Categories: General

Landing International Postpones Jeju Shinhwa World Casino Opening

The South Korean Jeju Shinhwa World Casino has its opening delayed, according to its promoter. The foreigner-only casino gets its name from where it's located, which is South Korea's Jeju Island. The confirmation came from the casino's promoter, Landing International Development Ltd which is based out of Hong Kong.

Landing International had earlier announced that Jeju Shinhwa World Casino was likely to open by the end of 2017. The opening has now been postponed and will most likely take place this month but no official date has been confirmed as of now. One of the reasons for the delay in opening is because Landing is waiting for the local government to grant them permission to relocate an existing casino at another Jeju venue.

In a statement, Landing International said

We have submitted our application to relocate our casino in Hyatt Regency Jeju to Jeju Shinhwa World to the Jeju government in December 2017. The Jeju government is currently processing our application and we expect the casino transfer to be approved by the Jeju government after the next sitting of the Jeju congress in February 2018

At present, the promoter for Jeju Shinhwa World operates a casino with 16 slots, 28 gaming tables, and electronic table games (EGT's) at the Hyatt Regency Jeju Hotel. Landing International wants to have 240 slots, 160 gaming tables and EGT’s to end up in Jeju Shinhwa World. They plan to have all of located at one of the hotels in Jeju Shinhwa World, which is the Jeju Shinhwa World Marriot Resort.

Jeju Shinhwa World

While the Jeju Shinhwa World casino opening has been postponed, there are still a number of facilities opened to the public. Some of these facilities currently in operation include the aforementioned Marriot Resort, YG Republique (a Kpop-themed zone), Landing Convention Centre, the Shinhwa Theme Park, Somerset Jeju Shinhwa World, and Shinhwa Shoppes.

Landing International has also refuted a report by the media that it had requested local employees to take leave as a cost-cutting measure. The company clarified that the workers were merely told to ‘clear their annual leave at year end’, which is supposed to be a common market practice. According to the firm's spokesperson, the company will keep offering training to their staff at their casino before Jeju Shinhwa World is officially opened. Landing International Development has hired nearly 2,000 employees to work at Jeju Shinhwa World.

Paul Butcher

Hi, I am the Chief Editor of top10casinowebsites.net, this site is dedicated to all thing casino. I have been working around the casino industry for the last 12 years, with different brands. The main purpose of this site is to keep you informed with the latest news and offers around

Share
Published by
Paul Butcher

Recent Posts

LV Sands, Concerned About Online Competition Amid Plan to Build $6bn Casino

Summary: Las Vegas Sands chairman and CEO Rob Goldstein is concerned about the impact of…

4 weeks ago

Biloxi Casino Plans Advance as MGC Considers Two Venues

Summary: Tullis Gardens Hotel and the Tivoli development are in the works. The casinos would…

1 month ago

Rio Hotel & Casino Finishes Phase One of Massive Property Renovation Project

Summary: Rio Hotel & Casino has completed phase one of its multi-year property-wide renovation project.…

2 months ago

Industry Heavyweight Execs Talk Tech Future at TribalNet Conference & Tradeshow

Summary: Monday’s TribalNet Conference & Tradeshow brought together gaming industry executives who discussed the future…

2 months ago

Nevada Regulators Propose Solution for Armed Casino Security Shortage

Summary: The Nevada Gaming Control Board addressed the shortage of armed casino security following the…

2 months ago

Venetian Waiting for Final Approval for $550m Dividend Distribution

Summary: The Venetian in Las Vegas is getting ready for a massive dividend distribution. The…

4 months ago