Tag Archives: resorts world jeju
- RW Jeju gets new competition: Lotte’s Dream Tower to rise in 2018
October 6, 2015
A new integrated resort could give Genting Singapore’s Resorts World Jeju a run for its money. Lotte Tour Development Co. announced on Monday that its privately-held affiliate, Dongwha Investment and Development Co., had injected its Dream Tower integrated resort project into Lotte in exchange for 5.7 million shares valued at...
- Genting’s Jeju casino ground break in Q2; City of Dreams Manila soft launch Dec. 14
December 9, 2014
Genting Singapore says its stalled casino project on South Korea’s Jeju island will hopefully break ground in the second quarter of 2015. The $2.2b Resorts World Jeju was supposed to break ground this June but the company was forced to cancel the ceremonial earth-turning after the newly elected governor of...
- Standard Chartered endorses Korea’s casino market
September 30, 2014
Standard Chartered Bank has issued a bullish report on South Korean casinos. Standard Chartered analysts Tyler Ahn and Philip Tulk are confident that there is room for growth in the country’s burgeoning casino market, specifically casinos that only cater to foreigners. According to the Tul and Ahn, it’s not out-of-reach...
- Governor’s comments threaten Genting Singapore’s South Korea casino project
August 19, 2014
The future of Genting Singapore’s $2.2b South Korea resort casino project is in doubt after recent comments by the governor of the island on which the property is to be built. On Monday, Korea Bizwire quoted Won Hee-ryong (pictured), governor of the Jeju Special Self-Governing Province, saying there had been...
- Banyan Tree expected to receive casino license in Vietnam; Landing International opens funding for Genting casino in Jeju
July 30, 2014
Singapore-listed resort developer Banyan Tree Holdings expects to receive Vietnamese government approval to build a casino at the Laguna Lang Co resort in Thua Thien-Hue, according to VietnamNet. Nguyen Ngoc Thien, chairman of the Provincial People’s Committee, confirmed the province’s support of Banyan Tree’s casino proposal. The developer still needs...
- City of Dreams Manila ups budget; Genting Singapore delays Jeju groundbreaking
June 20, 2014
The Philippine division of casino operator Melco Crown Entertainment is looking to raise up to US $129m after significantly boosting the budget of its City of Dreams Manila resort casino. On Wednesday, Melco Crown (Philippines) Resorts Corp. suspended trading in its shares on the local exchange as it announced it...
Okada Manila eyes Philippine backdoor listing
May 2, 2017