Sands continues push for $10B casino resort in South Korea

Las Vegas Sands is not giving up on its plan to build a casino resort—one that will allow locals in—in South Korea.

The U.S. casino operator said it will continue promoting its plans for a $10 billion casino resort in the country. George Tanasijevich, managing director of global development for Las Vegas Sands Corp., told reporters in Singapore that they will not stop convincing the South Korean government of the casino’s potential, “whatever it takes.”

Tanasijevich was quoted by The Korea Times saying: “Our interest level is high because we think the opportunity presented by the (Korean) market is a very strong one. So we will follow the guidance of the Korean government and Korean people.”

There are 17 casinos operating in South Korea at the moment, but Koreans are only allowed to gamble at one location—Kangwon Land in the upland area of Kangwon province.