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Second Integrated Casino Resort to Open Doors on Jeju Island

Second Integrated Casino Resort to Open Doors on Jeju Island

According to dependable sources, the South Korean Jeju Island is going to have yet another casino that is integrated built on its territory. A deal, signed on Monday, is known to trigger the establishment of the property that is luxurious because of the present legislative framework, residents of Southern Korea won’t be allowed to participate in gambling activities.

Dream Tower resort that is integrated is now element of Lotte Tour developing as yesterday the latter joined forces with Dongwha Investment and developing Co Ltd.

If founded, the new casino resort is expected to feature the hotel tower that is tallest regarding the territory of Jeju and a complete of 1,600 rooms. As for the gambling amenities, you will see at the very least 400 slots, 200 dining table games and a great selection of facilities designed to meet with the requirements of these that do maybe not play casino games.

In accordance with a written report, released by Union Gaming Securities Asia Ltd, there are eight casinos in the territory of Jeju Island but they are relatively tiny and every of them features about 40 tables and 20 slots.

Presently, the alleged Request for Proposal is occurring in Korea and no a lot more than two licenses can be issued. But, Jeju is defined as a region that is self-governing which, consequently, means that the Dream Tower task has nothing in common because of the RFP procedure.

Even though there is really a total of 17 gambling enterprises in the territory of Southern Korea, up to 16 of these are intended solely for foreigners. 继续阅读