Casino

Korea integrated resort, does not find financial leverage

Wednesday 01 de February 2023 / 12:00

⏱ 1 min read

(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

SBC Summit 2026

29 de September 2026

The Future of Sports Engagement Beyond the Court

The SBC Summit in Lisbon highlighted how technology is transforming the relationship between sports and fans. In this column, Robson Silveira, Senior Sales Executive at Sportradar, explores the role of artificial intelligence, real-time data, and innovation in creating more immersive and personalized experiences for sports audiences.

Friday 16 Oct 2026 / 12:00

Ninja Gaming Focuses on Innovation and Global Growth After SBC Summit

(Lisbon, SoloAzar Exclusive).- Natalia Arredondo Fredes, Marketing Manager at Ninja Gaming, highlighted the company's focus on in-house game development, strategic partnerships, and international expansion following its participation as an exhibitor at SBC Summit 2026. The event provided an opportunity to showcase its gaming portfolio, connect with operators and industry professionals, and explore new business opportunities across Europe, Latin America, and Asia.

Friday 16 Oct 2026 / 12:00

SBC Summit 2026 Wraps Up Record-Breaking Lisbon Edition

(Lisbon).- The event recorded 34.5% year-on-year attendance growth, with operator participation rising 37% and C-level attendance increasing 40.7%. SBC also confirmed a long-term agreement to keep Lisbon as the summit’s host city through 2030.

Thursday 15 Oct 2026 / 12:00