Genting, Landing International to jointly develop Jeju Island resort

Genting Singapore Plc broke ground on Thursday on its Jeju project, in South Korea, the company said in a press release. Most Popular Casino suitors submit paperwork to Yokohama: On internet censorship, China can tell the US: Kazuo Okada Aug 20, Tender offer price in fair value range: A deal, signed on Monday, is believed to lead to the establishment of a luxurious property but due to the current legislative framework, residents of South Korea will not be allowed to participate in gambling activities. How to eat sushi the proper way Jul 20th , 5:

Genting Singapore breaks ground on Resorts World Jeju

On Thursday, Mr Won officiated at the groundbreaking ceremony. He was quoted saying: The scheme will have more than 2, rooms and gaming amenities, the company said.

The revamped property opened on January Click here for more. Related articles Jeju might bar casino licence More news Four new junkets approved for Aristocrat foray into digital paying Interviews Still time for my son to help family: Kazuo Okada Aug 20, Yang is also the controlling shareholder in Anhui Landing Holding Group, the only real estate company in Anhui province. Landing requested trading in its shares to be halted at 9am yesterday pending the announcement.

They closed at 63 HK cents on Thursday. South Korea forbids its citizens from gambling in casinos except Kangwon Land, an isolated resort three hours by car from Seoul. Genting Singapore chairman Lim Kok Thay said: Skip to main content. Genting, Landing International to jointly develop Jeju Island resort. Saturday, 08 February, , 5: It marks Genting's first investment in South Korea.

Jeju attracts about 10 million visitors a year, with a fifth to a quarter of them foreigners. The country has 16 foreigner-only casinos whose primary customers come from China and Japan. You are signed up. We think you'd also like. Thank you You are on the list. This article appeared in the South China Morning Post print edition as: Genting joins Landing in 'game changer'.

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