Articles About PNC Financial Services

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South Korea Does About-Face and Indicates Openness to Casino Firms

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 […]

Korea Mulls Easing Gambling Laws to Bring in Foreign Investors

Tom S. January 9, 2014 14:46:27

If enacted, new tourism strategy to bring in casino development investment from major Las Vegas and Japan-based firms, among others. According to sources the South Korean government is expected to announce a tourism strategy that will make it easier for foreign investors to obtain casino licenses in the country’s special economic zones. Critics of existing […]