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South Korean Casino Sites Picked

17 November 2004

SOUTH KOREA – As reported by the Korea Times: "A state-run tourism agency on Wednesday selected three additional casinos for foreigners _ two in Seoul and one in the southeastern port city of Pusan.

"The Korea National Tourism Organization (KNTO) announced that Hanmoo Convention Co.¡¯s Oakwood Premier COEX Center and the Millennium Seoul Hilton in Seoul, and the Lotte Hotel in Pusan were chosen to house casinos exclusively for foreigners.

"The three hotels will sign a lease contract with the tourism organization within five days, and acquire casino licenses from the Ministry of Culture and Tourism next month.

"They are expected to open the casino as early as September next year after setting up facilities and recruiting employees.

"…There are 13 foreigners-only casinos in South Korea, one each in Seoul, Pusan, Inchon, Kyongju and Mt. Sorak, and eight in the southwestern resort island of Cheju…"

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