Monica E. August 11, 2014 08:55:18
Paradise Co. and Sega Sammy Holdings will start building South Korea’s first integrated casino resort in October. All Asian countries with legal gambling seem to have a very specific target these days: Chinese players. And South Korea, a country where the casino industry is growing, is no exception. With no Chinese casinos on the mainland, […]
Jennifer W. June 4, 2014 17:58:05
In a bid to lure gambling punters from China, South Korean casino operator Paradise Co. hires Chelsea football manage Jose Mourino for its new advertising campaign. Also in the South Korean gambling news, the casino giants Paradise are also joining forces with Japan’s Sega Sammy Holdings Inc. to build a brand new casino complex in […]
Rab April 10, 2014 15:44:56
The Seoul Central District Court has ruled that a gambling loan of over $10,000 doesn’t need to be repaid, since it was lent for gambling activities. The South Korean court decided that there was no requirement to repay the loan on the grounds of moral standards and social ethics. Judge Shim Chang-seop said: “money purposely […]
Toni March 26, 2014 18:16:20
Singapore’s integrated resorts and casinos might create a chain reaction across Asia, as other casinos are set for tentative developments. Initially, two separate corporations came together to invests in the Korean casino business. Genting Singapore and a Chinese property developer teamed up to start developments on a $2.1 billion investment in Jeju, the special autonomous […]
Stocks spike as Genting and Landing announce casino project in Korea Stocks for Genting Singapore and partner Landing International Development shot up after they announced plans to develop a $2.2 billion casino resort on South Korea’s Jeju Island. The casino would target Chinese gamblers, who lack legal gambling opportunities at home. The casino will be […]
Investors line up as Japan looks ready to lift ban on casino gambling The center of global casino gambling has shifted eastward, and we definitely don’t mean Atlantic City. With Europe stagnating and American casino revenues on the decline, Asia represents the most exciting emerging market for investors and one of the few regions where […]
Staff September 27, 2012 12:28:36
Market suspects Genting Singapore sold its stake in Australian Echo Entertainment Group to its Hong Kong company arm.
AI S. September 27, 2012 12:28:36
Market suspects Genting Singapore sold its stake in Australian Echo Entertainment Group to its Hong Kong company arm.
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