HomeNewsSouth KoreaR&F Properties awaiting government go ahead on Incheon license

R&F Properties awaiting government go ahead on Incheon license

February 22, 2021

R&F Properties, a Hong Kong-listed company that bought out Caesars Entertainment’s share in a joint venture project in Incheon, South Korea, needs government approval to continue with the development.

The Ministry of Culture, Sports and Tourism will give its decision and likely impose some conditions to the license, a local source said.

If the MSCT fails to approve the takeover of the license, R&F Properties will need to submit an application for a new one.

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Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.