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But China, which heavily aids North Korea and allows the isolated nation to exist, banned its citizens from traveling to South Korea during the missile displays of power. Kontomerkos stated the delays in breaking ground were due to reaching final operating agreements with its partners, and obtaining the needed permits from South Korean regulators. Mohegan denied that the postponements have been connected to the escalating international tensions with North Korea. The operator’s flagship venue in Jeongseong 1st closed on 23 February and although it reopened in July, it closed once more much less than two months later. Even though this closure was initially meant to final for just two days, it ended up lasting pretty much two months. Hunting only at the fourth quarter of the year, Kangwon Land’s revenue totalled KRW131.3bn, down 64.8%. After paying general management fees of KRW140.7bn, plus KRW225.0bn towards developing abandoned mines into new resorts, Kangwon Land’s operating loss came to KRW431.58bn. Despite expenditure falling 26.1% year-on-year, charges of sales totalling KRW544.5bn still exceeded income.

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