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Mohegan Gaming & Entertainment and the Paramount Pictures Corporation have announced an agreement to build a 404,000 square meter Paramount Pictures-branded theme park at the Inspire IR in Incheon, South Korea.
South Korean opposition parties on Monday submitted a proposal to launch a joint parliamentary probe into alleged illicit hiring practices of public agencies, including state-owned Kangwon Land, local media reports.
Lotte Tour Development Co. is raising 240 billion won (about US$214 million) to complete the construction of its integrated resort on Jeju island in South Korea. Once completed, Jeju Dream Tower is set to be the tallest and largest landmark on Jeju island.
South Korea’s Jeju island, a popular tourism destination for Japanese, continues to attract investment into its casino sector, with travel agency Lotte Tour Development buying the Jeju Lotte casino for 15 billion won (US$13.4 billion).
Turnover at South Korea’s casinos fell 5.9 percent in 2017, after a ban on tour groups by China in March hit visitation.
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