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'Problem size?' Jeju casino enlargement 'hot issue' submitted by roserosepasta to u/roserosepasta [link] [comments] https://preview.redd.it/cj67rhcqdey31.jpg?width=560&format=pjpg&auto=webp&s=2d7869e695c894d1b92947d025bce670bb619cb8 Large-scale and complex resorts have become a hot issue in the Jeju casino industry centered on small businesses. According to Jeju Island on the 12th, there are 8 casinos for foreigners in Tokyo, half of which is 16 in Jeju. Jeju foreign casino sales climbed to W11.7bn in 2011, W143.8bn in 2012, W216.9bn in 2013, and W2248bn in 2014, and declined to W29.5bn in 2015, W1760bn in 2016, and W177.7bn in 2017. The MERS outbreak in 2015 and Sadd's deployment in 2017 were the main reasons behind the decline in sales. Then, the casino industry in Tokyo, which suffered a deficit in 2018, was shaken. Landing Casino, a Chinese-based capital, Ramjeong Jeju Development Co., Ltd., relocated the casino at the Hyatt Hotel in Jungmun, Seogwipo, to the complex resort Shinhwa World, expanding the area seven times from 803㎡ to 5581㎡. Since the opening of the Landing Casino, casino sales in Tokyo jumped to W511.2bn last year. The industry estimates that Landing Casino recorded sales of KRW 370 billion in the first half of last year alone. The annual number of casino visitors in Tokyo, which was 200,000, rose to 370,000 last year. Jeju Tourism Promotion Fund, which collects some casino sales, also rose to W47.9bn, well above last year's W13.4bn. 검증 사이트 ◇ "Composite resort is big"… Downtown Casino Concerns The casino enlargement issue is expected to heat up ahead of the opening of the Dream Tower Complex Resort, a high-rise building (5 stories below ground and 38 stories above ground) that Lotte Tourism Development is building in Nohyeong-dong, Jeju. Casino experts say that not only casinos, but also complex resorts for accommodation, food, drinks, conventions, and shopping can be found worldwide. Kim Sang-hyuk, professor of tourism management at Gachon University, presented the successful cases of Macau and Singapore at the 2019 Jeju International Casino Policy Forum at the Ramada Hotel in Jeju City. Is shifting from negative perceptions such as gambling to tourism and leisure, including travel and luxury hotels. ” Lotte Tourism Development acquired Paradise Jeju, which was operated by Lotte Hotel in July last year, for 15 billion won. Lotte Tourism Development plans to move the casino here once the Dream Tower is completed. In addition to relocating the site, the area will be increased by four times (1200㎡ → 4800㎡). Dream Tower, which is scheduled to be completed next month and to be completed by March 2020, is expected to begin administrative procedures for casino relocation early next year. Unlike Shinhwa World Casino, which was the outskirts, Dream Tower Casino is located in Nohyeong-dong, the downtown of Jeju. There are many residential areas as well as primary and secondary schools. This is why mixed eyes are coming out. At the time of the landing casino, it was virtually a new license, and it was the first large casino in the province. Recently, opinions were divided within the council, with the proposal of a partial revision of the Ordinance on Jeju Island Casino Business Management and Supervision, which blocks casinos from becoming larger. However, the agenda is in the process of disposal. ◇ The success of the mixed resort Singapore The casino policy of Singapore, one of the success cases of the casino complex resort, has many implications for Jeju, which is facing the era of large-scale expansion. According to a report by the Metropolitan Council for Culture, Sports, and Sports in August, the Singapore government decided to invest 7.6 trillion won in the expansion of two complex resorts this year. Singapore's additional investment has nothing to do with accelerating competition, such as promoting complex resorts in other Asian countries such as Japan. It is pointed out that if Jeju is to enlarge casinos, it must clearly set its own competitiveness and policy direction. Singapore recognizes the business feasibility of the complex resort, and promotes the supervision system, prevention of side effects, and welfare of residents. For example, casino entry fees and taxes are increased, as well as the proceeds from the admission fees, which are used for public interest activities including the prevention and healing of gambling. Unlike Jeju, which allowed taxi casino full-page ads, Singapore also bans external advertising. In terms of tax revenue, Singapore's tax rate is 22% in Singapore and 9.54% in Korea. Singapore collects only W15.5bn in annual casino permit fees, but not Jeju. 10% tourism promotion fund and corporate tax. In addition to the Casino Regulatory Authority, which also acts as Singapore's casino supervisor, it has set up a separate administrative agency in charge of welfare and medical services to increase casino tax revenues and reform the healthcare system. The necessity of strengthening the management system such as the casino supervisory board was also raised. Jeju Casino's Casino Policy Division has a total of 16 people and the Casino Supervisory Board has a total of 9 people. The Supervisory Commission points out that the level of advisory authority of the Governor is related to casino policy, and thus, the need for status and empowerment is required. The Singapore Casino Regulatory Commission consists of 170 employees and 15 board members. In addition to monitoring and researching casino operations, he also has the authority to audit audits, criminal investigations and various records related to casinos. |
On January 7, the Yonhap News Agency out of South Korea reported a story about the casino at Jeju Shinhwa World, also known as Landing Casino, which had become the center of a mystery. It seemed that an employee left Jeju Island for a holiday vacation in December and never returned. Strangely enough, the casino also reported KRW 14.56 billion ... Best Casino Hotels in Jeju Island on Tripadvisor: Find 3,619 traveler reviews, 3,433 candid photos, and prices for 7 casino hotels in Jeju Island, South Korea. By Lee Hyo-jin A total of 14.5 billion won ($13.4 million) in cash was stolen from a casino on Jeju Island, according to Seogwipo Police Station, Thursday. Browse our selection of 71 Casino hotels & resorts in Jeju Island for the ultimate stay & play vacation. Make your casino vacation a sure bet with Expedia and save your money & time. Apparently, heavy lifting was involved in the reported theft of over KRW14.5b (US$13.4m) in cash from South Korean casino operator Landing International Development Limited‘s Jeju Shinhwa World resort casino. The missing funds reportedly consisted entirely of 50k ($46) Korean won notes, which would tip the scales at over 617 lbs. in total. Casino Hotels in Jeju Island Current page Casino Hotels in Jeju Island; Plan your trip. Jeju Island Travel Guide Flights to Jeju Island Things to do in Jeju Island Jeju Island Car Hire Jeju Island Holiday Packages. Important: This destination may have COVID-19 travel restrictions in place, including specific restrictions for lodging. Check any ... South Korea hunts for woman robber after $13 million goes missing from Jeju casino. WION Web Team South Korea Published: Jan 12, 2021, 11.39 AM(IST) South Korean currency won Photograph:( AFP ) Police in South Korea has launched manhunt for a Malaysian worker after $13.38 million went missing from a casino in the tourist island of Jeju. The Landing Casino, located Jeju Shinhwa World Marriott Resort is the largest casino on Jeju Island offering electronic table games, slot machines, blackjack, Tai Sai and other popular games. The casino also features a dedicated poker area known as the Poker Club offering 8 poker tables for Texas Hold’em and tournaments. The Jeju Dream Tower Casino is located at Nohyeong-dong, Jeju-si, Jeju-do, South Korea. Visit the Jeju Dream Tower Casino information page for more details on this casino. The second largest casino in Jeju would be Jeju Shinhwa World with 394 gaming machines / table games. The Jeju Shinhwa World has a total casino square footage of 107,639 ... After recovering $10.9m of the $13.4m that suddenly disappeared at a casino on Jeju Island, authorities amplify the search to bring those responsible to justice . On Monday 4 January 2021, Landing International had discovered the sum of KRW14.56bn ($13.4m) store in Jeju South Korea had suddenly disappeared.The casino investor assured they immediately reported the incident to the police and ...
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