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Tag Archives: Jeju

Korea – Landing hits the heights in first five weeks of casino operation

Landing International has smashed its five weeks of operating the casino at its Korean resort Jeju Shinhwa World with GGR reaching HK$650m (US$82.8m). Rolling chip volume came in at HK$16.2bn for the quarter although the casino’s figures were only relevant from its opening on February 25 to the end of the financial quarter on March…

Korea – Gaming floor opens at Jeju Shinhwa World

Landing International has now opened Jeju Shinhwa World Landing Casino, located in Jeju Shinhwa World Marriott Resort. Dr.Yang Zhihui, pictured, Chairman and Executive Director of Landing International and Jay Lee, CEO of Landing Jeju Development Co., Ltd. officiated the opening ceremony of the casino and unveiled plague of Marriott Resort in the morning. The Group…

Korea – Landing gets green light to relocate Jeju licence to Jeju Shinhwa World

Landing International has received approval from the Government of Jeju Special SelfGoverning Province to relocate its Landing Casino from Hyatt Regency to Jeju Shinhwa World, the Group’s flagship integrated resort, and increase the exclusive gaming floor area to approximately 5,500 square meters, about seven times of its existing area of approximately 800 square meters. Landing…

Korea – Landing to spend additional US$300m on Jeju Shinhwa World

Landing International is to inject an additional investment amount of approximately US$300m into its subsidiary Landing Jeju Development for the development of Jeju Shinhwa World, the first premium integrated resort in Jeju. The total amount invested in the project has now increased to more than US$1.5bn, which is the largest Foreign Direct Investments (FDI) for…

South Korea – Landing looks to move Hyatt Regency casino licence to Jeju Shinhwa World

Landing International Development has applied to relocate its foreigner-only casino licence from Hyatt Regency Jeju Hotel to Jeju Shinhwa World, which is expected to open sometime in 2019. Landing said in a filing to the Hong Kong Stock Exchange: “It is recognised that casino is one of the most essential facilities within an integrated resort…

South Korea – Jeju Shinhwa World to host Lionsgate Movie World

Landing International Development is to develop Lionsgate Movie World at its Jeju Shinhwa World casino resort, Korea. Spanning approximately 1.3m sq. ft, Lionsgate Movie World is Lionsgate’s first branded outdoor theme park and the latest milestone in the continued ramp up of Lionsgate’s location-based entertainment business around the world. In addition to being Korea’s first…

South Korea – Gongzi Jeju Casino opens on South Korean island

Gongzi Jeju Casino has now opened, following ‘months of renovation’ at the Ramada Plaza Jeju Hotel’s casino, on the South Korean holiday island of Jeju. The foreigners-only casino has been renamed Gongzi Jeju and has ‘undergone an impressive interior design [renewal] by Westar Architects International.’ The 3,716m2 casino houses more than 40 gaming tables and…

South Korea – New Silkroad’s Casino in Jeju Island renames as MegaLuck

New Silkroad Culturaltainment has announced that its casino at Jeju KAL Hotel, South Korea, has been officially renamed as MegaLuck. The renaming signifies the success of the new management in consolidating the existing casino business and to usher its brighter future, grasping the opportunities brought about by the rapid development of gaming and tourism in…

South Korea – Iao Kun Group pull out of Jeju sale

Iao Kun Group Holding Company’s purchase of Bloomberry Resorts’ Jeju casino in South Korea has fallen through. Bloomberry Chairman Enrique Razon confirmed that negotiations with the Macau junket operator had come to an end. He said: “We had sale already done but it fell through. But business is starting to pick up so we are…