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, […]
Monica E. March 21, 2014 18:10:21
Caesars Entertainment and Lippo will be opening the largest casino resort in South Korea. The two companies have become the first foreign investors to receive a preliminary casino license under South Korean gambling laws, after proposing a $696 million project near the country’s largest airport. The venue would be targeted mainly at Asian gamblers, but […]
Tom S. January 13, 2014 17:48:11
After taking criticism for rejecting major casino bids last year, the Korean government indicates it will loosen standards, inviting foreign investors back in. After South Korea rejected bids by Vegas-based Caesar’s Entertainment and Japan’s Universal Entertainment last June, some unidentified officials expressed considering for revising Korean gambling laws, thereby “easing the bidding standards” on new […]
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