• 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
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Genting’s casino in Jeju faces governor resistance

Aug 19, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck  


Genting’s casino in Jeju faces governor resistance

The governor of Jeju Island, Won Hee-ryong, is showing resistance to the construction of a casino resort by Ramjung Jeju Development Corp, a joint venture between mainland China real estate developer Landing International Development Ltd and Genting Singapore Plc, a subsidiary of Malaysian conglomerate Genting Bhd.

Mr Won said in a radio interview quoted by Korea Bizwire that the construction application by Ramjung had no mention of a casino. That constitutes sufficient ground for application cancellation, the Korea Bizwire reported.

Construction of the US$2.2 billion casino resort on Jeju is expected to start in the third quarter of 2014, after the partners decided to postpone the ground-breaking ceremony originally scheduled for June 24. The property will be modelled after Resorts World Sentosa in Singapore and will be called Resorts World Jeju.

Media reports say the ground-breaking ceremony was postponed after Mr Won ordered a review of the project for allegedly having exceeded the agreed planning permission.

“Before deciding whether to give permission to the casino application, we need to create a supervisory body for casino operations in the province in consultation with the central government. To do that, it will take at least six months or one year,” Mr Won was quoted as saying during the interview.

The comments by Mr Won, a member of the ruling New Frontier Party, clash with last week’s announcement by the South Korean national government that it planned to reduce regulatory barriers faced by developers of integrated resorts that contain gambling facilities.

“Given international casino operators are flocking to Korea with an aim to open casinos for Korean nationals in the future, we must be vigilant about protecting our citizens from unscrupulous operators,” Mr Won, who was elected in June, said in the interview.

He has for several times showed his concern about the opening of more casinos in Jeju Island.

The province, one of the major touristic destinations in South Korea, has eight casinos in operation. All are only for holders of a foreign passport.


  • tweet
Related articles
  • Macau mulls subsidy of up to US$62 per overseas visitor
    Macau mulls subsidy of up to US$62 per...

    Feb 07, 2023  

  • S.Korea casino op GKL’s January sales up 230pct y-o-y
    S.Korea casino op GKL’s January...

    Feb 03, 2023  

More news
  • MGM China had record market share in Jan: COO Wang
    MGM China had record market share in...

    Feb 09, 2023  

  • HK singer Joey Yung to open residency shows for Studio City
    HK singer Joey Yung to open residency...

    Feb 09, 2023  


Latest News

MGM China had record market share in Jan: COO Wang

MGM China had record market share in Jan: COO Wang

Feb 09, 2023  

Macau casino operator MGM China Holdings Ltd had a “record” market share in January, and its venues were the “highest-earning businesses” in the portfolio of the majority owner MGM Resorts...
Read More
HK singer Joey Yung to open residency shows for Studio City

HK singer Joey Yung to open residency shows for Studio City

Feb 09, 2023  

Wynn to spend up to US$220mln in 2023 capex in Macau

Wynn to spend up to US$220mln in 2023 capex in Macau

Feb 09, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"The company will scrutinise the [26 Capital] lawsuit and properly deal with it"

Universal Entertainment

Japanese firm that controls the Okada Manila casino resort in the Philippines



Most Popular

  • Macau mulls subsidy of up to US$62 per overseas visitorMacau mulls subsidy of up to US$62 per overseas visitor February 7, 2023
  • Macau early Feb average daily GGR higher than Jan: JPMMacau early Feb average daily GGR higher than Jan: JPM February 6, 2023
  • LVS ranked by S&P as most sustainable casino sector firmLVS ranked by S&P as most sustainable casino sector… February 8, 2023
  • Ex-junket boss Levo Chan aimed to go to Taiwan: policeEx-junket boss Levo Chan aimed to go to Taiwan: police February 7, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us