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Seok- Dae-Do Island Casino Project in South Korea Proceeds

10 December 1996

VANCOUVER, British Columbia-- Hans R. Banziger the President of Sungold Gaming Inc. says they are moving forward with a US $300 million project which will consist of a high stakes Hotel/Casino Destination Resort with associated Amusement facilities. The Chung-Nam Group will contribute the 18 acre Seok-Dae-Do Island and additional land onshore (approximately 24 acres) to be used for retail space and parking and will build an access bridge to the Island.
Source: Business Wire

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