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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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    S.Korea opens casino market to foreign operator

    avatar
    chinwi
    Top contributor
    Top contributor


    Posts : 999
    Join date : 2014-02-23

    S.Korea opens casino market to foreign operator Empty S.Korea opens casino market to foreign operator

    Post by chinwi Wed Mar 19, 2014 12:37 pm

    LOCZ Korea, a joint venture between Las Vegas-based Caesars Entertainment and Indonesia's Lippo Group, has been given permission to open a foreigner-only casino in 2018, the culture ministry said.

    The casino a $697 million investment plan by foreign investors to build the country's biggest casino town will be the first to be owned and operated by any foreign investors in South Korea.

    S.Korea is closer to Chinese market. JKH and Crown projects should establish the customer base here before 2018.

      Current date/time is Sat Nov 16, 2024 3:14 pm