Landing International said its foreigner-only integrated resort in South Korea generated positive revenue in the second half of the year after it switched its focus to marketing to locals.
The Macau government on Wednesday announced that its mutual extradition agreement with South Korea has come into force, which will allow one country to extradite a fugitive from the other for local prosecution.
Hong Kong-listed New Silkroad Culturaltainment, which operates the MegaLuck Casino at Jeju’s KAL Hotel, has described the ongoing impact of the Covid pandemic as being “arduous.”
Chinese developer Guangzhou R&F Properties has reportedly sacked about 30 employees who had been working on the site of Midan City Resort Complex in South Korea. R&F is now the sole owner after Caesars Entertainment sold its stake in January.
Approval for the opening of the LT casino at the much larger premises of the Jeju Dream Tower has been granted by a plenary session of the Jeju Provincial Council on a majority vote. Police investigations of the possible manipulation of public opinion surveys are ongoing. The final decision rests with the governor.
The Standing Committee of the Jeju Provincial Council has unexpectedly approved Lotte Tour Development’s request for approval of the Jeju Dream Tower casino in spite of the ongoing police investigation of allegations that public opinion surveys may have been manipulated.