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Woman Hunted After $13 Million Vanishes From Korean Casino

  • Police probing possible theft of cash at popular resort
  • Mystery surrounds missing bundle weighing 280 kilograms
Key Speakers And Displays At The Global Gaming Expo Asia
Photographer: Paul Yeung/Bloomberg

South Korean police are on the hunt for a female casino executive who disappeared after her employer discovered 14.6 billion won ($13 million) in cash missing from the resort’s coffer.

Hong Kong-based Landing International Development Ltd., which operates Jeju Shinhwa World, disclosed in a statement on its website that it was unable to reach the employee who was in charge of the casino funds. Landing’s shares in Hong Kong plunged 7.6% to a record low on Monday before rebounding 6.4% on Tuesday.