WATERPLAY Solutions Corp
Whether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…
read moreGenting Singapore Plc, Southeast Asia's largest casino operator by market value, is to develop a new integrated casino resort on South Korea's Jeju island.
Following the success of its Resorts World Sentosa integrated resort in Singapore, the $2.2 billion project will be jointly built with Hong Kong-listed Chinese property company Landing International Development Ltd. (582) and initially target visitors from eastern and northern China.
The Genting group of companies has been expanding abroad, in Southeast Asia, the USA and United Kingdom in recent years, from its initial Resorts World Genting attraction in Malaysia's highlands.
With Asian gamblers having contributing to Macau's US$45.2 billion casino revenue last year, transformed the city into the world's largest gambling hub, ahead of the Las Vegas Strip, the joint investment plans to develop the new South Korean gambling and entertainment market.
Explaining the development, Landing International Development Chairman Yang Zhihui recently stated "eastern and northern China (are) very close to Jeju Island - roughly about a one-hour flight, which makes so much more sense for people in Beijing, Shanghai or Qingdao to come to Jeju Island than going to Macau."
To be built on a 2.3-million-square metre site, the Jeju resort will have a total of 800 gaming tables along with a theme park, a shopping mall, villas and apartments as well as three hotels that will have 2,800 rooms.
About 4.3 million Chinese tourists visited South Korea in 2013, an increase of 53% from the year before, and more than one-third of the country's total, according to data from Korea Tourism Organisation.
18th June 2013 - OVERSEAS CASINO OPERATORS EYE SOUTH KOREAN MARKET
Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?
As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.
The Complete Guide to Leisure Industry Products & Services.
Whether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…
read moreICP is an Australian-based company focused on indoor climbing. ICP will manage your project from initial design to completion and beyond, whether you're building an international-level climbing…
read moreWith its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…
read moreiEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…
read moreAs of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd. Click here to view the VIVATICKET Pty Ltd listing. 19th July 2018 - ENTA…
read moreSimplySwim is a school management solution that helps swimming school owners and managers optimize operations by automating functions such as managing class schedules, billing and…
read moreAustralia’s leading manufacturer of horizontal and vertical media filters suited to all types of commercial pools, water playgrounds marine parks, aquaculture and zoos. They are an ideal…
read moreOriginally founded to meet the specific training requirements of its own venue management operations, Ampd Academy now embraces a broader mission to combat skill shortages across Australian…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!