The gambling market in South Korea is developing to attract tourists and investment by foreign casino operators. The country’s first licence to open a casino resort has been granted to a consortium made up of Caesars Entertainment, Lippo and OUE Ltd. While this is a first for South Korea, it is also a first for Caesars Entertainment which has finally managed to enter the booming Asian casino market. The company has lost out on entry into the gaming market in Macau which is said to be worth around 45 billion dollars but being granted the first South Korean licence will enable it to attract players from nearby China to its casino resort.
- Live casinos