Tag: South Korea casino resort
$1.7 billion South Korea casino resort planned
October 24, 2013
Reuters – Paradise Group , one of South Korea’s largest casino operators, and Japanese gaming company Sega Sammy plan to invest $1.7 billion to build a luxury resort to tap a surge in Chinese gamblers flocking to the country. The pair said in a statement on Tuesday they will build a foreigners-only casino in Incheon, in the northwest of the country near the capital Seoul and a short flight away from wealthy gamblers in China and Japan. South Korea, which bans locals from entering its casinos bar one located in a remote province, is being eyed by global casino operators…