Datavault AI's proprietary smart-contract infrastructure and AI agents are redefining RWA tokenization: creating verifiable digital twins, AI-driven valuations, and production-linked revenue participation that turn illiquid physical assets into 24/7 globally accessible digital securities. AssetRush × Zurich 2026, in particular, aligns perfectly with Datavault's momentum in tokenizing high-grade U.S. and international mineral resources, offering a prime stage to connect with European investors hungry for compliant, high-upside RWA opportunities.These appearances cement Datavault AI's position as the go-to infrastructure provider for institutional-grade RWA tokenization and accelerate the Company's global leadership and expansion of patented systems across Asia, North America, and now Europe's most influential financial innovation forums.About Datavault AI Inc.Datavault AI™ (NASDAQ:DVLT) is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions.Datavault AI's Acoustic Science Division features WiSA®, ADIO®, and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation.The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring.The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at www.dvlt.ai.Forward-Looking StatementsThis press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding future events; the Company's anticipated keynote presentations at CONV3RGENCE London and AssetRush × Zurich 2026; the expected commercial, strategic, and partnership outcomes of the Company's participation at these events; the Company's ability to expand into European markets; and the anticipated benefits of the Company's RWA tokenization technologies and AI-driven platform, are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain.Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: changes in market demand for Datavault AI's services and products; changes in economic, market, or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; risks associated with technological development and integration; the ability of Datavault AI to develop and successfully market technologies; the risk that Datavault AI has overestimated the size of the target market, willingness to adopt new technologies, or partnerships; and other risks and uncertainties as more fully described in Datavault AI's filings with the U.S. Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the year ended December 31, 2025 and other filings that Datavault AI makes from time to time with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments it may make.Media ContactAlan WallaceHead of Public Relationsmarketing@dvlt.ai+1.267.817.7251Investor ContactEdward BargerVP, Investor Relationsir@dvlt.aiebarger@dvlt.aiSOURCE: Datavault AI Inc Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
(AsiaGameHub) - If the latest poll from Ipsos is any indication, the initial enthusiasm for legalized gambling in the United States might be waning. The survey indicates that a significant majority of Americans (56%) now believe sports betting compromises the integrity of sports, a figure that has risen by seven points since November 2025 and 19 points since 2023.
The poll, which surveyed 1,020 U.S. adults between March 20 and 22, revealed that opposition to online or app-based sports betting within one's state now surpasses support, with 44% opposing compared to 25% supporting. This marks a first since Ipsos started monitoring the issue.
Even among individuals who identify as sports fans, opposition to permitting online or app-based sports betting in their state is higher than support, at 47% versus 31%.
Approximately half of Americans now perceive sports betting as having a detrimental effect on bettors (52%), society (50%), college athletes (47%), and professional athletes (46%).
With the experience of watching sports increasingly resembling being in a sportsbook, the poll indicates widespread frustration among Americans, with 46% favoring a federal prohibition on sports betting advertisements during games.
These findings suggest the industry is grappling with a significant reputational challenge as public confidence steadily declines.
Growing Skepticism Among Americans Regarding Sports Betting
The primary findings from Ipsos imply that the discussion surrounding sports betting has evolved beyond mere consumer choice or entertainment considerations.
Americans are almost equally split between those who believe individuals should have the freedom to gamble on sports and spend their money as they wish (50%) and those who contend that sports betting is harmful due to its promotion of addictive behaviors (47%).
These results mark a distinct change from previous years, when roughly three out of five Americans supported the idea of individuals being free to gamble as they chose.
Official sports betting participation among Americans has also decreased, with only 8% reporting having placed an official bet on a live sporting event online or via an app in 2025. This figure represents a decline from 15% in November 2025 and 11% in February 2025.
In-person betting participation also experienced a decline, falling from 10% in November 2025 to 4% since the start of 2026.Nevertheless, 3% of Americans indicated they had purchased a sports event contract via a prediction market this year, suggesting this emerging form of wagering might have influenced the reported figures for conventional sports betting.
Consistent Concerns Revealed by Multiple Recent Polls
The Ipsos poll aligns with a broader trend of a growing credibility deficit observed in various significant studies. Over the past year, multiple scandals within U.S. professional sports leagues have led the public to doubt the influence of betting on the impartiality of the competitions they follow.
Speaking to CasinoBeats, sports integrity expert Rodrigo Arias Grillo stated that a loss of fan trust in a sport can have devastating consequences. He cautioned:
Should stakeholders begin to perceive competitions as compromised, it fundamentally damages the essence of any sports association.
Arias Grillo cited Italy’s 2006 Calciopoli scandal as an illustration of the repercussions when fans lose faith in a league. Following the revelation of match manipulation involving club officials and referees, Italian soccer's reputation suffered significantly.
Although no U.S. sports league has yet reached the degree of distrust observed in Italy's Calciopoli scandal, recent polling indicates that organizations like the NBA, MLB, NCAA, and others should heed fan sentiment regarding these issues.
Multiple polls have demonstrated a decrease in confidence in athletic competitions due to sports betting:
NBC News Decision Desk: A poll released in December 2025 revealed that 70% of Americans somewhat or strongly concurred that betting diminishes game integrity.
YouGov: This survey, published in early November, indicated that 65% of the public thinks athletes occasionally or frequently modify their performance to favor bettors.
Sacred Heart University: A poll released in mid-November demonstrated that 79.1% of sports bettors lost trust in the NBA after recent investigations.
The consistent findings across these polls imply that Americans are experiencing more than just scandal fatigue; increasingly, it appears that professional sports leagues in the U.S. are facing a credibility crisis.
As Arias Grillo noted, once widespread suspicion takes root, restoring trust among fans and stakeholders becomes considerably more challenging.
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(AsiaGameHub) - Prediction market leader Polymarket encountered a wave of backlash on Friday after introducing an event contract concerning the outcome for a missing U.S. service member in Iran.
The prediction exchange listed a “US confirms pilots rescued by…?” market shortly after news broke that an American F-15E Strike Eagle was downed over Iran on April 3. Both crew members were subsequently recovered in separate U.S. rescue missions.
Backlash was immediate as news of the market spread on social media, with U.S. Rep. Seth Moulton (D-MA) publicly criticizing the platform on X for offering the contract.
There is an ongoing search and rescue operation for a missing American service member whose plane was shot down over Iran. Their safety is unknown. They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved.This is… pic.twitter.com/sMuS1x6YbL— Seth Moulton (@sethmoulton) April 3, 2026
He termed the contract a “dystopian death market,” called it “disgusting,” and drew attention to Polymarket’s association with Donald Trump Jr., who could potentially have access to classified, non-public information regarding the pilot’s status.Referencing Trump Jr. alluded to the widespread concern that insiders are earning profits from these markets. Two prominent instances of suspected insider trading on Polymarket involved the apprehension of Nicolás Maduro by U.S. forces, which yielded a six-figure payout following bets placed at suspiciously opportune times, and joint U.S.-Israeli strikes on Iran, where traders gained over a million dollars.
Amidst the criticism, Polymarket acted quickly to remove the market, stating it “does not meet our integrity standards” and noting that it was looking into how the market was authorized.However, Moulton was not satisfied with this response, pointing out other war-related markets still on the site: “There are still 219 war bets active on your platform,” and insisting that Polymarket should “remove these immediately.”
Social Media Debate Regarding Boundaries & Double Standards
The response to the contract was swift on X, with critics arguing that betting on a missing pilot’s fate crossed a moral boundary. On the other hand, some dissenters noted that the market did not breach Polymarket’s terms of service and questioned the rationale for its removal.
Kalshi promptly addressed Polymarket’s listing by mirroring Moulton’s language and calling it “disgusting,” while stating that a similar market “would never be allowed on Kalshi or any other regulated platform.”
This is disgusting. Would never be allowed on Kalshi or any other regulated platform. pic.twitter.com/jcCyFMKAT2— Elisabeth Diana (@ediyork) April 3, 2026
Nevertheless, some X users highlighted what they view as hypocritical double standards within the prediction market industry, where certain contracts are considered acceptable depending on the identity of the individuals involved in the wagers.
They pointed to previous contracts associated with war and humanitarian crises and accused those criticizing Polymarket’s contract of selective outrage. One specific example they provided was a Kalshi contract that asked, “Will the IPC classify Gaza as experiencing famine in 2025?”, which enabled users to trade on the potential mass starvation of civilians and resolved to Yes in August 2025.
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Independent Film Company/Shudder(SeaPRwire) - 到底有谁会想翻拍《Faces of Death》？虽然从技术上讲，它是一个恐怖系列——1978年至1999年间共发行了八部作品，且全部直接发行录像带——但该系列并非以角色、背景设定或特效而闻名。《Faces of Death》纯粹是一个令人作呕的怪胎，它是意大利“Mondo”电影的美国版本，模糊了20世纪60年代和70年代纪录片与剥削电影之间的界限。本质上，它只是一部片段集锦，由一位旁白串联起各个片段，并声称你即将看到的一切都是真实的。（事实并非如此，我们稍后再谈。）它没有任何真正的艺术性，只是一连串声称展示鳄鱼咬死人、车祸、电椅处决、枪击以及一场特别恐怖的跳伞事故的画面，中间穿插着法医和以近距离目睹死亡为生的职业杀手的采访。你可能会问：“那又怎样？我每天都能在网上免费看到陌生人死亡。”这正是这部全新的、虚构化的系列电影存在的理由。它被重新构想为一种评论，探讨人们全天候接触人类最恶劣冲动的视频证据，是如何侵蚀美国社会结构的。这部电影切入该主题的方式在当下看来是意料之中的：Barbie Ferreira饰演Margot，一名年轻女性，在一家名为Kino的类似YouTube的网站担任内容审核员，做着一份毫无前途的工作。（平心而论，这部电影拍摄于2023年，早于《American Sweatshop》和《Red Rooms》等同样涉及类似题材的电影。）Margot工作的早期场景突显了这些平台“社区准则”的虚伪和不真诚：例如，她删除了一个关于如何使用纳洛酮（Narcan）的说明视频，借口是它“助长吸毒”，同时却保留了一个血腥的斩首视频，因为在她的雇主看来，所有暴力在被证实为真之前都是假的。Barbie Ferreira在《Faces of Death》中看到了无法忘怀的画面。 | Independent Film Company/Shudder对于她那冷漠的老板Josh（Jermaine Fowler）来说——他同样选择无视员工在休息时间吸毒和发生性关系以寻求慰藉——证明互联网上的任何东西是真实的都变得非常困难。尽管如此，出于电影过程中逐渐明朗的原因，Margot感到有一种道德责任，去查明她桌面上那一连串看起来非常真实的视频是否如她所想。她认为那些是虐杀电影（snuff films），而Reddit（是的，就是那个真实的网站）上的评论者告诉她，这些视频与原版《Faces of Death》中的片段惊人地相似。关于“Faces”是什么以及它是如何运作的讨论——Margot的恐怖片影迷室友将其描述为“互联网出现之前的第一个病毒视频”，这并不完全错误——是新版《Faces of Death》中最令人尴尬的部分。然而，这种不适感是暂时的，编剧Daniel Goldhaber（同时担任导演）和Isa Mazzei尽职尽责地履行了他们的系列电影义务，随后回归到他们真正的项目：制作一部现代剥削恐怖片，探讨互联网是如何让世界上相当一部分人口相信他们周围的人并非完全是人类的。你可以在网上的“NPC”言论中看到这种现象，也可以在这部电影中看到：一名从作为反派虐待窝点的匿名豪宅中逃出来的角色，跑向一对正走回车里的母子并乞求帮助。她浑身是血，气喘吁吁，显然陷入了困境。在一个正常的社会里，他们会让她上车，但在《Faces of Death》中，他们把她丢下，开车疾驰而去。电影里的警察也毫无用处，正如现实生活中经常发生的那样；权威总体上是懒惰和冷漠的，就像Margot的同事Gabby（Charli XCX）一样，她在吸食电子烟的间隙对着血腥视频发出咯咯的笑声。除了Margot之外，《Faces of Death》中唯一似乎关心任何事情的人是电影的反派Arthur Spevak（Dacre Montgomery），他以艺术家的热情和洞察力对待他那令人毛骨悚然的“工作”。Montgomery那种矫揉造作的表演融合了伟大的连环杀手形象：他似乎仔细研究了《沉默的羔羊》中的Ted Levine和《猎人》中的Tom Noonan，尽管这可能只是因为他在几个关键场景中头上套着连裤袜。红色的隐形眼镜和一张空白、毫无特征的白色面具完成了令人震惊的效果。当《Faces of Death》在最后半小时进入高潮时，Montgomery在空荡荡的住宅区跟踪Ferreira的场景显得格外紧张和具有威胁性。这不是虐杀电影，它只是看起来像而已。 | Independent Film Company/Shudder然而，对于真正的剥削电影爱好者来说，《Faces of Death》最引人注目的地方不在于其阴郁、愤世嫉俗的世界观，也不在于它对原版《Faces of Death》VHS录像带中那些被证明是真实谋杀案的“重现”的再创作。而在于这部电影看起来确实像一部虐杀电影——或者至少是我们所有人假设如果虐杀电影真的存在时它们应该有的样子。（关于这一点，目前尚无定论。）人体模型、塑料布、胶带和刺眼的泛光灯营造出一种堕落和迫在眉睫的暴力氛围，这种感觉因Goldhaber和摄影指导Isaac Bauman决定使用颗粒感十足的35mm胶片拍摄而得到增强。结合DSLR素材、像素化的数字视频以及原版《Faces of Death》的16mm碎片，这一切看起来就像你不应该看到的东西，精准地产生了你在观看这类电影时应该有的不安感。Goldhaber和Mazzei似乎对审视自己在制作这部电影时所扮演的助长暴力文化的角色并不感兴趣，这没关系；Michael Haneke和《趣味游戏》已经存在了，所以没有必要重新发明那个轮子。他们感兴趣的是自这种格式发明以来就一直困扰着剥削电影制作人的追求，即将大多数人不想谈论的热点问题转化为令人反胃、道德上值得怀疑的娱乐。如果这部电影没有让你看完后觉得需要洗个澡，那它就是失败的。幸运的是，这里的“恶心感”确实存在。由Shudder和Independent Film Company出品，《Faces of Death》将于4月10日在影院上映。本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。
分类: 头条新闻,日常新闻
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(AsiaGameHub) - Lotte Tour Development, which operates the Jeju Dream Tower integrated casino-resort, has recorded March sales exceeding the 50 billion won ($33 million) threshold for the first time in its history.
According to South Korean newspaper Chosun Ilbo, the company stated that strong performance in the casino segment drove improved earnings.
Last March, the firm generated casino and hotel revenues of 52.6 billion won—nearly $35 million.
This marks a 15% increase compared to February’s figures and a 22% rise over March 2025 revenues.
March is traditionally regarded as the off-peak season in South Korea, coming right after the Lunar New Year holiday period wraps up.
This usually leads to a slowdown in visitor numbers from East Asian countries like China and Japan, resulting in lower casino footfall.
“Last year, our monthly sales only hit the 50 billion won range in May,” a Lotte Tour Development spokesperson said. “But this year, we’ve reached that milestone two months earlier. This is blurring the line between peak and off-peak seasons.”
Casino revenue rose by 24% month-on-month in March, which also represented an approximately 25% increase over the casino’s March 2025 figures.
Inside the Lotte Dream Tower Casino-Resort in Jeju, South Korea. (Image: @chuntingqunar/YouTube/Screenshot)
Dream Tower Casino: Record-breaking March
Dream Tower Casino’s table drop figures also climbed 25% month-on-month, while visitor numbers increased by 22% from February to reach 53,587.
Hotel room occupancy rates rose to more than 73%.
In its recently released annual earnings report, Lotte Tour Development revealed it had ended a four-year streak of financial losses, with casino footfall up 62% compared to FY2025.
The company also posted an all-time revenue high of $433 million, a year-on-year increase of nearly 39%.
However, this positive news failed to impact the company’s share price. Over the past month, South Korean casino operators’ share prices have been in freefall amid a market slowdown.
Lotte Tour Development’s share prices are down more than 17% over the past five days.
Lotte Tour Development share prices have fallen by over 15% over the past month on the Korea Exchange. (Image: Google Finance)
Share Prices Sliding
Rivals like Paradise (operator of the Incheon-based Paradise City casino-resort) have also seen their share prices slip. Paradise’s shares are down 12% over the same period, while Kangwon Land’s share prices have fallen by almost 7%.
The Dream Tower casino opened in 2020 in Jeju, a popular destination for Chinese tourists.
The subtropical island province now hosts eight casinos that cater exclusively to foreign passport holders.
However, police report that gambling-related crime is spiking on the island. Detectives say illegal currency exchanges are popping up around casino hotspots.
Police also arrested several Chinese individuals following what they described as a “riot” at a Jeju casino in September.
A brawl involving around 50 people broke out after a Chinese casino patron accused a dealer of rigging a table game.
Several casino employees were also involved in the fracas, police officials said. Many Chinese gamblers stated they had instinctively rushed to the aid of their fellow countrymen.
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TOKYO, Apr 6, 2026 - (JCN Newswire via SeaPRwire.com) - JFE Holdings, Inc. (JFE) and Mitsubishi Corporation (MC) are pleased to announce that we have signed a Second Memorandum of Understanding (Second MOU) at the end of March, of this year toward the joint development of a power business and data center project in the Ohgishima, Keihin District. Under the Second MOU, the companies will advance the business plan with the goal of entering into a joint venture agreement.In March 2025, JFE and MC signed an initial Memorandum of Understanding to explore the feasibility of a joint venture. Over the following year, the two companies conducted foundational technical and commercial assessments of an integrated power and data center project together with MC Digital Realty, Inc.(*1) (MCDR), leveraging the distinctive advantages of the Ohgishima Area which include a large-scale site strategically located approximately 20 km from central Tokyo and a stable power supply from JFE’s captive power plant.Following confirmation of the feasibility of the concept to construct and operate a data center on 5 hectares of land, utilizing the adjacent JFE's captive power plant in the Ohgishima Area, which has a generating capacity of 190 MW, the companies have decided to proceed to the concretization phase of a joint venture encompassing both the data center and power businesses.For JFE, commercialization of the data center under consideration is a key initiative under its Eighth Medium-Term Business Plan(*2) toward realizing the land use concept outlined in "OHGISHIMA 2050"(*3) and the goals of "JFE Vision 2035." JFE will commence land development at the candidate data center site and proceed with planning for the construction of the necessary infrastructure.MC positions data centers and power, both of which are indispensable to the advancement of AI, as “AI infrastructure.” The company views this plan to develop these facilities in areas of large-scale land use conversion project to be a strong example of meeting the need to repurpose former industrial land and construct next-generation industries. Leveraging its broad industrial portfolio and accumulated expertise across diverse businesses, MC will work jointly with JFE to further develop the plan.JFE, MC, and MCDR, a leading data center developer and operator in Japan have identified an initial site of approximately five hectares adjacent to the existing JFE power plant for data center development. The site can support at least two data centers, and the companies are targeting the commencement of operations for an initial 60 MW data center in fiscal year 2031, which can utilize electricity secured from the captive power plant. Looking ahead, the companies envision a phased expansion in line with demand trends, with additional nearby sites identified for future growth. Ultimately, this development could form a data center campus with several hundred megawatts of IT capacity. The three companies will advance concrete planning, including the design of data centers capable of supporting cloud and AI computing infrastructure. Drawing on its extensive experience in the development and operation of multiple data centers in the Greater Tokyo area, MCDR will support the initiative through the provision of a wide range of development and operational solutions.With respect to the power business, JFE and MC will work to maximize utilization of JFE's captive power plant to deliver stable and cost-competitive electricity to the data center and other power demand within the Ohgishima Area. The companies will also explore reinforcement of the plant's generating capacity in line with progress in land use conversion and expansion of the data center business. Additionally, JFE and MC will study the potential supply of green power by leveraging Ohgishima’s planned hydrogen hub to support the future demand for power resulting from continued land use conversion and data center expansion.Demand for data centers surges in response to growing information processing needs. However, the availability of suitable urban sites capable of accommodating their substantial power requirements remains limited. At the same time, securing a sustainable and stable power supply has become an increasingly pressing social challenge. Through this initiative, JFE and MC intend to address these issues and contribute to the enhancement of Japan's industrial competitiveness.(*1) MC Digital Realty, IncMC Digital Realty, Inc. is an equal-equity joint venture between Mitsubishi Corporation and Digital Realty, a leading global data center provider with more than 300 facilities worldwide. Leveraging Mitsubishi Corporation’s expertise in real estate and infrastructure investment, along with its extensive customer network, and Digital Realty’s global platform and proven capabilities in data center development and operations, the company delivers a comprehensive range of data center solutions in Japan, enabling customers to scale their businesses and drive innovation.(*2) “JFE Vision 2035” and Eighth Medium-Term Business Planhttps://www.jfe-holdings.co.jp/en/sustainability/sus_manage/manage/plan/(*3) Ohgishima 2050https://www.jfe-holdings.co.jp/en/release/2023/0907/000278/MaterialityBased on the Three Corporate Principles, which serve as MC’s core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. While continuously creating Shared Value guided by the Materiality, a set of crucial societal issues, MC will continue to strengthen its efforts towards sustainable corporate growth. Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to “Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually”, this project’s activities particularly support “Contributing to Decarbonized Societies” “Promoting Stable, Sustainable Societies and Lifestyles.” “Utilizing Innovation to Address Societal Needs” and “Addressing Regional Issues and Growing Together with Local Communities”Inquiry RecipientMitsubishi CorporationTelephone:+81-3-3210-2171Inquiry RecipientJFE Holdings Corporation Investor Relations and Corporate Communications DepartmentTelephone:+81-3-3597-3842 Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
