The construction of the Paradise City in South Korea begins in October

The huge entertainment complex – that also features a large casino – called Paradise City is the result of the joint venture with the Sega Sammy Holdings and the Paradise group.
It is scheduled to open in early 2017.
The entertainment complex is located near the Incheon airport in the outskirts of Seoul in South Korea.
We have recently learned a little more about the status of the project since the press announced, that the works on this project will begin early October.
This is an ideal opportunity to talk about this complex.

Many Chinese tourists are expected

The project managers rely heavily on the success of the project. They hope that the proximity to China and the attraction of Korean culture will lead many wealthy Chinese tourists to travel to Paradise City.
Choi Jong-hwan, CEO of Sega Sammy Paradise Co, said that the number of Chinese tourists in South Korea increased by nearly 53% over the last year.
This is an important trend.
He also added: “There will be more rich people in China, and they will need to travel.”

Different phases of the construction

The total budget is €725 million, and the first phase of the construction of the Paradise City entertainment complex is expected to open with 120 gaming tables, 400 slot machines and 300 electronic tabletop games.
This selection of games might appear to be very small in comparison with the huge casinos in Macao, but it will be expanded with the next phase of construction.

A promising market with a bright future

If you are a regular reader of our blog you have probably noticed that we regularly talk about South Korea. The market of this country is promising, and it suggests a brilliant future.
In March, the government has decided to allow foreigners to build casinos in the country.
This has allowed Fox to formalise the creation of a casino complex.
South Korea should emerge as one of the major casino markets in Asia in the coming years, just behind Macao, Japan and Singapore.