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Casino

Korea integrated resort, does not find financial leverage

Wednesday 01 de February 2023 / 12:00

2 minutos de lectura

(Seul).- R&F Korea (RFKR), promoter of an under-construction casino report project in the Incheon Free Economic Zone in South Korea, is to apply by Tuesday (January 31) to push back by another 12 months the deadline for it to open, and intends also to scale down the scope of the scheme. The current deadline for launch is March 17 this year.

Korea integrated resort, does not find financial leverage

The company also affirmed that it had already sold off – to raise money – a land plot of 89,385 square meters (962,132 sq feet) at the site that had been earmarked for a third phase. RFKR added that meant it was no longer aspiring to have a third phase.

Were a new opening deadline to be granted by South Korea’s Ministry of Culture, Sports and Tourism, it would be the fourth modification of the launch schedule since 2018, a period when the pre-merger Caesars Entertainment Corp was the casino partner.

It emerged in early 2021 that the casino brand – by then taken over by U.S. regional casino operator Eldorado Resorts Inc – had disposed of its interest.

The last time there was an extension, the conditions encompassed finding a new gaming-operator partner; resuming construction of the then-paused first phase; and clarifying the financing plan.

 

Categoría:Casino

Tags: Sin tags

País: South Korea

Región: Asia

Event

Peru Gaming Show 2025

18 de June 2025

"PGS 2025 is a must for players in the igaming world", Diego Verano, EEZE

(Lima, SoloAzar Exclusive).- During his first participation in the 2025 edition of the Peru Gaming Show, Diego Verano, Director of Business Development LatAm at EEZE, talked to SoloAzar about his experience at the event, his interest in the LatAm market and his vision on the evolution of the sector in the region.

Thursday 03 Jul 2025 / 12:00

Eduardo Aching from Konami Gaming, Inc: "Events like PGS provide a great opportunity to build strong bonds in the industry"

(Lima, SoloAzar Exclusive).- In an extense interview, Eduardo Aching, Vice President of International Gaming Operations at Konami Gaming, Inc., shares insights into the company’s strategic presence at Peru Gaming Show 2025, highlighting their latest gaming technologies and regional market vision.

Thursday 03 Jul 2025 / 12:00

PGS 2025 exceeds all expectations with record attendance and strong support from public and exhibitors

(Lima, SoloAzar Exclusive).- The latest edition of Peru Gaming Show established itself as a key event in the Latin American gaming industry, with more than 5,000 daily attendees from 40 countries and a vibrant exhibition hall. Strategic conferences and high-level networking rounded out this historic edition. SoloAzar shares all the details in this interview with Joe López, CEO of AMG, the event organizer.

Wednesday 02 Jul 2025 / 12:00

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