The venture corporation will invest a total of KRW 743.7 billion to develop the largest-ever casino in Korea. It will also construct three five-star hotels, a convention center, theater facilities, shopping malls and business offices in a 168,000 square meter space as large as six soccer fields. The firm stated that it will open a foreigner-only casino by 2018 as the 1st phase of the project, aimed at overseas vacationers who will take a look at Korea for the 2018 PyeongChang Winter Olympics. It plans to finish construction of the planned resort complicated by 2023. That is not the only competitors it will face, having said that, as areas across Asia vie for the focus of moneyed Chinese visitors. The fast growth of China’s outbound tourist market place implies that governments are loosening restrictions across Asia.
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