The island’s casinos are owned and operated by the provincial government, and the recent survey notes that not all Jeju residents are fond of the properties. Aside from the impending opening of Osaka’s IR, Kangwon Land also faces competition from the increasing Philippine gaming industry and from the potential legalization of casino gaming in Thailand. "With a considerable investment, Kangwon Land hopes to turn from a casino operator into a resort complex operator," the outlet cited one source as saying. The South Korean government advantages considerably from gaming at Kangwon Land. The small business delivered the Korean government about $260 million in net proceeds. Osaka is just a short flight from Seoul and other major Korean cities, with flight times much less than two hours. Korean government officials say the $1.85 billion commitment to Kangwon Land is to diversify the resort and keep its attractiveness as competitors arises from Japan. The investment is the resort’s biggest allocation since Kangwon Land opened in 1998.

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