• 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

Paradise City concludes phase one US$1.4bln investment

Sep 12, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck  


Paradise City concludes phase one US$1.4bln investment

The promoter of the Paradise City casino resort (pictured) at Incheon, South Korea, says the second stage of phase one featuring new non-gaming facilities, will open on September 21, marking an aggregate investment so far of nearly KRW1.6 trillion (US$1.39 billion) in the project.

The promoter Paradise SegaSammy Co Ltd, is a joint venture between South Korean casino operator Paradise Co Ltd and Japan’s Sega Sammy Holdings Inc.

The new amenities include a shopping mall, a boutique hotel, a spa, a club, a film studio, a family entertainment compound and an art gallery.

The second stage of phase one adds 110,000 square metres (1.18 million sq feet)of floor space comprised of the 58-room Art Paradiso hotel, a premium spa named Cimer, a club branded Chroma, an art gallery known as Paradise Art Space, a shopping mall named Plaza, a film studio with the moniker Studio Paradise, and a family entertainment facility known as Wonderbox. Wonderbox will open on a later date.

Paradise City was launched in April 2017 with a hotel, a casino open only to foreigners, and a convention hall under the theme of what the group calls “art-tainment,” – a combination of art and entertainment – with an infusion of Japanese-style hospitality.

It reportedly received some 310,000 visitors in the first 100 days of operation.

Of the KRW1.6-trillion phase-one investment, approximately KRW331.9 billion comes from Sega Sammy Holdings, the latter said in a September 7 press release.


  • tweet
Related articles
  • Kangwon 2021 average bet 61pct above foreigner casinos
    Kangwon 2021 average bet 61pct above...

    Jul 01, 2022  

  • GKL says no biz lift soon from S.Korea-Japan travel easing
    GKL says no biz lift soon from...

    Jul 01, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • GKL says no biz lift soon from S.Korea-Japan travel easingGKL says no biz lift soon from S.Korea-Japan travel easing July 1, 2022
  • Macau monthly GGR for June worst since Sept 2020Macau monthly GGR for June worst since Sept 2020 July 1, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us