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Adelson Interested in South Korean Project

27 June 2005

SOUTH KOREA – As reported by the JoongAng Daily: "An American casino mogul has expressed an interest in investing in a plan by the South Jeolla provincial government, dubbed the "J-Project," to build Korea's largest leisure complex on a 10,579-hectare plot of land in Yeongam and Haenam in the province.

"Sheldon Adelson, chairman of Las Vegas Sands Corp., said at a press conference in Seoul yesterday that the project represents just the kind of venture in which his company specializes.

"Mr. Adelson, who was visiting Korea at the invitation of the South Jeolla provincial government, said that if the conditions are right, his company would invest in the J-Project…"

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