Articles About Yeongjongdo

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South Korea Looking to Build New Casinos and Resorts

Monica E. August 6, 2014 19:55:28

Korea’s free economic zones announce new plans to build casinos, integrated resorts, and hospitals. Authorities are trying hard to boost the economy in Korea and they’ve decided to place all their bets on tourism. Officials have announced that the country’s Free Economic Zones (FEZ) have plans to build more entertainment facilities in order to attract […]

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 […]