Latest News

Back to Latest News back


Genting to build US$2.2 billion integrated resort in South Korea

Genting to build US$2.2 billion integrated resort in South Korea
February 12, 2014

Genting 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.


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all


Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…

read more

Access / Billing / Fitness / Technology / Venues



Playrope Aqua-Fun, are the Australian & New Zealand exclusive distributors for Vortex Aquatic Structures International, the world leader in aquatic playgrounds and urban water landscapes.…

read more

Aquatics / Attractions / Parks / Play / Recreation



SPORTENG specialises in the Planning, Design and Construction inspection of Fields of Play for all sports. Blending engineering with the specialist knowledge gained from working closely with sport…

read more

Consultants / Recreation / Sport / Surfaces / Venues



AUSTRALIAN MADE. FIT FOR PURPOSE. AlphaFit is a 100% Australian owned family company manufacturing gear specifically for the strength and conditioning, functional fitness and high-performance…

read more

Fitness / Recreation / Sport / Technology / Wellness


Pico Play

Pico Play is a global leader in the planning, design, development and construction of world-class themed attractions and entertainment that deliver extraordinary and memorable experiences to millions…

read more

Attractions / Consultants / Design / Recreation / Tourism



The Fitness Generation is now part of NovoFit - see

read more

Fitness / Technology / Wellness


TicketSearch Pty Ltd

TicketSearch is focused on providing businesses, organisations, and venues with affordable, efficient, and powerful self-managed ticketing solutions. The organisation has offices in Australia, New…

read more

Attractions / Entertainment / Technology / Ticketing / Venues



Vticket Pty Ltd is the Australian and New Zealand distributor for Gateway Ticketing Systems Inc., the world leader in high-speed access control, admission control and ticketing software for the…

read more

Attractions / Security / Technology / Ticketing / Venues


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business