The South Ministry that is korean of, Sports, and Tourism revealed that we now have 34 bidders for the two casino licenses which can be to be issued for the procedure of two foreigner-only built-in resorts in the country’s boundaries.
Southern Korea officials are required to announce later on in August where one of many hotel and casino properties is usually to be located. This will mark the beginning of the selection procedure. Analysts believe among the venues are integrated Seoul or somewhere close to the country’s money. As for the other integrated resort it is probably be positioned in Incheon. The city is known for the Incheon International Airport, the biggest one in Southern Korea.
Casino operators and professionals have actually repeatedly pointed out that a gambling venue located somewhere near the airport will probably become a profitable one as it would be to attract more Chinese high rollers along with rich visitors from other Asian countries.
The Ministry of Culture, Sports, and Tourism will think about all 34 bidders and it is anticipated to announce its choice on which two of these are to be given the casino licenses in December 2015.
Two such licenses have actually been given by the ministry. The resorts that are integrated be situated on the Yeongjongdo Island and Incheon. LOCZ Korea, a consortium between Chinese estate that is real Lippo Group and Las Vegas-based casino operator Caesars En Continue reading “South Korea Officials Show 34 Bidders for Casino Licenses”