Tag Archives: lippo group
- South Korea’s Paradise Co Ltd bounces back in 2016
January 5, 2017
South Korean casino operator Paradise Co Ltd was back in the black in 2016 following a troubled 2015. Figures released this week to the Korea Exchange show Paradise’s casino revenue hitting KRW 603.1b (US $509m) in the 12 months ending December 31, 2016. The figure is 6.2% higher than 2015’s...
- Caesars’ Korean partner can’t find exit; North Korea tells citizens to fink on gamblers
December 1, 2016
Casino operator Caesars Entertainment’s joint venture partner in South Korea says its experiencing delays in extricating itself from the stalled project. In January 2013, Caesars, Indonesian conglomerate Lippo Group and a mystery third party announced the formation of LOCZ Korea, which promised to build a $2b integrated resort in the...
- Caesars’ South Korean JV partner looking for suckers to take over its stake
March 23, 2016
Casino operator Caesars Entertainment’s South Korean joint venture partner is looking for someone to take over its share in the Incheon integrated resort project. In a filing on Monday with the Hong Kong Stock Exchange, Indonesian property developer Lippo Group said the two partners in the LOCZ Korea Corp joint...
- “No certainty” that Caesars’ South Korean casino project will proceed
December 23, 2015
Casino operator Caesars Entertainment’s dream of entering the Asian market might not come to pass, according to the companay's South Korean joint venture partner. In 2013, Caesars and Indonesian property developer Lippo Group formed a joint venture to build a resort casino in Incheon and the government approved the project...
Tensions in Asia propel bitcoin past $4,000 to new milestone
August 14, 2017
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
Kangwon Land casino paying problem gamblers to stay away
March 24, 2017
Cyberattack cripples Korean bitcoin exchange Bithumb
July 6, 2017