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.
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
ICE Barcelona 2026
19 de January 2026
R. Franco Strengthens Its Global Positioning Following a Strong Presence at ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- R. Franco Digital's participation at ICE Barcelona 2026 delivered a highly positive outcome for the company, which leveraged the event to consolidate its international presence, showcase its latest innovations for both land-based and online segments, and generate key business opportunities across Europe and Latin America.
Wednesday 11 Feb 2026 / 12:00
Kambi Highlights Strong Demand for Flexible and Compliant Sportsbook Solutions at ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Kambi, the leading global sports betting supplier, closed its participation at ICE Barcelona 2026 with a highly positive balance, marked by strong commercial exposure and high-level business discussions that underscored the growing demand for compliant, scalable and flexible sportsbook technology in regulated markets worldwide.
Wednesday 11 Feb 2026 / 12:00
Giorgio Dolce from Uplatform: "Our participation in ICE Barcelona 2026 was fantastic"
(Barcelona, SoloAzar Exclusive).- Giorgio Dolce, Sales Manager at Uplatfrom , reflects on a highly successful ICE Barcelona 2026, highlighting the impact of the company’s distinctive booth, the strong interest in its turnkey platform and sportsbook, emerging trends such as LatAm regulation and crypto casinos, and the firm’s strategic priorities for 2026.
Tuesday 10 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.