• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Chinese envoy at Korea casino resort theme park launch

Oct 02, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  


Chinese envoy at Korea casino resort theme park launch

China’s Consul General to Jeju Island was among the guests at the launch on Saturday of a theme park at a Chinese-backed casino resort on the semi-autonomous South Korean island.

The foreigner-only casino at Jeju Shinhwa World, is due to open later, on December 8, according to an announcement last month by the scheme’s promoter, Landing International Development Ltd.

Consul General Feng Chun Tai (pictured fourth from left) attended the resort’s Saturday launch of a locally conceived attraction – Shinhwa Theme Park. A Hollywood-focused theme park called Lionsgate Movie World is due to be operating by the end of 2019, according to Landing International.

Mr Feng was joined at the ceremony by Jeon Seong-tae, Vice Governor of Jeju (fifth from right), and Yang Zhihui, chairman of Landing International (fifth from left).

Mr Yang said in a prepared statement accompany in the press release about Saturday’s event: “The opening of Shinhwa Theme Park signifies another key milestone for Jeju Shinhwa World which sets to offer the first world-class leisure and entertainment facilities in Jeju.”

The theme park will offer 15 rides and attractions themed by TUBAn, a South Korean digital animation studio specialising in 3D work.

According to the release, the gaming resort as a whole will cover 2.5 million sq metres and will have more than 2,000 “premium” hotel rooms. The firm has said previously that its total investment in the project amounts to more than US$1.5 billion.

In late August the company had stated in a filing to the Hong Kong Stock Exchange that completion of Jeju Shinhwa World would take place “progressively from the fourth quarter of 2017 onwards,” with the project “completed by 2019”.

The firm had already announced an initial-phase opening in April, with the launch of a 344-unit serviced resort condominium called Somerset Jeju Shinhwa World.

In November, a facility called YG Town, operated by South Korean entertainment agency YG Entertainment – which represents entertainers including K-pop singers – is due to open at the resort and will feature a themed bar and café.

Chinese visitors are a key target market of the new resort, and Chinese tourists to Jeju Island are entitled to visa on arrival if they arrive direct by air or ship from a city outside South Korea.


  • tweet
Related articles
  • Police find US$11m of missed Landing cash, suspects sought
    Police find US$11m of missed Landing...

    Jan 14, 2021  

  • Landing asks police to track down employee: reports
    Landing asks police to track down...

    Jan 08, 2021  

More news
  • Sands China to pay US$2.4mln tax re Gondola Ride: court
    Sands China to pay US$2.4mln tax re...

    Mar 04, 2021  

  • A fresh US$2-bln casino project proposed for Vietnam
    A fresh US$2-bln casino project...

    Mar 04, 2021  


Latest News

Sands China to pay US$2.4mln tax re Gondola Ride: court

Sands China to pay US$2.4mln tax re Gondola Ride: court

Mar 04, 2021  

Macau’s Court of Second Instance has upheld decisions by a public department in the city, ordering casino operator Sands China Ltd to pay a total of MOP18.9 million (US$2.4 million) in tourism tax...
Read More
A fresh US$2-bln casino project proposed for Vietnam

A fresh US$2-bln casino project proposed for Vietnam

Mar 04, 2021  

LVS plans to keep U.S. base, stock listing: spokesman

LVS plans to keep U.S. base, stock listing: spokesman

Mar 04, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“Asia remains the backbone of this company and our developments in Macau and Singapore are the centre of our attention”

Robert Goldstein

Chairman and chief executive of casino operator Las Vegas Sands



Most Popular

  • Lim Kok Thay, GEN Singapore execs in US$1.3mln stock awardLim Kok Thay, GEN Singapore execs in US$1.3mln stock award March 2, 2021
  • Las Vegas Sands to sell off Nevada assets for US$6.25blnLas Vegas Sands to sell off Nevada assets for US$6.25bln March 3, 2021
  • Covid-19 test cert no longer needed for Macau casino entryCovid-19 test cert no longer needed for Macau casino entry March 2, 2021
  • Galaxy Macau to add Raffles-branded hotel towerGalaxy Macau to add Raffles-branded hotel tower March 1, 2021
  • Macau casino GGR down 9pct m-o-m in February: govtMacau casino GGR down 9pct m-o-m in February: govt March 1, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us